Industry News

In the last decade, the energy sector has been faced with a skills deficit on a global level, OPITO said.

U.S. oil and gas production has climbed to record levels.

The decarbonization alliance of oil and gas companies including the world's top producers said in its inaugural report that about a fourth of members only came up with emission reduction goals after joining the support coalition.

The decarbonization alliance of oil and gas companies including the world's top producers said in its inaugural report that about a fourth of members only came up with emission reduction goals after joining the support coalition.

The roadmap unveiled at COP29 aims to form cooperation frameworks between fossil fuel exporting and importing countries to cut emissions across the supply chain.

More than 450 guests are expected to attend this year's awards show.

ExxonMobil Guyana assumes ownership of the unit, while SBM Offshore will continue to operate and maintain the FPSO up to 2033.

Approximately 5.1 million gas gallons equivalent of RNG can be produced annually based on the design capacity of the plant.

Rigzone attends the Web Summit event in Lisbon, Portugal.

Agreements have been signed to pave the way for a UN-backed fund for the most climate-vulnerable countries to start project financing in 2025.

Oil and gas producers in the U.S. will for the first time be required to pay for some of their methane emissions.

The Hague Court of Appeal agreed with Shell that the company could not be legally forced to set a specific emissions target.

'Financial structures will need to be developed that enable costs to be covered, and private investors to make reasonable returns'.

EIP will invest a further $221.8 million in Plenitude, increasing its share capital in Eni's renewables arm to 10 percent.

OMV Petrom awarded the engineering, design, procurement, execution, and commissioning contract for its Ișalnița solar project, located in Ișalnița commune, Dolj county.

Oil prices held near November lows as oversupply indicators and demand downgrades weighed on the market, with Brent ending below $72 amid a strong dollar and cautious trading on Middle East tensions and economic uncertainties.

'The way you influence things is to participate, not to exit'.

'In development planning, ENERGYai will accelerate plans from one to two years to weeks'.

The Cross Trails BESS, expected to start commercial operation by the summer of 2025, will support renewable energy production in the ERCOT region.

The power and gas utility expects restoration costs brought on by hurricanes Helene, Debby and Milton to continue into the fourth quarter.