Oil & gas on the rebound but tension will define 2022, Woodmac says

Energy intelligence provider Wood Mackenzie, a Verisk business, believes that the oil and gas sector will continue to rebound in 2022, but the positive outlook will be tempered by concerns about its future. In its Global Upstream Outlook 2022, Wood … Read More

Shipping’s decarbonization – Words without actions in COP26 aftermath

Despite encouraging steps taken to decarbonize the international shipping sector at COP26 Climate Summit in Glasgow, governments failed to translate words into actions during climate talks at the International Maritime Organization (IMO) last week. Premium content Checking for account. You … Read More

In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future

As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future. Premium content Checking for account. You need javascript to validate your login status. Premium Premium … Read More

Sturgeon comes out against Cambo oil project as Scotland mulls joining alliance to end oil & gas use

Scotland’s First Minister, Nicola Sturgeon, has expressed her belief that the Cambo oil project off Shetland should not get the green light. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to … Read More

COP26 ends with ‘weak and compromised’ line on phasing down fossil fuels

After two weeks of intense negotiations and with one day of extension, the 2021 United Nations Climate Change Conference, or COP26, closed over the weekend and the final outcome is a document now known as the Glasgow Climate Pact and … Read More

In focus: COP26 shows world a glimpse of how it could be

In this week’s In Focus, we put spotlight on COP26 and energy transition updates which include biggest polluters pledging to joint action against climate change, oil majors joining forces for decarbonisation of energy and industry, and governments proposing phasing out … Read More

New alliance launched at COP26 aims to set an end date for oil and gas production

A new global alliance has been announced during the COP26 summit in Glasgow, aiming to seek a managed phase-out of oil and gas production to align with Paris Agreement goals and inviting other countries to join. At the 2021 United … Read More

Draft COP26 deal calls for phasing out fossil fuels subsidies as U.S. and China tie up for climate action

As the final day of the COP26 conference is approaching, the pressure to end the era of fossil fuels is mounting and all eyes are on Glasgow. Two major updates revealed during this week of the summit include a draft … Read More

World’s first liquid hydrogen bunkering facility for fuelling zero-emission ships revealed

Clean energy solutions provider Unitrove has unveiled the liquid hydrogen bunkering facility for fuelling zero-emission ships. Said to be the world’s first, liquid hydrogen bunkering facility was unveiled at the City of Glasgow College’s Riverside Campus during the ongoing COP26 … Read More

Nigeria vows to reach net-zero by 2060, highlights key role of gas in energy transition

During the COP26 summit in Glasgow, Nigerian President Muhammadu Buhari has pledged Nigeria will cut its carbon emissions and reach net-zero by 2060, underlining the key role of gas in the country’s energy transition roadmap. While nations such as the … Read More