China oil demand slowdown prompts IEA to cut oil growth forecast
Global demand for oil only increased by 800,000 barrels per day (bpd) in the first half of 2024 (H1 2024), less than half the amount seen in 2023.
13 September 2024
13 September 2024
Global demand for oil only increased by 800,000 barrels per day (bpd) in the first half of 2024 (H1 2024), less than half the amount seen in 2023.
Local community groups are asking for compensation from the energy giant for allegedly violating an exisiting deal.
Earlier this year, Uganda increased its annual budget for the oil and gas sector as the country prepares for serious oil production.
Saudi Arabia is a key player in the global oil market, but just how serious is the energy giant in its desire to go green?
This strategic move aligns with Gevo’s aim to convert renewable carbon into sustainable aviation fuel (SAF) and chemicals while reducing carbon emissions.
The new digital platform offers an integrated dashboard to connect the entire carbon capture, utilisation and storage (CCUS) life cycle, aiding in risk management and decision-making.
The South Texas Direct Air Capture (DAC) Hub is expected to remove 500,000 tonnes (t) of CO₂ annually, with plans to increase this to more than one million tonnes (mt) per year.
Under the contract, liquefied natural gas (LNG) delivery is set to commence in 2025 and continue through 2029.
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