The U.S. Department of Energy (DOE) is allocating $500 million to strengthen CO2 transport infrastructure, while anticipating the expansion of carbon capture technologies to meet future demands.
Saudi Aramco reported first-quarter net income of $27.27 billion, down 14.5% year-on-year, due to reduced crude oil production.
Shell announces a potential increase in oil and gas production in its Upstream unit for the second quarter of 2024, despite an expected decrease in its Liquefied Natural Gas unit, reflecting a stabilization of its overall production.
The offshore drilling industry is experiencing strong demand for its 6th and 7th generation platforms, despite a slight drop in new contracts signed.
IAEA chief Rafael Grossi calls on Iran to take concrete steps to address international concerns about its nuclear program.
According to the NGO Reclaim Finance, only 17.3% of the financing provided by the four major French banks to the European oil majors between 2020 and 2023 was allocated to “low-carbon” projects.
In Bulgaria, opposition is growing to the planned coal phase-out dictated by the European Green Pact. Meanwhile, Poland, historically dependent on coal, is making a decisive pivot towards renewable energies.
Solarpack announces the appointment of Robert Hienz as CEO of its German unit, intensifying its growth objectives in renewable energies with a plan to develop a 7 GW pipeline and sign 1 GW of PPAs by 2026, in alignment with Germany’s climate targets.
Iraq’s crude oil exports fell slightly in April, reflecting pressure to meet OPEC+ quotas.
By 2023, Germany’s charging capacity for electric vehicles will have risen by 45% to 5.4 GW, despite sub-optimal utilization.
VERVANT LTD
71-75 Shelton Street
LONDON WC2H9JQ
UK
Inclus dans cet abonnement:
