bp and its partners have approved a $7 billion investment in the Tangguh Ubadari, CCUS, and Compression (UCC) project in Papua Barat, Indonesia. The development is expected to unlock around 3 trillion cubic feet of additional gas resources, aiming to meet the rising energy demand in Asia.
Windfall tax stays: UK decision alarms North Sea oil and gas producers
The UK will keep its North Sea windfall tax in place until 2030, according to the Office for...
