Energy News

Sinopec reveals forecasts on global and Chinese energy trends

China Petroleum & Chemical Corporation (Sinopec) revealed significant long-term forecasts on global and Chinese energy trends. Sinopec predicts global primary energy consumption will peak at...

EIA review of crude oil and natural gas industry for Q3 2024

The U.S. Energy Information Administration (EIA) has published its Financial Review of the Global Crude Oil and Natural Gas Industry: Third-Quarter 2024, revealing key...

BP and XRG launch Arcius Energy boosting natural gas development

BP and XRG announced today the financial close and formal launch of their joint venture, Arcius Energy, an international natural gas platform aimed at...

OPEC cuts 2024 oil demand growth forecast amid China’s slowdown

The Organization of the Petroleum Exporting Countries (OPEC) has reduced its 2024 global oil demand growth forecast for the fifth consecutive month, citing weaker-than-expected...

Clean energy news from Quaise Energy, SLB Capturi and Nel ASA

Here's the latest update from clean energy sector Quaise Energy and Nevada Gold Mines partner on deep geothermal pilot plant  Quaise Energy, a provider of...

Green Hydrogen to become cost-competitive by 2030

Green hydrogen, a key solution for decarbonizing hard-to-abate industries, is set to become cost-competitive by 2030, according to ABI Research. Production costs, or Levelized Cost...

Water News: AECOM-Jacobs, Aquaria, OceanWell

AECOM-Jacobs, Aquaria, OceanWell, among others, announced their latest technology contract news with their customers or channel patners. AECOM-Jacobs JV to provide engineering services AECOM, a provider of infrastructure...

BP reveals $7 bn investment in Tangguh UCC Project in Indonesia

BP, along with its Tangguh production sharing contract partners, has made investment decision on the $7 billion Tangguh Ubadari CCUS Compression (UCC) project in...