Latest Stories

Alberta unveils CCUS initiative as COP28 opens in Dubai

1 December 2023

Canada's main oil-producing province, Alberta, has unveiled a new initiative aimed at reducing emissions tied to climate change.

Chevron, Shell are hampering efforts by US to refill the SPR, says report

1 December 2023

Major oil companies are delaying return of their borrowed barrels to the Strategic Petroleum Reserve (SPR).

South Africa’s bid to tackle energy crisis starts bearing fruit, senior emerging markets economist says

1 December 2023

The intensification of load shedding has brought growth in South Africa’s economy to a halt in 2023, but there finally appears to be some light at the end of the tunnel, says Jason Tuvey of Capital Economics.

ExxonMobil reverses course on methane emissions oversight

1 December 2023

ExxonMobil has opted to participate in the UN's primary programme for reporting methane emissions, aiming to project a more transparent image following a period of resisting external scrutiny of its climate change efforts.

US intends to halve the Kremlin's oil and gas revenues by the end of this decade

1 December 2023

Top US diplomat and Assistant Secretary of State for Energy Resources Geoffrey Pyatt told the Financial Times that US intends to halve the Kremlin’s oil and gas revenues by the end of this decade, and sanctions will remain on Russia “for years."

Canada’s oil, gas producers to drill 8% more wells next year

1 December 2023

Canada’s oil and gas producers will drill 8% more wells next year, in large part because of greater access to pipelines such as the Trans Mountain expansion, said the Canadian Association of Energy Contractors.

Japan’s JERA gets the OK on LNG stockpiling plan

1 December 2023

Japan's Ministry of Economy, Trade, and Industry has given the green light to an initiative proposed by JERA, the nation's leading power generator

Sembcorp acquires 428 MW of wind assets in China and India

1 December 2023

Sembcorp Industries Limited has inked two distinct agreements to procure a combined 428 MW of wind assets situated in China and India

Indian government proposes 13 hydroelectric projects in Arunachal Pradesh

1 December 2023

In a move towards bolstering India's energy infrastructure, the government has unveiled plans to establish 13 hydroelectric projects in Arunachal Pradesh

Engie embarks on construction of 400-MW solar PV plant in Gujarat

1 December 2023

India's Engie has commenced construction of a 400-MW solar photovoltaic plant in Gujarat

AmpIn unveils 600 MW+ renewable project in eastern India

1 December 2023

AmpIn Energy Transition Limited has made an announcement, revealing plans to invest $372mn in India's eastern region

EDF expands global reach with key Indian agreement at World Nuclear Exhibition 2023

1 December 2023

French energy giant EDF made significant strides in its international collaborations as it inked pivotal cooperation agreements during the inaugural day of the World Nuclear Exhibition 2023 in Paris

Vietnam surprises world with clean energy commitment at COP28

1 December 2023

Vietnam has made a bold decision to transition to clean energy, surprising international experts and earning high praise from the world

Global climate plans still fall short

1 December 2023

Ahead of the Cop28 climate summit beginning on November 30 in Dubai, Sultan Al Jaber, the Cop28 president-designate has said that he believes an "unprecedented outcome" is still on the cards – keeping alive hopes something will happen.

COP28: Cities in the face of the rising tide

1 December 2023

By 2050 an estimated 1bn people globally will be living in coastal areas, which are already threatened by rising tides.

Oil sector expected to play major role Argentine economic recover under Milei administration

1 December 2023

Argentine president-elect Javier Milei is poised to rely on the nation’s oil and gas industry to revitalize the struggling economy, Wood Mackenzie principal analyst Adrian Lara observed.

Indonesia nominates Italy's Geng North and Malaysia's Asap Kido Merah for National Strategic Oil and Gas projects

1 December 2023

The Special Task Force for Upstream Oil and Gas Business Activities of Indonesia has proposed the Geng North and Asap Kido Merah oil and gas blocks as national strategic projects