The environment

Producers must choose between contributing to a deepening climate crisis, or becoming part of the solution by embracing the shift to clean energy, an IEA special report says.

Analysis from McKinsey & Company’s 2023 Global Energy Perspective shows that tackling energy transition technology bottlenecks with substitute materials, innovation, infrastructure build out and regulation will be crucial to achieving net zero targets.

According to new analysis by the Boston Consulting Group (BCG), closing the US$18 trillion gap to fund the green energy transition through 2030 is being slowed by negative investment conditions.

ADNOC and Santos have announced the signing of a strategic collaboration agreement to work towards the establishment of a global carbon management platform.

LyondellBasell has made the Final Investment Decision (FID) to build the company's first industrial-scale catalytic advanced recycling demonstration plant at its Wesseling, Germany, site.

XRG Technologies and BayoTech have announced a new partnership to design and build a proprietary high performance reforming furnace.

Technip Energies has held its first 'External Innovation Challenge' on net zero maritime shipping solutions, with the support of Elemental Excelerator.

A new report by the Energy Transitions Commission (ETC) says that use of coal, oil and gas must be reduced dramatically by 2050, with reductions starting now.

Air Liquide and ENEOS Corp. have signed a Memorandum of Understanding (MoU) to collaborate on accelerating the development of low-carbon hydrogen in Japan.

Oxy Oman and OQ Gas Networks SAOC (OQGN) have signed a Memorandum of Understanding (MoU) to jointly study potential carbon capture, utilisation, and sequestration (CCUS) projects in Oman.

MAN Energy Solutions has awarded Aker Carbon Capture a feasibility study to develop a joint power-to fuel-solution.

Rolls-Royce has announced that it has successfully completed compatibility testing of 100% sustainable aviation fuel (SAF) on all its in-production civil aero engine types.

Scania West Africa, TotalEnergies Marketing Côte d'Ivoire, ANADER and LA SIR have inaugurated a biodiesel pilot in Abidjan, the capital city of Côte d'Ivoire.

Liquid Wind has strengthened its partnership with pan-European decarbonisation leaders to include plans of developing and marketing 10 additional eMethanol facilities in the Nordics by 2027.

Aspen Technology, Inc. has announced a newly expanded relationship with OMV Group to help accelerate the international integrated oil and gas company's energy transition initiatives.