Gas and variable renewables will be the only energy sources for which demand is higher in 2050 than today, but they must work together alongside greater uptake of carbon capture and storage (CCS) to secure a rapid energy transition
Industry
Global energy demand to peak between 2020-2025: WEC
The World Energy Council in collaboration with Accenture Strategy and the Paul Scherrer Institute launched an updated World Energy Scenarios report
Drilling Systems introduces new pricing strategy to make simulators more accessible
Simulator developer Drilling Systems has introduced a new financing option to make simulator technology more affordable for the oil and gas sector
Ministers outline plans for sustainable and reliable future
Ministers and experts came together to outline plans for sustainable and reliable future at the 24th World Energy Congress
Honeywell Oleflex technology selected for propylene production in Algeria
Sonatrach Total Entreprise Polymères (STEP) has selected Honeywell UOP’s C3 Oleflex technology to produce 565,000 mt per year of polymer-grade propylene for a proposed plant in Arzew, Algeria