Investments in solar and wind energy projects by the world’s oil majors over the next 5 years are expected to reach USD 17.5 billion, a Rystad Energy analysis finds. But a closer look at the […]
Energy companies have been slashing exploration and production budgets since the COVID-19 pandemic took hold and sent oil prices tumbling, but, with few profitable investment alternatives, operators are now likely to increase spending in decommissioning […]
We often forget how vital the chemical industry is to our well-being, safety and daily lives. The stigma around the issue of plastics waste in the environment often overshadows the progress the industry has made […]
Equinor, Shell and Total have decided to invest in the Northern Lights project in Norway’s first exploitation licence for CO2 storage on the Norwegian Continental Shelf. Plans for development and operation have been handed over […]
Shell Gas B.V., a subsidiary of Royal Dutch Shell plc, has announced that all conditions for its final investment decision (FID) on a new LNG processing unit at Nigeria LNG (NLNG) have now been met. […]
The impact of the coronavirus lockdowns on the oil, gas and chemicals industries’ integrated value chains is radically shifting relationships and profitability. It is also making planning virtually impossible, as BASF suggested last week. The […]
Shell Australia (Shell) has taken a final investment decision to develop the first phase of Arrow Energy’s Surat Gas Project in Queensland, Australia. This decision will bring up to 90 billion cubic feet per year […]
The COVID-19 epidemic and the ongoing oil price war have ravaged global energy markets during the last 2 months, and offshore drilling in particular is among the most affected industry segments. A Rystad Energy impact […]
Global capital expenditure (capex) for exploration and production firms (E&Ps) is expected to drop by up to USD 100 billion this year, about 17% versus 2019 levels, under Rystad Energy’s updated base case scenario of […]
Entries are now open for an awards event that will champion diversity and inclusion successes in Scotland. AFBE-UK Scotland, a social enterprise which encourages people from under-represented groups to pursue a career in the science, […]
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