Labour MPs and climate campaigners are reportedly softening their opposition to the controversial Jackdaw North Sea gas field ahead of a potential Andy Burnham premiership, while vowing to continue fighting the Rosebank oil field. The shift reflects a pragmatic approach to jobs and energy security, though it draws criticism from environmental groups and the Green Party.
An explosion at Qatar's Ras Laffan gas field has resulted in the deaths of 12 Indian nationals and injured 66 others. India's Ministry of External Affairs is coordinating with Qatari authorities for identification and repatriation of the deceased, while the Indian Embassy in Doha provides assistance to affected families.
Egypt's Ministry of Petroleum announced the start of drilling a new well in the Nargis natural gas field in the Mediterranean Sea. The field is operated by Chevron, in partnership with Eni, Mubadala, and Tharwa Petroleum.
The gas field off the south-west coast of Victoria could provide up to 4 per cent of the east coast's energy supplies.
Reabold Resources, a UK-based energy firm, is exploring the potential to mine Bitcoin using a small-scale power generation facility at its West Newton gas field in Yorkshire. Co-CEO Sachin Oza said a private gas supply would allow cheap Bitcoin mining to help fund gas field development. The firm's official statement softened the tone following criticism from anti-fracking advocates. Shares in Reabold (RBD) rose 7.3% on Monday following the clarification.
