May 2023

Enhanced oil recovery could recycle carbon to sustain North Sea oil production while renewables are scaling up

Government may not broaden scope of world’s largest cap-and-trade scheme until 2024 or later

The recent disagreement between Opec and the IEA over market volatility is rooted in the seismic shift required by the oil industry to avoid catastrophic climate change

Liquefied gas may lose market share to nuclear in South Korea, but demand could still be robust

Australian oil and gas producer says MoUs with potential customers imply higher demand for storage at projects in East Timor

Recent announcements demonstrate sustained interest in the mature region, especially among independents

The US needs critical minerals for the energy transition, but its strategy for securing supplies should not mirror its approach to fossil fuels

The independent sees a long-term future for German oil production, despite the country’s influential green lobby

Distance and politics mean there are no easy solutions to Moscow’s pipeline problems

Industry poised to invest heavily on the back of attractive CCUS economics in gas processing and other sectors, US Department of Energy says in new report

Continuing exodus of foreign companies means assets are coming back to Canadian-headquartered firms

The oil and gas sector needs to improve the diversity of its workforce if it is to be equipped to face the challenges of the energy transition.

Corporate buyers including UBS and Swiss Re commit to buy carbon dioxide removals in boost for emerging sector

The six Canadian producers of the Pathways Alliance look to employ technical innovation and energy efficiency to reach scope one and two targets, says group president Kendall Dilling

The six Canadian producers of the Pathways Alliance look to employ technical innovation and energy efficiency to reach scope one and two targets, says group president Kendall Dilling

Incomplete price reforms pose problems for both upstream and downstream players and threaten further shortages

Many projects look attractive on paper but come with multiple risks for financiers and developers, say speakers at Washington forum

The two heavyweight exporters are miles apart in their approach to the market, but the interplay between them will define the future of LNG pricing

Seoul dabbles with Russian and US crude but Middle East remains primary source

Regional energy body pushes for new strategies to develop the continent’s resources

The Emirati giant is keen to reinforce its status as a net gas exporter while remaining cost-conscious even as it splashes its oil windfall

Abuja is still waiting for the Dangote refinery to solve the country’s expensive fuel subsidy problem

Orsted places €200mn order with Aker Carbon Capture and seals large offtake deal with Microsoft as state aid opens way for CCS at bioenergy plants

Joint project aims to develop production of sustainable fuels by combining direct air capture and green hydrogen

Russia’s invasion of Ukraine has forever changed gas markets and prompted renewed interest in storage and previously unattractive developments, but the long-term future of the fuel is doubtful

Western banking sanctions and the crude price cap cause headaches for New Delhi and Moscow

Domestic production and LNG imports are on the table as the country seeks to restore energy security

Grim outlook for refining margins as high interest rates blunt gasoline consumption

First licence round sees 12 developers secure rights to appraise storage sites with potential to hold 10pc of UK’s annual emissions

The American Carbon Registry launches methodology for tradeable offsets generated from plugging abandoned wells in the US

Tackling both the energy security crisis and the climate crisis means clean energy push must be secure and affordable

Tackling both the energy security crisis and the climate crisis means clean energy push must be secure and affordable

The Spanish firm is taking a technology-neutral approach to its 2050 target, recognising the importance of a diversified energy supply

Drilling campaigns and bid rounds are gathering pace, and even the long-discussed East Med pipeline may be back on the agenda as the region prepares to increase its gas exports to Europe

The newest addition to the World Petroleum Congress will offer a range of insights into clean technologies

Accenture—a diamond sponsor of this year’s World Petroleum Congress in Calgary—is working with oil and gas companies to help them in the transition to a low-carbon economy. Here, the firm’s Canada Energy Industry Lead Varun Bindal and Managing Director for Alberta Elizabeth Boright talk to Tom Young about how firms are addressing the challenges ahead.

The five economies are shaking up global markets, and they could be on the cusp of a major break from the existing order

Company plans £4bn investment in new plants in southern US, evaluates nine other sites and opens Houston Beccs headquarters

Cutting emissions of the potent greenhouse gas is beneficial not just for the climate but also for companies’ bottom lines and their social licences to operate

Cutting emissions of the potent greenhouse gas is beneficial not just for the climate but also for companies’ bottom lines and their social licences to operate

First-quarter shale results show ongoing restraint amid signs of cost deflation

‘Mature’ US shale industry, stranded asset risks and clean tech challenges mean sufficient energy supply could be in doubt beyond this investment cycle

The IEA warns against complacency, as the weather and Russian pipeline flows remain major uncertainties

Near-term economic concerns and relative supply strength postpone oil’s recovery narrative

Pipeline imports and domestic production gains may limit LNG take, but Russia and Central Asia uncertainty could prompt buying activity

Demand, production growth and price outlooks will be limited as market continues to adjust following years of disruption

The potential of a play-opening discovery is shackled by lack of investor appetite

Growing list of offtake deals shows large corporations are ready to invest in expensive engineered carbon dioxide removal to support their net-zero goals

Spending on voluntary offsets by UK companies could equate to 8.5pc of 2022 gross profits by 2050, consultancy says

CCUS is one of the key tools for decarbonising the energy system, but governments and industry must act now to accelerate its deployment at scale

Andy McDowell assumes President role; John Royall to move from President & CEO to Executive Chairman; Jacob Adams Mireles joins Gulf Energy Information as Vice President, Events

The long-term prospects for the sector may depend on the rate of decline in global oil consumption