Reducing methane leaks to the atmosphere is the single most important and cost-effective way for the industry to reduce these emissions.
Read More »Middle East Share of India’s Oil Imports Falls to 4-Year-Low
India is working to diversify its oil supply sources to cut dependence on the Middle East.
Read More »Oil and Gas Industry must Take Swift Action to Tackle Climate Change
The International Energy Agency says oil and gas companies. with their ‘extensive know-how and deep pockets’. can play a crucial role in accelerating the deployment of offshore wind. carbon capture and hydrogen.
Read More »OECD Renewable Energy Production in October Up 5% on Previous Year
The latest Monthly Electricity Statistics report from the International Energy Agency shows this accounted for 27.5% of total net production.
Read More »Geopolitical Tensions won`t Lead to Oil Market Shock
The oil market has been driven in recent years by a surge of non-OPEC production that has outstripped demand.
Read More »IEA Sees well Supplied Oil Market despite Slower US Supply Growth
Saudi Arabia cut crude production to 9.68 million b d from 9.88 million b d in November.
Read More »Iraq`s Oil Supply Vulnerable amid Mideast Tensions
Iraq’s fragile security situation may limit its plans to expand oil-production capacity in the medium-term.
Read More »Climate Commitments Needed to Head off Threats of Volatility and Instability
There is a concern that divestment from the industry will lead to critical resources not being developed.
Read More »India`s Oil Demand Growth Set to Overtake China by mid-2020s
China’s demand growth is likely to be slightly lower than that of India by the mid-2020s.
Read More »African and South American Sustainability Leaps and Bounds Ahead of EU
The report notes while many EU countries are struggling to reach their 32% renewable energy usage target by 2030. nations such as Paraguay and the Democratic Republic of the Congo are already producing 100% renewable energy.
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