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COP28: Australia to stop funding foreign fossil fuel projects
Australia signed a statement on Tuesday committing to end funding of overseas fossil fuel expansion, joining 39 countries that have …
Venezuelan oil exports remain unchanged despite lifting of sanctions
In November, Venezuela’s oil exports remained roughly the same at 651,000 barrels per day (bpd) despite the easing of US …
Asia to dominate global phenol capacity additions by 2027
Global phenol capacity is poised to see considerable growth over the next five years, potentially increasing from 15.65 million tonnes …
Low-carbon ammonia and methanol plants expected to rise
Low-carbon hydrogen and carbon capture technologies are gaining prominence in the petrochemical sector. Companies such as CF Industries and Yara …
Phasing out fossil fuels among options weighed at COP28 final agreement
Phasing out fossil fuels is among the options participants at the COP28 are considering as part of the final agreement …
Phasing out fossil fuels among options weighed at COP28 final agreement
Phasing out fossil fuels is among the options participants at the COP28 are considering as part of the final agreement …
Lukoil considers sale of Bulgarian oil refinery
Russian oil giant Lukoil is assessing several options for its assets in Bulgaria, including a potential disposal of the Neftochim …
Woodside and Mexico Pacific sign LNG supply agreement
Australian oil and gas producer Woodside has signed a long-term agreement to purchase LNG from Mexico Pacific. Under the sales and …
ADNOC and SOCAR team up on low-carbon energy technologies
Abu Dhabi National Oil Company (ADNOC) has formed a partnership with SOCAR to develop low-carbon energy technologies. Under the alliance, ADNOC …
BP begins first production well drilling at Azeri oilfield
bp has commenced drilling the first oil production well from the new ACE platform offshore Azerbaijan. The ACE project represents the …
Saipem sees highest patent filings and grants during August in Q3 2023
Saipem saw the highest growth of 199% in patent filings in August and 166% in grants in July in Q3 …
Korea Gas sees highest patent filings and grants during July in Q3 2023
Korea Gas saw the highest growth of 16% in patent filings and 132% in grants in August in Q3 2023. …
Gore criticises UAE for misleading public at COP28, pushes for fossil fuel phase-out
Former US vice-president and co-founder of Climate TRACE Al Gore has criticised the UAE, host of COP28, for misleading the …
Emirati oil casts an inescapable shadow over climate talks at COP28
DUBAI - For people in the climate world, the annual two-week extravaganza that is COP28 is a moment to see …
Kemira to sell oil and gas business to Sterling Specialty Chemicals
Finnish chemicals company Kemira has reached an agreement to sell its oil and gas business to Sterling Specialty Chemicals. On a …