A recent deal between Qatar’s QatarEnergy and China’s Sinopec bolsters hopes that gas and LNG will power the energy transition engine.
New report predicts a boost in demand, with orders reaching up to $173 billion for 168 floating production units within the next five years.
ExxonMobil has wrapped up the acquisition of Denbury and expanded its low-carbon business and CO2 pipeline network in the United States.
Shell has joined its peers in posting solid operating and financial performance for the third quarter of 2023.
The International Energy Agency’s new report outlines that the energy world is expected to change its stripes by 2030.
The COP28 Presidency has revealed the launch of a new charter to mobilize and encourage the private sector to take further steps towards accelerating and bolstering their net-zero pledges.
BP has achieved production growth, a reduction in net debt, and a “robust” operating cash flow, based on its results for 3Q 2023.
TotalEnergies, Eni, ExxonMobil and Chevron have reported strong operating and financial performance in the third quarter of 2023.
OEUK has welcomed the award of new oil and gas licenses as a step in the right direction to strengthen homegrown energy security.
Equinor has inked a new supply agreement for natural gas with RWE, which is expected to aid in bolstering Germany’s energy security.
Aker BP and OMV have completed the acquisition of a 3D seismic survey over their carbon capture and storage (CCS) license area in the Norwegian North Sea. Norwegian seismic company PGS with its vessel Ramform Atlas carried out the campaign over the Poseidon CCS license located approximately 100 kilo
The final investment decision (FID) has been made for the Porthos CO2 storage project – the first such project in the Netherlands, allowing construction to start next year. Porthos, a joint venture of EBN, Gasunie, and the Port of Rotterdam Authority, will provide transport and storage services to s
Wood Mackenzie believes that emerging sectors will not be able to usher in a net-zero by 2050 era without CCUS.
Wood Mackenzie points out that NOCs and IOCs are making progress at a different pace, as there are multiple roads to a sustainable world.
