Oil & Gas
News & Press Releases
Indian Oil Corporation seals joint venture with EverEnviro to set up Biogas plants
Indian Oil Corporation Limited, a prominent leader in India’s oil refining and petroleum marketing sector, has made a significant announcement regarding the company’s move towards sustainable energy.
Today, the company’s board approved the formation of two 50:50 joint venture companies...
News & Press Releases
AI-Powered Supply Chain Management In Oil And Gas Sector
By the year 2028, the utilization of artificial intelligence (AI) in the oil and gas industry is projected to reach a market value of $4.21 billion, with a steady compound annual growth rate (CAGR) of 12.09%. AI's capacity to...
News & Press Releases
Fuel Cells: Advancing Green Transport And Energy Solutions
According to insights, the global fuel cell market is anticipated to grow at an annual growth rate (CAGR) of 26.0% from 2017 to 2027, reaching a market value of $9.1 billion. The growing concern about greenhouse gas emissions caused...
News & Press Releases
US Energy Companies Push For Broader Hydrogen Incentives
Several US energy firms have initiated a campaign to influence the US Government into broadening its tax incentives within the hydrogen sector. Presently, financial benefits are granted to green hydrogen producers as part of President Biden's Inflation Reduction Act...
News & Press Releases
Germany – EU Subsidy Talks For Hydrogen Power Plant Plans
Germany has announced progress in its discussions with the European Commission about the creation of a subsidy system for hydrogen-based power plants. The German government aims to initiate a competitive process for the construction of 8.8GW of new hydrogen-powered...
News & Press Releases
UK Oil & Gas Licensing Round Faces The Ire of Activists
The launch by the UK of its 33rd offshore oil and gas licencing round so as to strengthen the country’s energy security to fight the backdrop of global energy woes that are pushed by the crisis in Ukraine has...
News & Press Releases
With 18 Oil, Gas Projects In Works, Qatar To Up LNG Exports
Since Qatar has around 18 projects that are under development throughout the oil and gas sectors, with an anticipated CAPEX of almost $60 billion, the Persian Gulf state's energy sector is all set for further growth, thereby solidifying the...
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