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Energy Transition

The MENA region has good potential for hydrogen development. (Image source: Adobe Stock)

In an exclusive article for Oil Review Middle East, Jom Madan, senior research analyst at Wood Mackenzie, discusses how the MENA region and its national oil companies are diversifying into new energies such as renewables and hydrogen

The technology enables bp to , bp can carry out early interventions and reduce emissions from flaring. (Image source: Adobe Stock)

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

State-of-the-art satellites are making it easier to identify and address methane emissions. (Image source: Adobe Stock)

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)

Oil and gas companies are increasingly turning to hydrogen as an alternative fuel source. (Image source: Synergy)

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

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