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Still plenty of climate work ahead after Paris

2015-12-15 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Negotiators from 195 nations will have little time for victory laps after clinching a global climate deal that has eluded them for more than 20 years, with plenty of work still ahead to fulfill key aspects of the deal, including knotty questions on climate finance and still-to-be written verification rules. The deal left open the prospect of difficult talks ahead on how nations will verify that they are making good on what are essentially voluntary pledges to cut greenhouse gas emissions or take...

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Pennine Begins Work On Production Sharing Agreement For Albania's Block Velca Territory

2015-12-15 01:02:10| oilandgasonline News Articles

Pennine Petroleum Corporation (TSX-Venture: PNNor “Pennine”) is pleased to announce that it has received a first draft of a production sharing agreement from licensee Albpetrol Sh.A (“Albpetrol”) for onshore petroleum exploration, development and production in the Block Velca region of Albania.

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Climate deal 'where work begins'

2015-12-14 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New Zealand Herald: A global climate change deal has been hailed in New Zealand as a historic step, but scientists and environmentalists say the deal now needs to be backed with action. The Paris Agreement, signed by 197 countries yesterday morning (NZ time) after two weeks of negotiations, was described by Climate Change Minister Tim Groser as a "huge and historic step forward". It is the first global agreement on climate change and all member countries are committed to limit global temperature rise to 1.5C this...

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Obama, Xi commit to work to get climate deal: White House

2015-12-11 16:13:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: U.S. President Barack Obama and Chinese President Xi Jinping agreed during a phone call overnight that their negotiating teams would work together closely to reach an ambitious climate deal at international talks in Paris, the White House said. "Both leaders agreed that the Paris conference presents a crucial opportunity to galvanize global efforts to meet the climate change challenge," the White House said in a statement about the call released on Friday.

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Glen Lyon FPSO begins sea trials for Quad204 development work in UK North Sea

2015-12-11 01:00:00| Offshore Technology

BP announced that the new Glen Lyon floating production storage and offload (FPSO) vessel has started sea trials in preparation for work on the Quad204 development in the west of Shetland UK North Sea.

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