energy transition

$80 billion ‘powerhouse’ makes its entrance on energy stage with gas, low-carbon tools, and chemicals in mind

ADNOC has unveiled XRG, a low-carbon energy, natural gas, and chemicals investment company with an enterprise value of over $80 billion, which is envisioned to power the world with lower-emission energy to enable a more sustainable energy future.
The p…

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Powering oil & gas production with renewables and low-carbon energy: Electrification brings emission cuts of 80%

While the energy transition toolbox is filled with decarbonization tools, electrification seems to be the jewel in its crown, based on research conducted by Rystad Energy, which points out that applying this method to upstream operations has the potent…

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Renewed focus on energy security prompts nearly $2 trillion investment in clean energy since 2020, IEA finds

The International Energy Agency (IEA) has published its first report exploring the evolution of the global energy policy landscape over the last 12 months by providing an overview of policies, legislation, spending, and general progress countries and s…

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