Intelligent technology is the answer to power distribution difficulties
By 2030, almost 40% of global energy demand will be powered by renewables. But integrating renewable energy sources into the…
Net Zero
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OEUK challenges UK election candidates on support for British energy
Offshore Energies UK (OEUK) has thrown down the gauntlet to every candidate standing in the 4 July General Election to…
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UK to lose benefits from £450bn offshore energy market growth – report
Offshore Energies UK (OEUK), a representative body for the UK offshore energy industry, has warned in its 2024 Business and…
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Shell waters down net-zero targets as it moves away from renewables
British oil and gas giant Shell has abandoned its key emissions reduction target for 2035 and watered down another net-zero…
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OPEC encourages IEA’s stance on oil security
Intergovernmental organisation OPEC has expressed its encouragement regarding commentary from the International Energy Agency (IEA) highlighting the significance of oil…
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Petrobras profits fall below record-high 2022 results due to volatile oil prices
Brazil’s state-owned oil giant, Petrobras, recorded a net profit of $25.07bn in 2023, a 24% decrease from its record-high profits…
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COP28 Day 3: US, UAE and China lead methane announcement blitz
On Saturday, during the third day of COP28, global leaders unveiled a raft of new announcements targeting methane at a…
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Yara signs cross-border CO2 transport and storage agreement
Fertiliser maker Yara International on Monday announced that it has signed a deal with CO₂ transport and storage supplier Northern…
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IEA says global oil demand will peak this decade
The International Energy Agency (IEA) said global oil demand would peak this decade at about 102 million barrels per day…
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Oil and Gas companies prioritize reducing scope 1 and 2 emissions
Greenhouse gas (GHG) emissions generated by oil and gas operations—also known as scope 1 and 2 emissions—accounted for 15% of…
