A state environmental agency in Kazakhstan has fined an oil company in the west of the country $780,000 over a prolonged fire at one of its fields last year that caused one of the largest emissions of methane in history.
Major energy firms in the UK are set to hold crisis talks to discuss concerns about windfall tax plans for the sector if Labour was to win the next election.
2023 was a tumultuous year for South America’s oil industry, with political shifts, economic crises, environmental concerns, and record production levels