Investments from global exploration and production companies (E&P) in 2021 are projected to reach around US$380bn, almost flat y-o-y, according to Rystad Energy report
Industry
Total strengthens its commitment to reduce methane emission with OGMP 2.0 initiative
Total, partner to the initiative since 2014, has joined the second phase of the Oil & Gas Methane Partnership (OGMP 2.0) of the United Nations Environment Programme, which brings together industrial companies, governments and NGOs to better monitor and report methane emissions to reduce them
US$400bn could be unlocked for green and blue hydrogen projects
Rystad Energy industry analysis reveals that hydrogen projects that are poised to be developed could unlock US$400bn worth of spending for the service industry between 2020 and 2035
New energy markets to improve geopolitical stability and promote a more prosperous world, says Dr Fatih Birol
As the global oil and gas industry continues to experience rapid transformation, energy partnerships could have a “halo effect on political and diplomatic areas” across the world, according to Dr Fatih Birol, executive director of the International Energy Agency (IEA)
Frank Fannon, assistant secretary, US Department of State speaks on transformations in geopolitics of energy sector
Frank Fannon, assistant secretary, Bureau of Energy Resources, US Department of State, gave a keynote speech during ADIPEC Virtual 2020 on diplomacy and transformations in the geopolitics of energy sector