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Oil and gas companies at pivotal moment in energy transition, says IEA
The oil and gas sector – which provides more than half of global energy supply and employs nearly 12 million workers worldwide – has been a marginal force at best in transitioning to a clean energy system, according to a recent report from the International Energy Agency. They account for just 1 percent of clean energy investment globally – and 60 percent of that comes from just four companies.
Empire Wind gets green light
After a tricky year for US offshore wind energy project with various large-scale developments being cancelled, a positive note was struck with the Empire Wind project, located offshore New York, getting the green light.
North Sea decommissioning a GBP20 billion opportunity
Oil and gas decommissioning has been a common feature of this publication for many years, although there has often been uncertainty around the size of the market, and the timeline as to when work will arise. Offshore Energies UK (OEUK) has put a figure on the market the North Sea ...