Bloomberg: Canada Will Limit Oil Production
The number of licenses issued for new natural gas wells in Canada during the first quarter of 2025 increased by 26 percent compared to the previous quarter, reaching 308 licenses, which is the highest quarterly figure recorded over the past two years. Meanwhile, the number of licenses for oil wells …
TotalEnergies to remain in South African offshore gas projects
According to estimates, the development of the Brulpadda field requires investments of $3 billion. The South African authorities have received assurances from the French energy group TotalEnergies that it will not withdraw from projects to develop large natural gas fields on the country’s southern shelf. This was reported by the …