Onward, backed by Shell, pledges to drive global energy innovation. Is it a step towards sustainability or a clever greenwash?
energy transition
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The US oilfield services sector is bracing for more job losses as natural gas prices plummet to their lowest level in more than three years. According to data from the…
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Oil prices remained steady on Monday, as the impact of rising geopolitical tensions in the Middle East was offset by signs of weakening demand in the global market. The conflict…
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The Labour leader tries to reassure workers in the North Sea sector but faces criticism from the SNP. The fate of the oil and gas industry in Scotland has become…
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The US oil industry saw a boom in upstream deals in 2023, with nearly $200 billion worth of mergers and acquisitions. But the refining sector was left out of the…
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As renewable energy gains momentum, oil companies are shedding costly assets and focusing on low-cost projects that can survive price swings. The oil industry is facing a year of big…
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Oil and gas giants are paying out more money than ever to shareholders, but that’s not enough to restore their appeal in a world shifting to cleaner energy sources. The…
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The US oil industry is facing a slowdown in production growth in 2024, according to a report by the US Energy Information Administration (EIA). The EIA predicts that US crude…
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Mining Indaba 2024 gears up to tackle justice in the energy transition, spotlighting Africa’s pivotal role in the global shift to cleaner energy.
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The global market for liquefied natural gas (LNG) is expected to remain tight until 2026, as demand outstrips supply amid the transition to cleaner energy sources, according to the Gas…