Peru has signed the Paris Agreement and committed to develop policies to increase the share of renewable energy sources from current 5.5% to at least 20% by 2040. However, the country needs significant capital investments to ramp up its natural gas production and increase the share of low-carbon energy sources in the overall mix, says […]
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Posted inEnergy Transition
Natural gas is the answer to energy crunch and transition
Yury Sentyurin, Secretary General of the GECF, commented on the role of gas in the energy transition at the Russian Energy Week
The current energy crunch around the world and the intensifying climate change debate serve to highlight the serious need to embed natural gas as part of a long-term solution to energy market stability and transition, HE Yury Sentyurin, Secretary General of the Gas Exporting Countries Forum (GECF) said at the Russian Energy Week (REW). On […]
Posted inEnergy Transition
Natural gas and renewables partners in decarbonisation: Minister Al-Kaabi
Al-Kaabi stressed the role of natural gas in the energy transition
Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, The President and CEO of Qatar Petroleum, stressed the importance of collaboration between all concerned to help mitigate the effects of climate change. Speaking at the First Asia Green Growth Partnership Ministerial Meeting held virtually from Tokyo with the participation of Asian energy ministers, His Excellency […]
Posted inExploration & Production, DRILLING & PRODUCTION
ADNOC CEO: Natural gas pivotal to UAE economic growth for next 50 years
H.E. Dr. Al Jaber noted LNG and broader gas markets globally are tightening, with demand outpacing supply
Natural gas is set to play a pivotal role in powering economic growth in the United Arab Emirates (UAE) over the next 50 years, according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC). Delivering […]
Posted inEnergy Transition
Natural gas: Reliable and affordable fuel for sustainable recovery
The key to the success of economic recovery plans is to integrate socio-economic factors such as job creation with climate change issues
Having access to clean, reliable, and affordable energy sources is essential to improving the welfare of societies. However, a significant portion of the global population doesn’t have access to electricity and clean cooking methods, and the pandemic has exascerbated the situation. Moreover, energy project delays and investment contraction during the pandemic add further risks to […]
Posted inExploration & Production
Malaysia to lead global offshore natural gas production from upcoming projects in 2025
GlobalData expects Malaysia to contribute around 12% of global natural gas production in 2025
Posted inExploration & Production
Natural gas demand growth to slow, strong policies needed to achieve net zero: IEA
Strong rebound in 2021 from last year’s decline is expected to take demand above pre-Covid levels, followed by more moderate increases through 2024, IEA report says
Posted inExploration & Production
Natural gas plays central role in path to net zero emissions
The Gas Exporting Countries Forum (GECF) believes that natural gas, as an abundant, affordable and clean hydrocarbon source, has a central role to play in the energy transition movement
Posted inDRILLING & PRODUCTION
Russia’s energy policies to emphasize natural gas, hydrogen, and renewables
The nation has taken steps to improve sustainability and to play its role in the wider energy transition
Posted inDRILLING & PRODUCTION
Natural gas a vector of energy transition
Natural gas should begin to be seen as beyond a fuel, and as a vector of energy transition including hydrogen and bio-gas.