Neptune Energy to spend US$1 billion to support UK energy security
The company has announced it will spend more than US$1 billion over the next five years securing energy supplies for the UK and speeding the transition to net zero.
The company has announced it will spend more than US$1 billion over the next five years securing energy supplies for the UK and speeding the transition to net zero.
The first issue of our new publication, Global Hydrogen Review, is out now!
New geopolitical risk measure designed to gauge oil market sentiment and understand price beyond fundamental forecasts.
Shell has published its Energy Transition Progress Report 2021 detailing the company’s progress over the past year. This report will be put to shareholders for an advisory vote at the Annual General Meeting on 24 May 2022.
Are you a trailblazing business with a game changing idea? The Net Zero Technology Centre's 2022 Open Innovation Programme is now open, targeting and funding technologies to enable the energy transition.
Global oil demand is expected to reduce as a result of slowing economic activity and GDP growth cuts.
Surging oil, gas and power prices, the EU’s goals of becoming less dependent on Russian supplies, and post-Covid-19 pandemic inflation will catapult global energy spending this year.
A Wood Mackenzie report examines the levers the North Sea can pull to increase production and argues indigenous oil and gas still has a major role to play.
Neptune Energy will donate US$2 million, to be shared equally between emergency appeals by the International Committee of the Red Cross and the International Rescue Committee.
A total of 74 billion-dollar deals were undertaken in the oil and gas industry last year, compared to only 40 in 2020, says GlobalData.
Wood Mackenzie has released a report that discusses the uncertainties and issues impacting global demand, oil supply and refining markets this year.
In the second year of a COVID-influenced market, US upstream M&A rose 25% year-over-year to reach US$66 billion.
Upstream oil investments are projected to rise from US$287 billion in 2021 to US$307 billion this year, a 7% increase, while midstream and downstream investments will fall by 6.7% to US$172 billion this year, according to Rystad Energy.
GlobalData’s analysis of oil product flows suggests that when kerosene is excluded, oil product demand in 3Q21 had fully recovered — compared to the same period in 2019.
The most significant contributors to this steep decline were the Bakken and Permian plays, which saw reduced flaring of around 50 million ft3/d each in September.