Oil & Gas
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...
News & Press Releases
5G Networks Reshaping Oil, Gas Operations In Asia Pacific
The 5G networks’ foray has been positively affecting numerous industries across the globe, and oil and gas sector in Asia Pacific is indeed no exception. The digital divide, which is basically the gap between those having access to modern...
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