Stuart Broadley, CEO of the Energy Industries Council (EIC), the global energy trade association, has warned that the energy sector is falling far short of ambitious net-zero targets
Energy Transition
Aspen Technology launches carbon capture solution
Aspen Technology has launched AspenTech Strategic Planning for Sustainability Pathways – a new solution developed through a licensing agreement with Aramco, that aims to help companies optimise carbon capture and sustainability investments
Scaling up the hydrogen economy
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, held a successful Green Hydrogen Summit focused on accelerating the development of the global green hydrogen economy and supporting the energy transition
Momentick raises finance for emissions intelligence platform
Momentick, an emissions intelligence company, has raised US$6.5mn in seed funding, which will be used to further develop the company’s emission intelligence algorithm and expand its market reach
Energy sector professionals have positive outlook for coming year: DNV
The latest Industry Insight survey from DNV finds that 73% of senior energy professionals are confidence in the industry’s growth trajectory for the coming year, similar to the 2022 figure of 72%, with the oil and gas sector seeing a resurgence in confidence