Day: November 10, 2020

Several oil tankers were attacked or approached with attempted attacks in the Gulf of Guinea off West Africa over the past few days, maritime security companies warn. Over the past six days, five such incidents took place in the area, in which four tankers were attacked by pirates, and one was approached while underway with the intent to attack, maritime security company Dryad Global said on Tuesday, warning of a critical risk for mariners in the Gulf of Guinea. Over the weekend, the Torm Alexandra was attacked offshore Benin, and the Wesley…

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U.S. energy-related carbon dioxide emissions dropped by 3 percent last year, offsetting a 3-percent increase in 2018, as a record-high share of low-carbon sources were used in the electricity sector—the main contributor to emissions decline in 2019, the Energy Information Administration (EIA) said on Tuesday. Total energy-related carbon dioxide (CO2) emissions in 2019 were about 150 million metric tons (MMmt) lower than in 2018, and nearly all of that decline, or 96 percent, was due to the changing mix of fuels used to generate electricity. CO2 emissions in the electric power sector…

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ISLAMABAD, Nov 9 (APP):The Oil and Gas Development Company Limited (OGDCL) has produced around 36,221 36,221 BPD crude oil, 904 MMCFD gas and 714 TPD LPG gas during first quarter of the current fiscal year despite coronavirus pandemic and natural decline in existing hydrocarbon deposits. The company, during corresponding period of the last year, extracted 37560 Barrel Per Day (BPD) crude oil, 960 million Cubic Feet Per Day (MMCFD) gas and 702 Ton Per Day (TPD) Liquefied Petroleum Gas (LPG) Gas, according to the company’s quarterly report available with APP.…

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The Oil and Gas Development Company Limited (OGDC) registered a sales’ revenue of Rs59.528 billion for the first quarter (July-Sept) of FY21 as compared to Rs66.204 billion in the corresponding year of last year. “Despite coronavirus pandemic and a natural decline in existing hydrocarbon deposits, OGDC managed to produce around 36,221 barrels per day (BPD) of crude oil, 904 million cubic feet per day (MMCFD) gas and 714 tonnes per day (TPD) of liquefied petroleum gas (LPG) in the first quarter of FY21. The company, during the corresponding period of…

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The All Pakistan CNG Association (APCNGA) said on Monday that the government is promoting the use of compressed natural gas (CNG) to reduce urban pollution, cut oil import bill and increase employment opportunities. In a statement, APCNGA Central Chairman Ghiyas Abdullah Paracha said that the government has taken a number of commendable steps to facilitate CNG pump owners, including removal of ban on setting up new CNG stations. “Now Oil and Gas Regulatory Authority (OGRA) has started issuing licences for new CNG outlets to those who fulfil all formalities, while…

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