CCUS pipeline picture is mixed, analysis shows
More than half of announced carbon capture, utilisation and storage (CCUS) projects worldwide have yet to move beyond the early planning stages, raising questions about the true commercial potential of…
Guyana Should Hedge Against Oil Price Slumps, Ex Finance Minister Says
Guyana’s government should consider hedging its oil production against the falling oil prices as its booming oil revenues are set to decline with the slump in oil prices, former Guyanese…
Shale Major Sees U.S. Oil Production Peaking
Onshore crude oil production in the United States has peaked, Diamondback Energy has said, expecting output to start declining later this year unless prices reverse course. At the release of…
Trump: Low Oil Prices Put U.S. In Good Negotiating Position With Russia
US President Donald Trump may have just said the quiet part out loud, answering analyst questions about the motivation behind OPEC’s decision to unwind its production cuts more than anticipated…
Bosnia plans its energy transition with World Bank support
The World Bank has approved a €79.9m loan and €2.89m grant to support Bosnia and Herzegovina’s National Energy and Climate Plan, which is designed to improve energy independence and drive…
North America Loses Rigs for 9 Straight Weeks
North America dropped 11 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on May 2. The U.S. dropped a total of…
Video | “The issue with regulations is for people to understand that they exist”
James Watt, Hydrogen and Carbon Capture Consultant at WSP, discusses if regulations and standards are one of the key barriers facing hydrogen and ammonia transportation, on gasworld’s Hydrogen & Ammonia:…
Higher headcount at Air Products ‘led to cost overruns and project delays’
Air Products has talked more about the extra recruits it hired from 2018, principally to drive forward its hydrogen projects, several of which it has now . Newly installed CEO…
Golar LNG commits to ‘largest’ FLNG vessel in Argentina
Maritime LNG infrastructure company Golar LNG has reached final investment decision on the 20-year redeployment charter of the floating liquefied natural gas (FLNG) platform Hilli Episeyo, in Argentina. The vessel,…
Mission Zero opens UK’s first building materials plant with DAC
UK-based climate tech company Mission Zero Technologies (MZT) has opened a direct air capture (DAC) plant in Norfolk, in the east of England, integrating captured carbon dioxide into a limestone…
