Storegga Geotechnologies is to give the Acorn carbon capture and storage (CCS) project a financial boost after securing additional capital.
Sinopec aims to massively expand its hydrogen refuelling network as the state-owned oil giant, which has the potential to become one of the world’s largest hydrogen producers, attempts to carve out a role in China’s transition to cleaner energy.
Oilfield services company Saipem is exploring opportunities in the carbon capture and storage (CCS) space with a new collaboration agreement.
On 10 February 2021 the UK Government published a consultation paper seeking views on an approach to sequencing the deployment of carbon capture, usage, and storage (CCUS) clusters.
Malaysia’s Petronas is almost doubling its yearly capital investment spend on new energy initiatives this year as it eyes a slow measured diversification away from the traditional oil and gas business.
Mozambique state-owned Empresa Nacional de Hidrocarbonetos (ENH) has formed a joint task force with TCRK Energy, backed by serial Mozambique entrepreneur Tom Bruton, to investigate blue hydrogen opportunities.
Demand for LNG will continue rising, Shell expects, leading the company to warn of a supply shortage by the mid-decade.
Occidental Petroleum has made another discovery in Abu Dhabi’s Block 3, the company revealed during a quarterly results conference call.
The floating offshore wind power market in Asia Pacific could offer investment opportunities worth up to $58 billion as a significant market for the technology is emerging, latest research from Wood Mackenzie shows.
Tlou Energy intends to make its Lesedi power project carbon neutral, by growing vegetation around its Botswana site.
Coal-fired power generation is projected to surge in India as the expanding wave of renewable energy capacity cannot keep up with electrification growth in the South Asian country, home to the world’s second biggest population.
AGR has extended its collaboration with the Norwegian government to help support the country’s carbon capture and storage strategy.
Australia, Japan and Vietnam are leading the shift to renewable energy in Asia Pacific, according to the latest research from IHS Markit. Significantly, coal and gas power plants are also being built at a brisk pace as part of the energy mix across the region.
The UK Government is seeking views on its proposed carbon capture, utilisation and storage (CCUS) strategy.
Myanmar’s transition towards renewable energy sources will face near-term headwinds after the recent military coup. However, analysts are more optimistic over the medium to longer term given the dominance of Chinese companies in the sector.
India is set for the largest increase in energy demand of any country over the next 20 years. This underscores the potential for policies and investment to accelerate the clean energy transition, the International Energy Agency (IEA) said in a new report.
Qatar Petroleum (QP) has taken the final investment decision (FID) for the world’s largest LNG plant, which will increase the country’s production to 110 million tonnes per year.
South Africa’s carbon tax fails to provide a sufficient deterrent to emitters, PwC has said in a recent report.
The Asia Pacific region offers plenty of opportunities for the UK’s subsea engineering sector, both in the traditional oil and gas business, as well as the rapidly expanding renewable energy industry, reckons Subsea UK.
Australia could offer a $26 billion renewable power generation investment opportunity this decade if the government can implement an ambitious long-term Renewable Energy Target (RET) to reverse a slowdown in wind and solar spending.
One of the world’s biggest oil and gas firms is in discussions to support an Aberdeenshire carbon capture and storage (CCS) project.
“I’m really not that interested in creating a glossy report. What I want is solid concept engineering; here is a tool that allows industrial sites to look at the options and start this journey to decarbonisation.”
Occidental Petroleum has delivered a first shipment of carbon-neutral oil to Reliance Industries, in India.
Storegga Geotechnologies is on course to make a final investment decision (FID) on a trailblazing carbon, capture and storage (CCS) project in the first half of next year.
The UK has grand hopes to extend its links with Africa, particularly in the renewable space where there is clear scope for facilitating investments and supporting increased generation.