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Oil and gas firms are increasingly committing to emissions-reduction goals, but their scope and methodologies vary. How can the industry set standardised, meaningful targets that support the energy transition and enable investors to assess risk?
Last month, we hosted our annual Global Energy Summit. The Asia Pacific session welcomed a range of senior industry leaders from across the energy and natural resources sectors to debate our topic of Net Zero and the Future of Energy.
Rising gasoline prices have become an economic problem for the US, adding to concerns about inflation, and a political problem for President Joe Biden. The administration has been trying different ways to bring them down, without much success.
India's national oil company ONGC has just unveiled its 2040 strategy. Get our latest analysis.
Commercial structures are evolving as the second wave takes shape, changing the balance of risk and reward for project developers, suppliers and offtakers.
Much has been discussed on the implications of the Glasgow Climate Pact for the global economy and energy markets. And while measurable progress has been made in each field, there is no denying much work remains to be done.
Inside look at how solar industry leaders are navigating policy chaos while demand for clean energy soars to unprecedented levels
Continental Resources has entered the Permian Basin by buying Pioneer Natural Resources’ Delaware Basin assets for US$3.25 billion in cash.
The oil market is in a state of flux. Prices have fallen dramatically, and demand has taken a hit as measures are introduced across the globe to combat the spread of coronavirus. Saudi Arabia and Russia’s competition for market share has only exacerbated weak demand.
In this episode of our Asia-Pacific energy podcast, we discuss this weekend's OPEC agreement.
The great LNG pushback has started and US supply is out of money. What does this mean for Asian buyers?
Does LNG stand to benefit? What would it mean for Japan’s emissions?
Currently, US tight oil meets 10% of global demand. Find out how a slow recovery would impact the global oil market, and what it would mean for OPEC and non-OPEC producers.
LNG ranks among the most emission-intensive resource themes across the oil and gas sector.
Operators are under growing pressure to optimise portfolios. What are the forces having the biggest impact on decision-making?
£16 billion will be spent on offshore decommissioning in the coming decade – how can costs be planned and managed effectively?
In re-launching the ‘Clean Plate’ campaign in August last year, President Xi Jinping urged all of China to “maintain a sense of crisis about food security”. This is of course an important message in and of itself, given the huge amounts of energy, water and land involved in food production in China.
The past year has undoubtedly been the most dramatic in the history of the global LNG industry. Demand buffeted by lockdowns and recession, liquefaction shut-in, pre-FID supply projects delayed and spot LNG prices crashing to all-time lows before going into orbit.
Carbon capture, utilisation and storage (CCUS) could be a critical step on the Majors’ decarbonisation journey. What role could this technology play, and can it scale at the pace required to support Paris Agreement targets?
With COP26 rapidly approaching, China’s special envoy on climate change, Xie Zhenhua, recently announced that Beijing would release more details of its climate strategy “very soon”. The clock is ticking.
The outcomes of COP26 will be a reality check for gas, providing clarity about a key question for the industry: does the world acknowledge the role of gas as a transition fuel?
Lukoil recently announced the US$2.25 billion acquisition of Petronas' 15.5% stake in the giant BP-operated Shah Deniz gas-condensate field, offshore Azerbaijan.
The UK's North Sea Transition Deal has focused attention on platform electrification. Can the UK replicate Norway's past success and emissions savings?
With peak oil demand on the horizon, diversifying the product mix will be crucial for refiners. Cutting emissions intensity could also give refinery sites a crucial competitive edge.
The refining industry accounts for only 3% of global energy sector emissions. But carbon tax on refinery carbon emissions can have a material impact on profitability, as it will be difficult to pass on carbon costs to consumers through higher product prices.
Despite ongoing pandemic restrictions, sky-high spot prices and rising competition from renewables, the region’s gas consumption will grow at almost 3% a year over the next decade.
China’s relentless battle against Covid-19 continues, with the country’s ‘dynamic clearing’ policy requiring all local governments to implement strict containment measures as soon as local cases climb into double figures.
Until recently, Asia was the premium market for LNG. But dynamics have changed dramatically, and Asia has become the new swing market.
The decision provoked some anger in the US. But the actual production cut is smaller than the headlines imply, and is coming as global demand for oil is faltering.
Europe is in the grip of an energy crisis. Piped gas imports from Russia are 80% down on last year, sending prices through the roof. Unfortunately, quick fixes are in short supply.
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