Tag #Oil And Gas

fr.allafrica.com
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APPO to Launch $5 Billion African Energy Bank

The African Petroleum Producers' Organisation (APPO) commemorated its 38th anniversary on January 27th, announcing plans to launch the African Energy Bank (AEB) in Q1 2024 with $5 billion in initial capital to address underinvestment in African oil and gas. The APPO, representing 18 countries, accou...

Progress

36% Bias Score

Affordable and Clean Energy
foxnews.com
🌐 85% Global Worthiness
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AXPC Urges Trump Administration to Expedite Oil and Gas Production

The American Exploration & Production Council (AXPC) sent letters to the Department of Energy, Department of Interior, and EPA advocating policies to increase oil and gas production, including expediting LNG exports, streamlining drilling permits, and revising emission standards, aiming to achieve P...

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60% Bias Score

Affordable and Clean Energy
lexpress.fr
🌐 85% Global Worthiness
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Biden's Last-Minute Offshore Drilling Ban Blocks Trump's Energy Plans

President Biden banned new offshore oil drilling across 2.5 million sq km shortly before leaving office, directly countering Donald Trump's plans to boost oil production and potentially creating significant obstacles for his energy policy.

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44% Bias Score

Climate Action
foxnews.com
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Trump Vows to Reverse Biden's Offshore Drilling Ban, Facing Legal Hurdles

President-elect Donald Trump vows to immediately reverse President Biden's 11th-hour ban on new oil and gas drilling across roughly 625 million acres of U.S. coastal and offshore waters, but faces legal hurdles under a 70-year-old law.

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56% Bias Score

Climate Action
cnbc.com
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Biden Bans New Offshore Oil Drilling Across 625 Million Acres

President Biden banned new offshore oil and gas drilling on approximately 625 million acres of U.S. coastal waters, utilizing the 1953 Outer Continental Shelf Lands Act to protect against environmental risks and counter potential future energy policies, exceeding the scale of prior protective measur...

Progress

48% Bias Score

Climate Action
theglobeandmail.com
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Canada's Fiscal Crisis Shakes Investor Confidence

Canada's political instability and concerning fiscal situation, including record levels of foreign-held debt and a current account deficit, have shaken investor confidence, prompting urgent calls for government action before parliament reconvenes on January 27th.

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48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Upstream Oil and Gas M&A Activity Slows in Q4 2024 Despite Strong Yearly Total

The 2024 upstream oil and gas M&A market saw \$105 billion in deals, down from 2023's record, with Q4 activity slowing due to fewer targets and price volatility; however, gas-focused deals boomed, exceeding \$20 billion, driven by LNG exports and returning international buyers.

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44% Bias Score

Climate Action
cbsnews.com
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EPA and DOE Invest $850 Million to Reduce Methane Emissions from Oil and Gas

The EPA and DOE are investing $850 million in 43 projects, including seven in Colorado and Wyoming, to reduce methane emissions from oil and gas by 80% by 2038, focusing on marginal wells and community engagement.

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36% Bias Score

Climate Action
forbes.com
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Yinson Holdings Raises $1 Billion for Oil and Gas Expansion and Renewable Energy

Yinson Holdings secured $1 billion in funding from investors, including ADIA, to expand its oil and gas business and renewable energy projects, valuing Yinson Production Offshore at $3.7 billion; $200 million is allocated to renewables and shareholder returns.

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44% Bias Score

Affordable and Clean Energy
nbcnews.com
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Biden Bans New Offshore Oil Drilling Across 625 Million Acres

President Biden issued a sweeping ban on new offshore oil and gas drilling across 625 million acres of US waters, protecting the Atlantic, Pacific, Gulf of Mexico, and Bering Sea coastlines under the 1953 Outer Continental Shelf Lands Act to safeguard environmental and economic interests, exceeding ...

Progress

40% Bias Score

Climate Action
theglobeandmail.com
🌐 85% Global Worthiness
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Canada's Oil and Gas Sector: Balancing Economic Needs with Emissions Reduction

Canada's oil and gas sector, contributing 5 percent to GDP but 31 percent of emissions, faces rising climate-related economic costs and stalled emissions reductions, necessitating regulations to ensure a clean energy future.

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28% Bias Score

Climate Action
allafrica.com
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Seplat Completes $800 Million ExxonMobil Asset Acquisition, Expanding Nigeria's Energy Production

Seplat Energy finalized its $800 million acquisition of ExxonMobil's Nigerian assets, incorporating 1,000 staff, 500 contractors, and significantly expanding its oil and gas production and reserves, thereby creating Nigeria's leading independent energy company.

Progress

44% Bias Score

Decent Work and Economic Growth