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Businesses remain concerned about the barriers to investment, however.
The majority of businesses in the world’s richest countries are committed to a net zero target, new research from global law firm Ashurst found. In its survey, the firm found that almost 70 percent of organisations had already committed to a net zero target, with an additional 28 percent having one under development already. Net […]
Iran’s daily production capacity will reach four million barrels by March.
Iran has announced plans to pump more oil than it did before previous-US President Trump imposed additional sanctions, a top Iranian oil official said, Bloomberg reported. The comments were made just before a high-level nuclear talk with are likely to impact Iranian energy-market ambitions. “Plans are in place to increase oil output to more than […]
The 15-year agreement will see Shell responsible for 240 megawatts of installed generation capacity across the Dogger Bank C site off the coast of the UK.
Oil giant Shell has agreed to purchase energy from the world’s largest offshore wind farm on Wednesday. The 15-year agreement will see Shell responsible for 240 megawatts of installed generation capacity across the Dogger Bank C site off the coast of the UK. Centrica Energy Marketing and Trading, and SSE Energy Supply will also be […]
OPEC+ is due to meet next week, but so far prices have yet to fall despite Biden’s plan.
Oil prices held steady Thursday after OPEC announced that a planned release of reserves around the world could increase supply in early 2022, Bloomberg earlier reported. Futures contracts traded near $78 per barrel, after the Organization of Petroleum Exporting Countries’ (OPEC) Economic Commission Board made the prediction. On Tuesday, US President Biden announced the release […]
Although there have been disappointments in the past, these need to be overcome to start to truly harness the benefits of digitalization
Major operators want to go digital, but current computing infrastructures are often unreliable and unable to keep up. Edge computing could be the solution.
The GHG emissions related to the entire value chain of the LNG cargo will be offset through the retirement of high quality nature based credits.
Major Sub-Saharan African countries have a relatively small number of projects in the pipeline in the next five years
Throughout the pandemic, US shale producers have behaved rather conservatively with respect to production levels and have not reacted too quickly to the increase in oil price
These digital solutions are facilitating remote collaboration in the oil and gas sector
