Energy transition

50 oil and gas companies sign Oil and Gas Decarbonization Charter (OGDC) launched at COP28

50 oil and gas companies have signed the OGDC. (Image source: Adobe Stock)

Under the Global Decarbonisation Accelerator (GDA) announced at COP28, 50 companies, representing more than 40% of global oil production, have signed the Oil and Gas Decarbonization Charter (OGDC), committing to near-zero upstream methane emissions, ending routine flaring by 2030, and total net-zero operations by 2050 at the latest

Bahrain unveils new National Energy Strategy

Bahrain has unveiled its National Energy Strategy, with the objective of achieving a 30% reduction in emissions by 2035 and net-zero emissions by 2060, in line with its COP26 goals

COP28 opens in Dubai with calls for urgent action to address climate crisis

Urgent action is needed to keep the 1.5 degree goal alive. (Image source: Adobe Stock)

The United Nations Climate Change Conference COP28 has opened with a resounding call to accelerate collective climate action

PDO announces pilot project to utilise CO2 for EOR

H.E. Minister of Energy and Minerals, Salim Al Aufi speaking on the announcement. (Image source: PDO)

Petroleum Development Oman (PDO) has announced the commencement of an extended pilot dedicated to utilising CO2 for enhanced oil recovery (EOR) in the north of the Sultanate of Oman

US$13.5 trillion needed by 2050 to decarbonise hard to abate industries: WEF

Addressing methane and flaring emissions remain the key priority for the oil and gas industry. (Image source: Adobe Stock)

A new report from the World Economic Forum finds that US$13.5 trillion in investments will be needed by 2050 to transition to a more sustainable and carbon-neutral future, particularly in the production, energy and transport sectors

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