Baker Hughes has announced that its emissions abatement technology, flare.IQ, has been successfully used by bp to quantify methane emissions from its flares, a new application for the upstream oil and gas sector
Energy Transition
Methane emissions from energy set to decline soon - IEA
Methane emissions from the energy sector remained near a record high in 2023 – but new policies and regulations, as well as fresh pledges stemming from COP28 Dubai, have catalysed efforts to reduce methane emissions and could result in a decline, according to the International Energy Agency (IEA)
From hydrocarbons dominance to embracing hydrogen
Germany’s state-controlled firm Securing Energy for Europe (SEFE) recently announced that it plans to invest around US$540mn in repurposing some of its underground gas storage sites and gas pipelines into infrastructure fit for storing and transporting green hydrogen
Middle East Energy to boost sustainability agenda
A keen focus on accelerating the global energy transformation and exploring opportunities at the cusp of the transition towards sustainability will be the central themes at this year’s 49th edition of Middle East Energy (MEE)
Egypt progresses green hydrogen development
Egypt is progressing green hydrogen development with the introduction of incentives for hydrogen production and agreements to develop green hydrogen projects, with a view to providing 5-8% of the world’s hydrogen by 2040