Tag: halting
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Petronas President warns: halting investment in oil and gas projects is a ‘catastrophe’
The President and CEO of the Malaysian Petronas “Tengku” company, Muhammad Tawfiq, condemned the calls for an absolute halt to investment in oil and gas projects, describing it as a “catastrophe”. Tawfiq stressed that the lack of investment in oil and gas cause There are severe market fluctuations and affect energy security, according to what…
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COP28 climate summit chief calls for halting methane emissions by 2030
The appointed president of the COP28 climate summit, Sultan Al-Jaber, stressed the need for all parties and sectors to cooperate in order to find realistic solutions to decarbonize and reduce emissions and achieve tangible progress in facing the repercussions of climate change. This came during a roundtable meeting for CEOs on carbon removal, as part…
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Fears of fuel shortages in France after halting Total Energy shipments
Fears of a fuel shortage have been renewed in France, due to the new nationwide strike today, Tuesday (31 January), against pension reform. As the strike led to a decrease in electricity production and the cessation of deliveries from Total Energy sites, according to information seen by the specialized energy platform, and what was published…