Made Lifting News Today

COP27, the 27th version of the UN Climate Change Conference, began 6 November and will focus on climate change and the energy transition.

ABB’s 'Energy Transition Equation’ report talks about technologies that can enable carbon emissions reductions by 2030.

Wintershall Dea has agreed to acquire a 37% stake in the Hokchi Block offshore Mexico from Hokchi Energy a subsidiary of Pan American Energy.

BP has agreed to acquire US-based renewable natural gas (RNG) producer Archaea Energy for an enterprise value of around $4.1bn.

Norway’s oil major Equinor has started production from the Phase 2 development of the Peregrino heavy oil field offshore Brazil.

International Energy Agency says that a fall in OPEC oil supplies risks global energy security.

Carlyle Group is considering the sale of Gabon-focused oil and gas producer Assala Energy to capitalise on surging global energy prices.

Santos has received an offer from Kumul Petroleum to acquire a 5% stake in the $19bn PNG LNG project located near Port Moresby, for $1.4bn.

Rumours of sabotage surround the gas leak from Nord Stream 2 pipeline.

The German government has signed a deal to acquire additional stakes and nationalise gas importer Uniper to ensure energy supplies.