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IN BRIEF: Jersey Oil & Gas introduces carbon policy for GBA Project Fri, 30th Apr 2021 19:32 Jersey Oil & Gas PLC - oil and gas exploration and production on UK Continental Shelf - Introduces Carbon Policy which will target Net Zero emissions from its Greater Buchan Area project at the start of first oil. Plans for all existing Jersey operations to be carbon neutral from the point of first oil for scope one and two emissions. I am very pleased to announce the adoption by JOG of this important Carbon Policy as part of our ongoing risk management. Through its implementation, we will be contributing to the energy transition and to global net zero ambitions. We understand that responsibly sourced hydrocarbons will be fundamental to a successful global energy transition ensuring vital energy supply during the period, says Chief Executive Officer Andrew Benitz. ....
Oil price, DGOC, JOG, Jadestone, President, Hurricane. And finally… DGO has announced the $135 million conditional acquisition of certain Cotton Valley upstream assets and related facilities primarily in the state of Louisiana from Indigo Minerals, and also an operations and trading update for the quarter ended 31 March 2021. WTI $65.01 +$1.15, Brent $68.56 +$1.29, Diff -$3.55 +14c, NG $2.91 -5c, UKNG (June) 59.26p +3.76p Oil price Another good day for oil as the month comes to a close even if it is a touch lower today. The reason is that economic data from the US continues to pile on and with 1Q GDP of 6.4% and yesterday’s jobless claims falling by 13/- to 553/- markets, certainly over there were very positive. ....
By BFN News | 02:44 PM | Friday 30 April, 2021 Jersey Oil & Gas has announced the introduction of a carbon policy. The firm will seek to identify Scope 1, Scope 2 and material Scope 3 and minimise, measure and report Scope 1 and 2 emissions associated with its operations on an absolute basis. Key to this, the firm stated, will be the consideration and application of pioneering solutions to carbon emissions management, such as platform electrification, which will be considered alongside more conventional oil and gas development options. These will be assessed through a rigorous management system and operational process to ensure sustainable value is realised from the company?s assets. An external advisor has been commissioned to facilitate JOG s greenhouse gas accounting, reporting and verification. ....
Proactive news headlines: Gfinity, Synairgen, Chaarat Gold, Destiny Pharma. A glance at some of the day s highlights from the Proactive Investors newswire Gfinity PLC (LON:GFIN) said it has acquired Drawnite.com, a fan website for the video game Fortnite in another expansion of its digital media arm. Genedrive PLC (LON:GDR) said its COVID-19 PCR test has been approved by Indian regulator after the 96 SARS-CoV-2 kit achieved 100% sensitivity and specificity in the performance evaluation conducted by the country’s Council of Medical Research. Enteq Upstream PLC (LON:NTQ) said it landed a new US$1.1mln rental contract from an existing North American customer. The customer will rent Enteq s core Measurement While Drilling (MWD) technology for a minimum of eight months. ....