26 October 2023
26 October 2023
The IEA’s World Energy Outlook 2023 sees a decline in the fossil fuel share in global energy supply to 73% by 2030 and carbon dioxide emissions peaking by 2025.
Hungary has remained close to Russia despite the war in Ukraine.
The Matola terminal is estimated to cost around $550m to develop.
Finland’s investigators say they believe the damage to Balticconnector was caused by a Chinese vessel, NewNew Polar Bear.
The refinery capacity is due to increase from 15 million tonnes per annum (mtpa) to 25mtpa.
The Chinese oil company’s revenue in the third quarter increased by 5.5% to Y114.75bn ($15.68bn).
The TotalEnergies-led consortium could not find enough natural gas following the drilling of the first well at the Block 9.
Quantum computing has emerged from its initial hype with continued investment and governments around the world committing to the development of this novel technology.
The Excellence Awards celebrate the greatest achievements and innovations in the industry while providing a platform to recognize the people and companies driving change – get entry details now.
GHG emissions generated by O&G operations accounted for 15% of total energy-related emissions worldwide in 2022. A further 40% of such emissions came from the use of oil and gas for power generation, heating, vehicle fuel, and industrial processes. Only 6 companies have targets covering Scope 3 emissions. To reduce Scope 3 emissions, O&G companies are switching their products to lower-carbon sources of energy including hydrogen, LNG, biofuels, and renewables.
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