The last week or so has seen a flurry of major cooperation agreements – including in energy, security, and logistics – between various permutations of Iran, Iraq, Russia, and China.
With more than 35 oil discoveries since 2015 the impoverished South American microstate of Guyana has emerged as the world’s hottest frontier drilling location.
As the green energy push gathers speed, propelling the shift to renewable energy sources forward, this raises concerns about oil and gas projects being in danger of turning into stranded assets while the world hurtles towards net-zero.
With a significant level of investment in renewable energy globally, it’s about time that oil stepped aside to let sustainability take shape worldwide
The upheaval in oil and gas markets started by Russia’s war in Ukraine is helping fuel a clean-energy boom as countries scramble to secure their power supply.
The recent assurance from Russian Deputy Prime Minister and key OPEC+ negotiator Alexander Novak – that he does not expect the group to take any new decisions at their next meeting scheduled for 4 June – should not assure anyone.
Days ahead of the key OPEC+ meeting on June 4, the leading producers in the group, Saudi Arabia and Russia, are at odds about output policy.
Malaysia is on the right track towards clean and renewable energy with the cumulative energy related to carbon dioxide (CO2) emissions expected to be reduced by 40% from 70% by 2050, said the Minister of Natural Resources, Environment & Climate Change (NRECC), Nik Nazmi Nik Ahmad. “According to the World Economic Forum’s latest Energy Transition […]
Global Energy Monitor analysis shows 30 companies, including UAE’s Abu Dhabi National Oil, contribute to nearly half of the energy industries’ methane emissions.
Chevron Lummus Global (CLG) announced a recent contract award from Saudi Arabia’s TAQAT Development Co for a new 75,000 tonnes per annum (TPA) graphite complex in Rabigh, Saudi Arabia.