After two years of mediocre activity levels brought on by budget cuts and pandemic-related restrictions there will be an uptick in 2022 as operators work their way through the backlog in Asia Pacific.
Carbon capture and storage (CCS) will play an important role in decarbonising liquefied natural gas (LNG), but the pace of progress remains too slow, writes Gavin Thompson, Asia Pacific vice chair, Wood Mackenzie.
As national carbon-neutral targets come into focus, Asia Pacific solar photovoltaic (PV) capacity could triple by 2030 to 1500 gigawatts (GW), with Indonesia potentially the fastest expanding market by the end of the decade, according to new research from Wood Mackenzie.
Danish wind turbine maker Vestas - which last week announced it would build the world's largest offshore wind turbine - has appointed Purvin Patel as regional president Asia Pacific to bolster its presence and market position in the rapidly expanding markets in the region.
A solar-powered plane landed in California on Saturday, completing a risky, three-day flight across the Pacific as part of its journey around the world.
EIG Pacific Holdings has terminated its offers to acquire Canada's Pacific Exploration & Production after the tender offer expired.