Shell will today present to investors at its Capital Markets Day 2025 the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification. ‘’We have made significant progress against all of the targets we set out at our Capital Markets […]
UK government has (Wednesday 5 March) launched a consultation that will put the North Sea – its communities, workers, businesses and supply chains – at the heart of Britain’s clean energy future to drive economic growth and deliver the Plan for Change. This will support private investment into the technologies that will deliver the next […]
In a key step towards advancing methane transparency in Africa, NNPC Limited, Nigeria’s national energy company, has officially joined the Oil and Gas Methane Partnership (OGMP) 2.0. This milestone aligns with the company’s sustainability-focused strategy and its target of achieving net zero methane intensity by 2030. “As a leading National Oil Company (NOC), NNPC Limited […]
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) hosted a delegation from the U.S. Department of State’s Bureau of Energy Resources and Deloitte to deepen collaboration on methane abatement, decarbonisation, and emissions management in Nigeria’s upstream operations. During the meeting, the Commission Chief Executive, NUPRC, Engr. Gbenga Komolafe emphasized the long-standing partnership between Nigeria and the […]
Baker Hughes, an energy technology company, and SOCAR announced the signing of a contract for an integrated gas recovery and hydrogen sulfide (H2S) removal system that will significantly reduce downstream flaring at SOCAR’s Heydar Aliyev Oil Refinery in Baku, Azerbaijan. The contract was signed at COP29 in Baku, in the presence of Baker Hughes Chairman and CEO Lorenzo Simonelli and SOCAR President Rovshan Najaf. Building on […]
The European Bank for Reconstruction and Development (EBRD) will take part in the 2024 United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, affirming its role as a leader in financing climate action and mobilising private sector finance across its economies. In 2023 alone, the Bank provided over €6.5 billion in green financing, 50 per […]
Eni and the government agency Japan Organization for Metals and Energy Security (JOGMEC) have signed a Memorandum of Cooperation. The MoC aims to collaborate in the gas and LNG field to increase diversification of supply sources. The Memorandum aims to promote the role of gas and LNG in the energy transition pathway, emphasizing the importance […]
Woodside has completed the acquisition of 100% of OCI Clean Ammonia Holding B.V., which holds its lower carbon ammonia project in Texas (Project), from OCI N.V. (together with its affiliates, OCI). The completion follows Woodside’s announcement on 5 August 2024 that it had agreed to acquire OCI’s 1.1 Mtpa Clean Ammonia Project. Following start up […]
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is strengthening its partnership with USAID Power Africa to advance energy transition and environmental decarbonization efforts. The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Engr. Gbenga Komolafe, welcomed a delegation from USAID Power Africa to the NUPRC headquarters in Jabi, Abuja. During the high-level meeting, Engr. […]
Carbon capture, utilisation and storage (CCUS) will be critical to delivering net zero, providing the means for essential hard-to-abate sectors to decarbonise rapidly. So, what’s the outlook for this essential technology over the next decade, and what regulation and policy support is being put in place to make it happen? Drawing on insight from Lens Carbon, […]
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