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Market Analysis
Carbon Capture is Expected to Play a Pivotal Role in the Race to Net Zero Emissions
Carbon capture technology is often held up as a source of hope in reducing global greenhouse gas emissions, featuring prominently in countries’ climate plans a…
Energy Transition
BHP Considering Exiting Oil and Gas Business
Global miner BHP Group is considering getting out of oil and gas in a multibillion-dollar exit as it looks to speed up its retreat from fossil fuels.
Hydrogen Project
Saipem Launches Offshore Energy Green Hydrogen Plan
Suiso will combine floating wind and solar and marine power systems to convert oil and gas facilities
Oil Field
B.C. Fracking Fields Emit 1.6 to 2.2 Times More Methane than Federal Estimates
Methane emissions from British Columbia oil and gas fields are 1.6 to 2.2 times higher than the federal government is estimating, according to yet another study…
Oil&Gas Drilling
UK Oil & Gas Investments Basur-3 field in Turkey: Influence On The Growth Of Stock Prices?
UK Oil and Gas shares have been growing for six months.
Market Analysis
Fossil Fuel Power Demand has 'Peaked Worldwide': Analysis
Renewable options such as solar and wind are already the cheapest source of new power generation in 90 percent of the world's markets, meaning developing nation…
Energy Storage Battery
Vard Electro to Deliver First Multi-mode Battery Technology Vessel for Canadian Oil and Gas
Vard Electro has been awarded a contract for an innovative hybrid battery power system with Atlantic Towing to be integrated on their vessel Atlantic Shrike.
Coal Mine
Gautam Adani Boosting Fossil Fuel Footprint Despite Pledge to Turn Carbon Neutral
The Adani Group is doubling its coal-fired power capacity to 24 gigawatts, plans to own, develop or operate coal mines with a combined capacity of 132 million t…
Japan
Japan to Remain Committed to Oil and Gas Development Projects
Japan will remain committed to upstream oil and gas developments and plans to boost its ratio of equity oil and gas as it expects the fuels to play a key role i…
Energy Investment
Eni to Buy 315-MW Wind Portfolio in Italy
Italian oil and gas group Eni SpA will fully acquire a 315-MW operational wind portfolio in Italy from UK fund manager Glennmont Partners and Dutch pension fund…
Oil Field
China: Daqing Oilfield's Oil and Gas Achieved Double Overproduction in the First Half
As of June 30, PetroChina’s Daqing Oilfield had completed domestic and international oil and gas production equivalent of 21.54 million tons, an increase of 86…
Oil Field
POSCO International to Develop Gas Field in Indonesia
POSCO International will push for the development of a large-scale oil and gas field in Indonesia following Myanmar.
Oil Pipeline
Oil Pipeline Explosion Kills 3 In Iran
Iranian media report that an explosion that started at a pump house in the country’s southwest tore through oil and gas pipelines, killing three people and inj…
Oil Field
Mud Volcano Explosion Near Major Caspian Sea Gas Fields
An explosion near an offshore field in the Caspian Sea has had media guessing as to what happened, after several shots and videos were released online.
Oil Field
Equinor Brings Pioneering Martin Linge Oil and Gas Field Online
On June 30th, Equinor’s Martin Linge oil and gas field in the North Sea came on stream. The field is powered from shore, resulting in low CO2 emissions, and op…
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