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View all search resultsNew Zealand said on Monday it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration, and take urgent steps to remove regulatory hurdles to import liquefied natural gas (LNG) amid energy shortages.
The Biodiversity Beyond National Jurisdiction (BBNJ) Agreement signed last month at the UN's New York headquarters heralds a new vision for protecting the world's oceans now toward a sustainable future for all humankind and the planet.
The European Union will plough more money into rocket launches, satellite communication and space exploration to preserve its often unsung successes in space and keep up with US and Chinese ambitions, its space chief said on Sunday.
The Energy and Mineral Resources Ministry recently announced a regulation that will open access for industry stakeholders to the nation’s oil and gas data that is expected to encourage exploration and exploitation in a time of need.
The Finance Ministry has said that the government is preparing a regulation on the gross-split scheme, which will encourage oil and gas companies involved in exploration and exploitation to invest in the sector through the provision of tax incentives, according to a kontan.com report on Tuesday.
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