Frank Ingriselli’s Post

At Trio Petroleum Corp (NYSE: TPET), our commitment to Environmental, Social, and Governance (#ESG) principles drives our operations and reflects our long-term vision for sustainability.   Environmental We've completed an Initial Environment Impact Report (IEIR) for the South Salinas Project. Following the completion of the confirmation well, we will fund the Final Environmental Impact Report (FEIR) and apply for a full-field development and production permit.   Social Our focus is on producing domestic oil to bolster California’s energy industry and support its workforce. This initiative helps reduce the state's reliance on energy imports from countries with less stringent environmental practices.   Governance Our leadership team, with decades of experience, includes our Chairman, who serves as a Board Member for the California Independent Petroleum Association (CIPA). This expertise ensures we effectively navigate the industry's regulatory landscape and permitting processes.   At Trio Petroleum Corp (NYSE: TPET), our #ESG practices underscore our dedication to sustainable growth and responsible operations.  https://lnkd.in/eXQ849_p #TrioPetroleum #EnergyIndependence #OilAndGas #SustainableEnergy #NYSE #TPET

Driving Excellence and Innovation with Mediterranean Petroleum At Mediterranean Petroleum, we are at the forefront of the energy sector, dedicated to delivering superior value through responsible petroleum production and advanced technological solutions. Our core values and mission define who we are and guide our every endeavor. Excellence in Operations: We are committed to operational excellence and efficiency. Our state-of-the-art facilities and rigorous safety standards ensure the highest quality in extraction, refining, and distribution. We strive for continuous improvement to meet and exceed industry standards. Sustainable Practices: We recognize our responsibility towards the environment. By integrating sustainable practices into our operations, we aim to minimize our carbon footprint and promote ecological balance. Our initiatives include reducing emissions, conserving resources, and supporting renewable energy projects. Community Engagement: Building strong relationships with the communities we operate in is vital to our success. We actively engage in community development programs, providing support in education, healthcare, and infrastructure. Our goal is to foster economic growth and improve the quality of life for our stakeholders. Leadership and Integrity: Our leadership team embodies the principles of integrity, transparency, and accountability. We adhere to the highest ethical standards and corporate governance practices, ensuring trust and reliability in all our interactions. Join us at Mediterranean Petroleum as we drive the future of energy with a commitment to excellence, innovation, and sustainability. Together, we can achieve remarkable growth and make a lasting positive impact on the world. #BusinessExcellence #EnergyInnovation #SustainablePractices #CommunityEngagement #Leadership #MediterraneanPetroleum #EnergySector #CorporateResponsibility

Since 2014, around USD 88 billion in petroleum assets have moved from publicly listed to private companies. As the world transitions away from fossil fuels, publicly listed companies are selling petroleum assets to private companies and national oil companies. National oil companies (NOCs) have acquired around $24 billion in assets from non-NOCs since 2014. Many assets that sub-Saharan African and Latin American NOCs have acquired appear vulnerable to energy transition risks. Oil-producing countries and regions must consider financial, human rights, and environmental issues. Great analysis by Nicola Woodroffe at Natural Resource Governance Institute. #responsibledivestment #energytransition #oilandgas #climatejustice

Read our comments in the FT about oil companies' huge investments in deepwater projects: “Big Oil’s attitude shows a lack of imagination beyond oil and gas,” says Mark van Baal, head of activist group Follow This. “At a time when the world must rapidly transition away from hydrocarbons, these companies are betting on decades-long fossil fuel projects and pouring huge amounts of capital into a market that will start declining before the end of the decade.” Read the entire Big Read by Myles McCormick in the Gulf of Mexico and Jamie Smyth in New York in the Financial Times: https://lnkd.in/eVMzsAAb Join the most impactful shareholder in Big Oil at join.follow-this.org

Mediterranean Petroleum continues to lead the way in the petroleum industry, delivering excellence and reliability at every step. As a trusted name in energy solutions, Mediterranean Petroleum has consistently demonstrated its commitment to innovation, sustainability, and exceptional service. Our journey is defined by a steadfast dedication to meeting the world's energy needs responsibly. From cutting-edge exploration technologies to sustainable extraction practices, Mediterranean Petroleum is shaping the future of energy while prioritizing environmental stewardship. At Mediterranean Petroleum, we believe in the power of collaboration and the strength of our partnerships. Together with our stakeholders, we are building a sustainable future where energy meets efficiency, reliability meets responsibility, and innovation meets impact. Together, we are shaping the future of energy. #MediterraneanPetroleum #EnergyInnovation #FutureOfEnergy

Chevron's Gorgon Project Struggles to Meet Carbon Capture Promises - Chevron's Gorgon plant in Western Australia, the world's largest carbon capture and storage (CCS) project, captures much less carbon dioxide than expected. Data from the Institute for Energy Economics and Financial Analysis (IEEFA) indicates the project stores fewer than half of the emissions it removed from the reservoir four years ago. This is far below its approved target of capturing an average of 80% annually over five years. Since starting operations in mid-2019, Gorgon has averaged just 47% annually—falling short due to technical challenges like reservoir pressure. The IEEFA highlights that such problems are common, citing a 2022 study of 13 global CCS projects where only three achieved their targets. Click the link below to read the full story... https://lnkd.in/eyWyq2VK

🌎 Another step towards methane transparency in South America! GNL Quintero S.A. joins OGMP 2.0. The Oil and Gas Methane Partnership 2.0 is the UN Environment Programme's flagship reporting and mitigation programme, and is the only comprehensive, measurement-based international reporting framework for the sector. OGMP 2.0 now covers over 70% of global LNG flows and 20% of regasification capacity, helping drive transparency and accountability at scale. Explore this UNEP initiative: ogmpartnership.com #CutMethane

Continuing our support for collaborative efforts in sustainably developing #Ghana’s energy resources, Explorco’s MD, Michael Aryeetey, offers clarity on a common probe: 📌 “Springfield Group is following the Petroleum Commission’s directive to appraise the Afina discovery, as required by arbitration. The implications for unitization will be addressed after the results are out.” #AfinaAppraisal #EnergyDevelopment #Unitization #EmpoweringDreams

In the “LNG and ESG” chapter in Globe Law and Business Ltd’s book “Liquefied Natural Gas: The Law and Business of LNG,” Baker Botts partner Michael Harrison (with partner Jason Bennett) provides a forward-looking perspective on #LNG in a decarbonized world. Among other things, the chapter considers how continuous advancements in carbon capture and storage technologies can mitigate LNG’s environmental impact and maintain its relevance in a world moving towards net-zero emissions. The observations in the chapter highlight the significance of innovation towards the sustainable development of the LNG industry. Learn more: https://okt.to/lpV7cj

EKOenergy endorsed the Big Oil Reality Check report, written by David Tong and Kelly Trout from Oil Change International, and published today. The report assesses the climate plans and pledges of the eight largest U.S. and Europe-based oil and gas producers: BP, Chevron, ConocoPhillips, Eni, Equinor, ExxonMobil, Shell, and TotalEnergies and finds that these are full of questionable accounting, misleading information, and greenwashing. Every company is “Grossly Insufficient” or “Insufficient” on most criteria. Three (Chevron, ConocoPhillips, and ExxonMobil) are “Grossly Insufficient” – the lowest rating – on all criteria. The world needs a fair, fast, and complete transition away from fossil fuels, with some existing fields and mines being closed early. Governments and investors need to go far beyond the scope of current policies to catalyse the phase-out of fossil fuel activities, and to ensure it happens in a socially just and equitable way. Check out the report, the dedicated website and the recommendations here 👉 https://lnkd.in/dSBQqGxY