PSA oxygen plant opens in Nigeria
A new Pressure Swing Adsorption (PSA) oxygen plant with capacity to produce 135 oxygen cylinders per day has opened in Bauchi State, north-east Nigeria. Funded by Canada and IHS, the…
UK East Coast Cluster CCS projects receive go ahead
Costain, bp and Equinor have received confirmation to proceed to the execution phase for two East Coast Cluster projects on Teesside. Construction is expected to commence from mid-2025, with start-up…
Heritage Foundation, BCG Talk to Rigzone About OPEC+ Meeting
Last week, the OPEC+ group held its latest meeting and decided to extend a raft of production cuts, OPEC’s website highlighted. In an oil market update focusing on the OPEC+…
Europe’s first major CO2 storage facility reaches FID
Greensand Future, billed as Europe’s first operational CO2 storage facility, has reached final investment decision (FID). It paves the way for expected investments of more than $150m across the Greensand…
Air Liquide secures €110m for renewable hydrogen project in Antwerp
Air Liquide has secured a €110m ($116m) grant from the European Innovation Fund to support its ENHANCE project, an initiative aimed at producing and distributing low-carbon and renewable hydrogen from…
Nuada and Carbfix join forces for end-to-end CCS advancements
European carbon capture specialists Nuada and Carbfix have joined forces to develop integrated carbon capture and storage (CCS) solutions for industrial emitters. Under the terms of a signed Memorandum of…
BP Merges Offshore Wind Business in $5.8 Billion Joint Venture With JERA
BP has decided to merge all its offshore wind business into a new joint venture with Japan’s energy firm JERA, to which the companies will provide up to $5.8 billion……
Kuwait’s Oil Firm Looks to Boost Indonesia Offshore Exploration
Kuwait Foreign Petroleum Exploration Company (KUFPEC) plans to bid for more oil and gas blocks offshore Indonesia and explore for hydrocarbons in the Natuna Sea, the top executive of Kuwait’s……
Equinor Exits Nigeria and Azerbaijan With $2 Billion of Asset Sales
Equinor has exited the upstream business in Nigeria and Azerbaijan after completing oil and gas asset sales of $2 billion, the Norwegian energy major said on Monday. Equinor will…
Nuclear Power Wouldn’t Be a Cost-Effective Solution for Australia
The possibility of Australia using nuclear power for the first time would not have any advantages over other technologies, as similar costs savings could be achieved with renewables even if……
