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Low-Carbon Transition

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Illustration: Source: Wood Mackenzie
Low-Carbon Transition

WoodMac’s gas and LNG trends to watch in 2024

Aside from European gas prices being down 45%, Wood Mackenzie’s forecast indicates that flat global demand is on the horizon this year.

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Low-Carbon Transition

Oil & gas alongside green and low-carbon energy: Will such a compass lead the world astray or steer it in the right direction?

Should the world aim for a balancing act to satisfy both energy security and green future aspirations or pick just one?

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about 2 years ago
Dover is a planned subsea tie-back to Appomattox, a Shell-operated production hub in the U.S. Gulf of Mexico; Source: Shell
Low-Carbon Transition

Round up: Major multi-billion oil & gas projects greenlighted in 2023

While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.

about 2 years ago
FPSO Prosperity working at ExxonMobil's third oil project on the Stabroek Block offshore Guyana; Source: ExxonMobil
Low-Carbon Transition

Mergers and acquisitions: Blockbuster oil & gas market consolidation moves in 2023

The oil and gas industry become a hotspot for multi-billion mergers and acquisitions in 2023 while hinting at further consolidation in the fossil fuel machinery.

about 2 years ago
Illustration; Source: Wood Mackenzie
Low-Carbon Transition

Energy outlook: Is gas and LNG growth freeze on the cards in 2024?

Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.

about 2 years ago
Illustration; Source: U.S. Energy Information Administration (EIA)
Low-Carbon Transition

2023 state of energy in review: Gas and green shift as centerpieces of future mix

Following the global energy crisis in 2022, energy security reigned supreme on countries’ energy agendas during 2023.

about 2 years ago
Courtesy of Harbour Energy
Low-Carbon Transition

Harbour Energy getting its hands on Wintershall Dea’s E&P portfolio, bar Russian one, for $11.2 billion

Harbour Energy has the wheels into motion to acquire all of Wintershall Dea’s assets, aside from the ones in Russia, for $11.2 billion.

about 2 years ago
TAQA eyes joining Greece-Cyprus interconnector
Low-Carbon Transition

TAQA eyes joining 900-kilometer European interconnector

Abu Dhabi National Energy Company PJSC (TAQA) has signed a memorandum of understanding (MoU) to explore the possibility of becoming one of the shareholders in a project to develop a 900-kilometer HVDC electricity interconnection between Greece and Cyprus. Under the terms of the MoU, TAQA will explor

about 2 years ago
COP28 UAE
Low-Carbon Transition

COP28’s ‘historic package’: Writing on the wall that spells end of fossil fuel era or new opportunity for gas and LNG players?

A deep dive into the outcome of COP28 climate talks, which some see as a climate win while other perceive it to be a backdoor for more gas and LNG projects.

15 minutes read
Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs, President and CEO of QatarEnergy; Source: QatarEnergy
Low-Carbon Transition

While advocating stronger cooperation, QatarEnergy CEO calls for ‘realistic and scientifically based’ energy transition pathway

QatarEnergy’s CEO has urged Arab countries to bolster their cooperation efforts in the evolving energy landscape to address the energy transition challenges.

about 2 years ago
António Guterres, UN Secretary-General; Credit: UNFCCC/Kiara Worth
Low-Carbon Transition

COP28: Will a magic wand sweep away oil, gas, and LNG in favor of green agenda?

As a battle over fossil fuel language continues to rage, the pressure is not letting up on demands to phase out fossil fuels.

12 minutes read
Illustration; Source: The International Energy Agency (IEA)
Low-Carbon Transition

COP28’s impact on LNG spree: Will decarbonization moves throw oil & gas players off their game?

Will the anticipated global build-out of liquefied natural gas (LNG) projects continue or will many of these projects come to an abrupt end?

15 minutes read
Dr. Sultan Ahmed Al-Jaber, UAE Minister of Industry, CEO of ADNOC, and COP28 President; Source: COP28
Low-Carbon Transition

COP28: Reconciling great expectations with reality in a highly polarized world

A deep dive into COP28 and the clash between those calling for a phase-out of fossil fuels and the ones lobbying to keep oil, gas, and coal firmly entrenched in the energy mix.

13 minutes read
Illustration; Source: TotalEnergies
Low-Carbon Transition

TotalEnergies, Petrobras, SOCAR, and Sonangol join forces to curb methane footprint

TotalEnergies has inked cooperation agreements with three oil and gas companies to carry out methane detection and measurement campaigns.

about 2 years ago