Oil & Gas
Oil & Gas
Fossil Fuel Focus Amid Green Shift Causes Dilemma For The UK
In spite of their commitment to achieving net-zero targets, the UK government, led by Prime Minister Rishi Sunak, has given the green light to significant oil and gas extraction projects in the North Sea. The contentious Rosebank development is...
Oil & Gas
Climate Advocates Slam Offshore Lease Strategy By Joe Biden
The Biden administration has recently unveiled a plan to sell up to three offshore oil and gas leases over the next five years, drawing criticism from climate advocates. The plan, which is set to govern potential sales through late...
Oil & Gas
Saudi Arabia Is Considering Early Oil Production Easing
Rapidan Energy Group suggests that Saudi Arabia might start reducing its production cuts earlier than many oil market participants anticipate. The top global crude oil exporter is cautious about the risk of causing demand destruction due to excessively high...
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...
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