Energy Storage
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…
Energy storage innovation: Leading companies in pressurised cryogenic gas storage
The oil and gas industry continues to be a hotbed of innovation, with activity driven by the need for more…
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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…
A new hub for CCS: the UK’s abandoned oil wells
As the UK begins the long process of scaling down its oil and gas industries, increasing amounts of extraction sites…