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Refinery capacity is expected to continue growing in the medium term, but the pace of growth is expected to slow down considerably. Capacity additions are mainly from crude-to-chemicals projects, which aim to maximise naphtha production to meet the increasing petrochemical feedstock demand.
The UK is home to around 35% of the world’s installed offshore wind capacity. Technology evolution will be vital to maintain the growth of the sector.
Emerging regulations and mandatory reporting requirements are pushing the oil and gas industry to address the long-overlooked challenge of Scope 3 emissions.
New regulations are in play, and costs are rising across the sector. Find out how global trends are playing out
Tesla is working on an affordable electric car which could transform the market
A better understanding of carbon capture, utilisation and storage (CCUS) costs is needed before the technology can become a commercial reality on a truly global scale.
Capex cuts, deferred projects and new partnerships are a feature of the new industry landscape as chemicals companies adapt to the effects of Covid-19.
A volatile year ahead for the aluminium market.
We welcome back Jigar Shah, the Director of the Department of Energy’s Loan Programs Office. With a front-row seat to the energy transition, Jigar discusses the office's role in advancing clean energy projects and bridging the gap between R&D and large-scale deployment. Hear about the progress made so far and the future goals, including meeting the increased demand for electricity driven by data centers, AI, new factories and electric vehicles.
Our latest quarterly global solar PV forecast has seen a 5% upgrade, projecting over 3 TWdc of new solar PV installations between 2023 and 2032
In an energy hungry world beset by growing trade tensions and shifting energy policy, volatility creates opportunity for commodity traders who can stay one step ahead of market shifts. So, what are the opportunities and challenges set to shape crude and refined product markets as 2025 progresses?
Corporate power purchase agreements for renewables are setting new records in 2023 as costs fall and green energy takes off
Australia’s coal exporters have staged a recovery after volumes to China plummeted.
The growing trend of integrated refinery-chemical facilities is intensifying. Standalone oil refineries, focused only on fuel, are looking increasingly outdated as the energy transition takes hold.
2022 could see rising carbon prices, greater distributed solar capacity, tighter supply chains for renewable energy and a double-digit market share for EVs.
The most-watched US crude futures fell below zero on Monday, in a sign of the extreme conditions facing the industry
Cost efficiency is the key. Longer-term, around US$400 billion is required annually in real terms. Resource-holding NOC's share of global spend is increasing and energy transition risks are growing.
Continued restrictions on mobility reverberate through to demand for transportation fuels in Asia Pacific.
How can refiners assess the potential ROI of increased petrochemical integration? We explore how S-Oil’s plans to add steam cracking to its Onsan site will affect its competitive position.
Abundant natural resources point to immense opportunities for battery storage and hydrogen in Australia – policy support will play a vital role.
With LNG projects among the most emission-intense assets in the oil and gas sector, many companies are now actively working to lower the carbon intensity of their LNG portfolio.
Grid forming BESS technology emerges as essential grid stabiliser as renewable energy capacity surges toward US $5 trillion in global additions over the next decade
Demand for oil, gas and power is recovering in China, but falling sharply in the rest of the world. The coronavirus pandemic has already had a profound impact on energy, with oil prices plunging and companies taking an axe to their capital spending plans. But the implications of the crisis are only just starting to emerge.
While financial incentives are driving the switch to electric vehicles (EV) and precipitating a boom in EV sales, the result is a drastic demand for batteries and raw materials (BRMs). But how do countries protect their road transport industries long term? And who’s going to be at the forefront of this?
The Biden administration and key members of Congress are in negotiations over legislation that could include a new fee on methane emissions from US oil and gas facilities. If it passes into law, the fee would have a widely varying impact across regions and across companies.
Textile and apparel reuse strategies will play a role in cutting greenhouse gas emissions – how will that impact virgin fibre demand?
The president has asked refiners to increase output. Effective solutions will be more complex.
Cheap gas and weak power demand have driven coal’s share of US power generation to its lowest since the 19th century. They are also accelerating its long-term downtrend
This year, the UK will host COP26. Countries around the world are aware of their responsibilities to tackle climate change, and many have set targets to cut greenhouse gas emissions.
ESG may have lost its lustre, but the issues haven't gone away.
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