Energy Storage

US accounted for almost half of Europe’s LNG imports in 2023

The US accounted for almost half of the EU’s and the UK's LNG imports in 2023, making it the largest…

Energy storage: the leading companies in pressurized cryogenic gas storage revealed

The oil and gas industry continues to be a hotbed of patent innovation. Activity is driven by the need for…

Harbour, bp team up to develop Viking CCS project

Harbour Energy has teamed up with bp to develop the Viking CCS transportation and storage project. The agreement gives bp…

Inside Norway’s efforts to move on from oil and gas

Amidst soaring interest in energy security and Russian fossil fuel exports, one of the lesser reported developments over the past…

Spirit Energy unveils plans for carbon storage cluster in UK

Spirit Energy is planning to convert its depleted South Morecambe and North Morecambe gas fields in the Irish sea, and…

Petronas signs two agreements with ExxonMobil to develop CCS projects

Malaysian oil and gas company Petronas has signed two project development agreements with US energy major ExxonMobil’s Malaysian unit, ExxonMobil…

Europe and the Middle East to lead global working gas capacity additions by 2026

GlobalData’s latest report, ‘Global Capacity and Capital Expenditure Outlook for Underground Gas Storage, 2022-2026’, states that the global working gas…

Deals relating to energy storage increased significantly in the offshore industry in H1 2022

In the first half of 2022, the number of deals relating to energy storage increased significantly – by 120% from…

Outlook for top oil and gas themes in 2022

GlobalData’s latest multi-theme report, ‘Top 20 Oil and Gas Themes 2022’ provides an assessment of how the leading macroeconomic, industry…

Russia to reduce oil production by three million bpd: IEA report

A report by the International Energy Agency (IEA) has estimated that Russia will reduce its oil production by three million…

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