Articles about: "Energy transition"

Energy transition

exxonmobil algae biofuels

ExxonMobil algae biofuel exit does not deter investors

Bill Gates’ Breakthrough Energy Ventures has announced a new investment in a biofuels company, in spite of the ExxonMobil algae biofuel exit late last year But critics say the technology has long featured in oil industry greenwashing campaigns and is far from a commercial reality.

Europe can replace Russian gas

Africa gets low investment in renewable energy finance – study

Africa continues to receive comparatively low investment in renewable energy finance despite the continent’s enormous potential and energy needs, a new report says.

clean economy

Clean economy-focused firms outperform ‘dirty energy’ ones

A new report has found that there is a link between companies that focus on the clean economy, and shareholder returns.

nigeria renewable energy

In Nigeria, renewable energy could satisfy energy needs

In Nigeria, renewable energy would satisfy the nation’s energy needs and power sustainable economic growth, according to a new report.

ukraine war clean energy

Is the Ukraine war a clean energy defining moment?

BP asks in its 2023 energy outlook whether there will be a Ukraine war clean energy shift globally.

green hydrogen Germany

Green hydrogen: Germany joins H2Med but concerns mount

In what could be a significant push for European green hydrogen, Germany has said it will join France, Spain and Portugal in a major new pipeline project.

Renaulution

With Renaulution, car firm steps up decarbonization

Amid soaring energy prices, French car manufacturer Renault has accelerated its Renaulution strategy to move away from gas usage at its sites. Renault follows in the footsteps of industrials who are larger gas consumers. But are more targeted regulatory incentives needed?

climate change in Nigeria

Climate change in Nigeria: the focus of upcoming elections?

As presidential elections draw closer, Gas Outlook delves into the main candidates’ manifestoes to see if climate change in Nigeria is on the agenda.

methane emissions iea

Nigerian gov greenlights oil projects despite COP pledges

The Nigerian president has announced new oil refining and exploration projects despite climate pledges made at COP27.

ukraine war clean energy

Southern Green Hydrogen, possibly world’s largest, advances

Woodside Energy is partnering with Meridian Energy to develop the Southern Green Hydrogen plant, which will be the largest green hydrogen project in New Zealand, and possibly the world.

italy windfall tax

LNG exporter Peru’s crisis slows energy transition

Deepening political and social unrest in Peru, a major LNG exporter, are deepening delays to the country’s energy transition.

spain green hydrogen

Cepsa ploughs $3bn into green hydrogen in Spain

Cepsa said it will invest US$3 billion in Spain in what is set to become Europe’s largest green hydrogen production hub and which industry sources see as a significant step towards establishing the economic viability of this resource.

chile green hydrogen

Green hydrogen sector in Chile demands state action

Chile needs to accelerate legal, regulatory and marketing groundwork for green hydrogen if it hopes to meet ambitious production and export targets, executives in the fledgling industry say.

Qatar LNG

Germany, Qatar LNG deal raises decarbonisation doubts

Qatar is to supply LNG to Germany under a long-term deal which is already being criticised for doing little to address the current energy crisis while protracting the country’s dependence on gas despite decarbonisation goals.

methane emissions iea

China greenhouse gas trajectory key to global energy transition

China has been the world’s main source of greenhouse gas emissions growth over the past two decades, according to a new report by the Centre for Research on Energy and Clean Air.

Norwegian oil and gas

Norwegian oil and gas takes hit as Wisting stalls

Equinor is putting the Wisting oil project on hold amid rising costs, raising questions over the future of similar Norwegian oil and gas projects in the Arctic.

ecopetrol colombia

Ecopetrol eyes “white” hydrogen in Colombia

Hydrogen is a strategic pillar in the energy transition plans of state-controlled Ecopetrol in Colombia and now the firm is exploring the potential of the “white” variety.

ecopetrol

Ecopetrol touts promise of Caribbean for gas, green energy

State-controlled Ecopetrol believes the marriage of gas development and renewable power would help Colombia to meet growing gas demand while shifting more of its power generation to renewable sources.

colombia oil and gas

Colombia braces for oil and gas phase-out decision

The oil and gas industry in Colombia is on tenterhooks as the government decides whether to allow new exploration contracts or not, as it moves away from fossil fuels.

energy charter treaty

Future of Energy Charter Treaty uncertain

A growing number of European countries are looking to quit the Energy Charter Treaty, a controversial international accord that protects energy investments and that environmentalists say is jeopardizing climate transition efforts in member countries, sparking new hopes that the agreement might eventually be shelved.

spain green hydrogen

Switch to renewable energy jobs faces hurdles

Many in the oil and gas industry say there is little help available for experienced workers who wish to pursue renewable energy jobs.

IEA’s World Energy Outlook

Renewable investment must double: IEA’s World Energy Outlook

A massive ramp-up of investments in renewable energy sources to 2030 is crucial to achieve net-zero targets, and avoid a dangerous rekindling of fossil fuels investments in order to ensure energy security, the International Energy Agency (IEA) said in its latest World Energy Outlook.

cop oil and gas

China pledges “steady” emissions goals at CCP party congress

While China’s President Xi Jinping pledged to end planet warming emissions at the Chinese Communist Party (CCP) party congress, he promised to do so at a “slow and steady pace” and opted instead to make energy security the top priority.

Nigeria’s energy transition needs strategic investment: experts

The Nigerian government said its new energy transition plan is a significant pathway to achieving universal energy access by 2030 and a carbon-neutral economy by 2060.

spain green hydrogen

Spanish oil major Repsol frees up cash for green investment

Repsol said the flow of cash will help its strategic goal of investing 35% of its capital expenditure, or 5.5 billion euros, in low carbon projects in the 2021-2025 period.

ecopetrol

Vietnam’s renewables push faces lingering headwinds

A report by the Institute for Energy Economics and Financial Analysis sees renewables leading the way, strengthening Vietnam’s clean power lead in Southeast Asia, a region that’s one of the most vulnerable to climate change.

IEA’s World Energy Outlook

Replacing fossil fuels with clean to save trillions: Oxford study

Completely replacing fossil fuels with clean energy by 2050 would save the world trillions of dollars, according to a new study by Oxford University researchers.

colombia oil and gas

Colombia’s new government eyes Venezuelan gas

Colombia’s new government is racing to wind down the oil and gas industry but also signalling that it could resort to neighbouring Venezuela to replenish gas supply.

Historic climate law will cut US emissions

Huge investments in renewable energy will accelerate transition, but climate justice advocates voice concerns about being left behind.

High LNG prices may slow rapid Asia demand growth

A new report says that high prices may accelerate downward pressures on LNG demand, clouding long-term industry outlooks.