Crude oil and gas prices have surged following Russia’s invasion of Ukraine, reaching their highest levels since 2014
Oil prices spike following Russia's invasion of Ukraine
Industry
Key industry themes under the spotlight at IPTC 2022
Industry pride, energy inclusivity, the future of oil and gas, and the next generation of energy professionals were recurring themes at the International Petroleum Technology Conference (IPTC) held in Riyadh from 21-23 February
Aramco closes gas pipeline deal with global investor consortium
Saudi Arabian Oil Company (Aramco) and an international investor consortium, led by affiliates of BlackRock and Hassana, have closed the lease and leaseback deal previously announced on 6 December 2021
Optimism surging as global energy industry focuses on transition
Energy industry leaders say the energy transition is accelerating faster than ever, and that 2022 is set to be a strong year for industry growth, as set out in a new global report from DNV analysing the views of more than 1,000 senior energy professionals
IEA: Energy sector methane emissions 70% higher than official figures
Global methane emissions from the energy sector are about 70% greater than the amount national governments have officially reported, according to IEA analysis
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