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The environment

 

BP releases its Energy Outlook 2023

This year’s BP Energy Outlook explores the key trends and uncertainties surrounding the energy transition out to 2050.

 

Imperial to invest in renewable diesel facility

Imperial has announced that it will be investing approximately CAN$720 million to move forward with construction of the largest renewable diesel facility in Canada.

 
 
 

OGCI Climate Investments invests in CL-Invest

OGCI Climate Investments has invested in CL-Invest, a company developing projects that reduce methane and flare emissions from existing oil and gas infrastructure.

 
 

OGCI Climate Investments continues to back Svante

OGCI Climate Investments, a specialist investor focused on capital-efficient decarbonisation solutions, has made an additional investment in Svante, the developer of modular, scalable carbon capture and removal technology.

 
 
 

Babcock & Wilcox to support carbon capture project

Babcock & Wilcox has been awarded a contract by Phillips 66 Ltd to design a flue gas pre-treatment technology upstream from a planned carbon dioxide capture system on the Phillips 66 Ltd Humber Refinery.

 
 

Sinopec releases energy outlook for China

Sinopec has officially published the 'China Energy Outlook 2060' which will support the scientific planning of transformation and development of China’s energy and chemical industries.

 

ADNOC allocates large sum to low-carbon solutions

ADNOC has earmarked US$15 billion for decarbonisation projects including carbon capture, electrification, CO2 absorption technology, and enhanced investments in hydrogen and renewables.