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Market Outlooks

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Will energy infrastructure be an ace up Europe's decarbonisation sleeve?
Market Outlooks

Will energy infrastructure emerge as an ace up Europe’s decarbonisation sleeve?

A new report on Europe’s energy transition progress highlights the key role energy infrastructure is playing in driving decarbonisation.

about 3 years ago
Inseanergy’s floating solar unit (Courtesy of Inseanergy)
Market Outlooks

AKVA Group, Inseanergy team up to decarbonize aquaculture using floating solar

AKVA Group and Norwegian floating solar company Inseanergy have signed a letter of intent for the supply and integration of green energy solutions to the aquaculture industry.

about 3 years ago
thyssenkrupp Uhde and ADNOC ally on ammonia cracking to boost hydrogen economy
Market Outlooks

thyssenkrupp Uhde and ADNOC ally on ammonia cracking to boost hydrogen economy

thyssenkrupp Uhde, a Germany-based subsidiary of thyssenkrupp Group that specialises in chemical engineering, and the Abu Dhabi National Oil Company (ADNOC) have signed a Memorandum of Understanding (MoU) to explore a long-term partnership to create new markets for hydrogen and promote global clean

about 3 years ago
While oil & gas will stay America’s darlings for decades to come, low-carbon energy is industry’s paradigm
Market Outlooks

Oil & gas to stay America’s darlings for decades to come with low-carbon shift as industry’s paradigm

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.

about 3 years ago
US, Canada, and Mexico to boost clean hydrogen market in North America
Market Outlooks

US, Canada, and Mexico to boost clean hydrogen market in North America

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

about 3 years ago
Energy transition needs fair and realistic solutions; natural gas is destination fuel, says Qatar’s energy minister
Market Outlooks

Energy transition needs fair and realistic solutions; natural gas is destination fuel, says Qatar’s energy minister

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

about 3 years ago
Low-carbon investments set to hit $620 billion in 2023, Rystad says
Market Outlooks

Low-carbon investments set to hit $620 billion in 2023, Rystad says

While low-carbon investments overtook oil & gas spending for the first time in 2022, this growth is expected to slow in 2023, says Rystad.

about 3 years ago
Maersk Methanol
Market Outlooks

Maersk Growth invests in green methanol

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

about 3 years ago
South America to stay 'key region for high-impact exploration', Westwood says in 2023 outlook
Market Outlooks

South America to stay ‘key region for high-impact exploration’, Westwood says in 2023 outlook

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

about 3 years ago
US company expands subsea product portfolio for offshore wind market
Market Outlooks

US company expands subsea product portfolio for offshore wind market

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).

about 3 years ago
Shell unveils five energy sector trends to watch in 2023
Market Outlooks

Shell unveils five energy sector trends to watch in 2023

Shell lists five trends in its energy outlook for 2023 observed through the prism of energy security, economics and transition to low-carbon.

about 3 years ago
Provaris, Norwegian Hydrogen ally on green hydrogen development in Nordics
Market Outlooks

Provaris, Norwegian Hydrogen ally on green hydrogen development in Nordics

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

about 3 years ago
CNOOC bringing multiple oil & gas projects online in 2023 while bolstering transition to low-carbon and green energy
Market Outlooks

Multiple oil & gas, low-carbon and green energy projects on CNOOC’s agenda for 2023

CNOOC plans to ramp up oil and gas production in 2023 while advancing its transition to low-carbon and renewable energy.

about 3 years ago
Capricorn’s NewMed merger plan runs up against strong shareholders’ opposition
Market Outlooks

Capricorn’s NewMed merger plan runs up against strong shareholder opposition

Certain shareholders have voiced concerns over Capricorn’s proposed merger with Israel’s NewMed, seeing it as “profoundly unfavourable.”

about 3 years ago
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