China National Petroleum Corp (CNPC) (CNPET.UL) cut its methane emission intensity by 6% last year from the 2019 level, the top oil and gas producer said on Thursday.
Hungarian Foreign Minister Peter Szijjarto has signed a 15-year gas supply agreement with Russian energy group Gazprom to take effect as soon as its existing deal expires in September, he said on Thursday.
Testing work on Russia's Nord Stream 2 gas pipeline to Germany will start next week, Alexander Drozdenko, governor of the Leningrad region where the pipeline starts, was cited as saying by the TASS news agency on Wednesday.
A gas pipeline between Greece and Bulgaria aimed at helping Sofia wean off Russian gas has hit another delay and will not become operational until June 2022, the head of the Bulgarian energy regulator said on Wednesday.
Sustainable BusinessFactbox: IEA s urgent fossil fuel warning earns mixed reception from producers
Reuters
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Steam and other emissions rise from a power station in Belgrade February 7, 2012. REUTERS/Marko Djurica
A stark appeal by the world s top energy body to stop investment in new fossil fuel projects by next year has met a mixed reception from the world s top producers - from guarded praise and pledges to cut back on coal to outright defiance.
The International Energy Agency said in its Net Zero by 2050 report last week that investors should not fund new oil, gas and coal supply projects beyond this year if the world wants to reach net zero emissions by mid-century and meet the goals of the 2015 Paris Agreement on climate change. read more