A new three-part plan to unleash American energy confirms the reign of oil and gas is far from over, but the shift to low-carbon is the industry’s paradigm.
The US, Canada, and Mexico have ‘committed to combatting the climate crisis’ by working together on the development of a clean hydrogen market in North America. At the conclusion of the North American Leaders’ Summit, the countries agreed to work together in six areas, including methane emissions re
So far, global net-zero ambitions have not been supported with an actual plan beyond setting expectations by a certain date and the world cannot solve its environmental and climate change problem without being realistic about the solution, according to Saad Sherida Al-Kaabi, the Minister of State fo
While low-carbon investments overtook oil & gas spending for the first time in 2022, this growth is expected to slow in 2023, says Rystad.
Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has revealed an investment in Berlin-based startup C1 Green Chemicals AG which specializes in the production of green methanol. The company has developed innovative technology enabling the mass production of green methanol without
High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy market research and consultancy firm Westwood reports, explaining that this is due to higher oil prices not having fed through into more explor
Panduit, a US provider of electrical and network infrastructure solutions, has bought the subsea cable and pipe protection product portfolio and related technologies from South Korea marine manufacturer DongWon EN-Tec (DWE).
Shell lists five trends in its energy outlook for 2023 observed through the prism of energy security, economics and transition to low-carbon.
Australian Provaris Energy has signed a Memorandum of Understanding (MoU) with Norwegian Hydrogen AS, a developer of hydrogen production hubs and value chains, to collaborate on the development of green hydrogen value chain projects in the Nordics, Europe. The scope of the MoU will focus on the deve
CNOOC plans to ramp up oil and gas production in 2023 while advancing its transition to low-carbon and renewable energy.
Certain shareholders have voiced concerns over Capricorn’s proposed merger with Israel’s NewMed, seeing it as “profoundly unfavourable.”
TNO, short for Netherlands Organization for Applied Scientific Research, has launched a platform that brings together core group of Dutch companies whose ambition is to accelerate development and rollout of offshore solar power.
Danish container shipping major Maersk has appointed a new executive leadership team as the company kick-starts the year under the helm of Vincent Clerc as CEO. As we reported earlier, Clerc took over the reins at A.P. Moller – Maersk on January 1, 2023, following the retirement of his predecessor S
The Port of Corpus Christi has been encouraged by the US Department of Energy (DOE) Office of Clean Energy Demonstration to submit a full application for its Horizons Clean Hydrogen Hub (HCH2) through the Regional Clean Hydrogen Hubs Program. The port sees itself as the prime applicant for the HCH2,
