Business
Oil and Gas News
India, donor countries abandon energy transition partnership
INDIA will not proceed with the Just Energy Transition Partnership (JETP) initially discussed with donor countries like the US and Germany, aimed at aiding its transition from fossil fuels, particularly coal.
1 min |
December 2024
Oil and Gas News
Aramco, Rongsheng in deal for Sasref expansion
SAUDI oil giant Aramco has anSA nounced that it has, along with its key affiliate Saudi Aramco Jubail ReCompany finery (Sasref) signed a development framework agreement with Chinese group Rongsheng Petrochemical at a special event in Beijing that paves the way for expansion of a vital Sasref faclity in Jubail.
1 min |
December 2024
Oil and Gas News
Adnoc launches work on low-carbon Ruwais LNG
ADNOC, the Abu Dhabi National Oil Company, has announced the launch of its low-carbon Ruwais liquefied natural gas (LNG) project in the AI Dhafra Region.
1 min |
December 2024
Oil and Gas News
ITA expands decarbonisation efforts in Bahrain, UAE
THE Industrial Transition Accelerator (ITA) has announced partnerships with the governments of the UAE and Bahrain to expand its efforts in industrial decarbonisation across the Middle East and North Africa (Mena) region.
1 min |
December 2024
Oil and Gas News
Adipec facilitates over $10bn deals
MORE than $10 billion in deals were facilitated at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) 2024, underscoring its significance in the energy sector.
2 min |
December 2024
Oil and Gas News
Africa MDBs need 2.4pc for methane funding
A study by AfriCatalyst on the role of multiAn lateral development banks (MDBs) in supporting methane reduction initiatives in Africa reveals that MDBs would need to allocate just 2.4 per cent of their assets to meet the $48 billion annual funding requirement for reducing methane emissions by 2030.
1 min |
December 2024
Oil and Gas News
Ghana positions itself as Africa's LNG hub
GHANA has emerged as -a globally competitive oil and gas market due to policy reforms and regulatory changes.
1 min |
December 2024
Oil and Gas News
CMAG to unlock Africa's critical minerals potential
THE Critical Minerals Africa Group (CMAG) has been launched by global leaders in the critical minerals industry to unlock Africa's full potential in the critical minerals sector.
1 min |
December 2024
Oil and Gas News
Africa has 45pc global clean energy potential
IN a speech at the 29th Conference of the Parties (COP 29), Dr Akinwumi Adesina, President and Chairman of the Boards of Directors of the African Development Bank Group, highlighted Africa's vast natural capital.
1 min |
December 2024
Oil and Gas News
Achieving cyber resilience in the oil and gas industry
The rising threat of cyberattacks and data breaches requires industry operators to implement comprehensive, long-term strategies using all available technologies, with focus on system lifecycle and supply chain management, Steven Kenny tells OGN
4 min |
December 2024
Oil and Gas News
Italian firms to remain aligned with UAE's energy goals
Italian companies are at the forefront of sustainable innovation in the energy sector, and we see a clear alignment between Italy's approach and the UAE's sustainability goals, Valerio Soldani tells OGN
5 min |
December 2024
Oil and Gas News
Thermal energy impacts finance, sustainability
UNLEASHING the green power of geothermal energy is a dream rapidly coming true thanks to its promise to deliver on-demand power and heat 24/7.
2 min |
December 2024
Oil and Gas News
GEODE bridging gap between oil & gas and geothermal
Collaboration between oil and gas, and geothermal industries is essential for meeting clean energy demands, with GEODE accelerating geothermal technology development to become a key component of the future energy landscape, Karine Kleinhaus tells OGN
3 min |
December 2024
Oil and Gas News
Carbon capture tech critical to boost Mideast climate action
Carbon capture solutions could be a key factor for climate action efforts and could significantly contribute to the Middle East's decarbonisation goals and help fast-track progress, Matt Spalding tells OGN
3 min |
December 2024
Oil and Gas News
Oil States launches world-first low impact workover package
The LIWP is specifically engineered to empower operators to safely and cost-effectively plug and abandon aging subsea wells while minimising wellhead loads and streamlining operations
1 min |
December 2024
Oil and Gas News
Midland methane leaks dubbed 'super emitters'
The detection of more than 50 methane leaks in the region underscores the environmental challenges that come with large-scale production, says Momentick
3 min |
December 2024
Oil and Gas News
A new chapter in the GCC for gas analytical market
The joint venture combines Kanoo Energy's in-depth regional knowledge with Adage Automation's technological expertise to make significant contributions to the gas analytics sector
2 min |
December 2024
Oil and Gas News
KSA sets benchmark for sustainability in Mideast
Through strategic investments, innovative technologies, and a focus on green infrastructure, the Kingdom is building a future that is both economically diversified and environmentally sustainable, says a report
5 min |
December 2024
Oil and Gas News
Pioneering sustainable fertiliser transition
Stamicarbon is developing new technologies to address global food demand by enhancing agricultural productivity and reducing environmental impact, focusing on fossil-free feedstock alternatives in the nitrogen fertiliser industry, Deepak Shetty tells OGN
5 min |
December 2024
Oil and Gas News
MEA renewable energy growth drives demand for grid flexibility
As renewable energy capacity grows, the region will require significant upgrades to existing energy infrastructure to ensure reliability, stability, and resilience in the face of new energy needs
5 min |
December 2024
Oil and Gas News
CCS makes notable progress but frameworks still lacking
A comprehensive policy approach, including incentives and stronger regulatory frameworks, is essential to overcome challenges and accelerate CCS deployment, says a global report
5 min |
December 2024
Oil and Gas News
Sulzer Chemtech advances CC, efficiency technologies
Sulzer Chemtech leads in mass transfer solutions to reduce CO2 emissions, improve energy efficiency, and drive innovation in sustainable energy solutions across various industrial sectors, Dr Rafic Traboulssi tells OGN
4 min |
December 2024
Oil and Gas News
First Biennial Transparency Reports a milestone
COP29 has marked a significant milestone in global climate transparency with the first submissions of Biennial Transparency Reports (BTRS) under the Paris Agreement.
2 min |
December 2024
Oil and Gas News
Carbon markets deal ray of hope amidst complexities
A landmark deal was reached by leaders at COP29 on carbon credit trading, establishing new rules for how countries can trade emissions reductions and create funding opportunities to combat climate change.
3 min |
December 2024
Oil and Gas News
KEY CLIMATE ACHIEVEMENTS AMID GLOBAL CHALLENGES
COP29 makes strides on carbon markets, transparency, and adaptation, though climate funding, the centrepiece of agreements that deliver progress across all climate pillars, remains a major hurdle
4 min |
December 2024
Oil and Gas News
Arab Group stood by fossil fuel at summit
EVEN before the final declaration in Baku, the 22-member Arab Group had made it clear it won't accept any text at COP29 that pushed for transitioning away from fossil fuel, media reports said.
1 min |
December 2024
Oil and Gas News
COP29: RICH FAIL TO WALK THE TALK ON CLIMATE FUNDS
At the close of the 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, the world's negotiators failed to meet the expectations of developing nations, leaving many disappointed over the commitment made by developed countries towards climate finance.
2 min |
December 2024
Oil and Gas News
Ocean light pollution has been invisible for too long
Scientists increasingly understand the damage done by artificial light and action is needed now, says Thomas Davies of the Global Ocean Artificial Light at Night Network
4 min |
November 2024
Oil and Gas News
NSK tapered roller bearings selected for wind turbines
EUROPEAN wind turbine manufacturer NSK is set to use high-load-capacity tapered roller bearings in its 15 MW class offshore wind turbines.
1 min |
November 2024
Oil and Gas News
Syensqo launches extrudable PPS for sustainable piping
SYENSQO has introduced Ryton PPS XE-5000NA, the first grade of an innovative extrudable polyphenylene sulfide (PPS) technology.
1 min |