EU to support salvage operation on MV Sounion oil tanker
The EU revealed on Monday that a salvage operation on the disabled oil tanker MV Sounion has now begun, although…
Oil
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How is global industry utilising CCUS technologies in 2024?
Carbon capture, utilisation and storage (CCUS) technologies that capture and store carbon dioxide (CO2) are among the tools that will…
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Electrification should not be seen as oil’s “great rival”, says OPEC head
Electrification should not be seen as oil’s “great rival” and energy sources are not “locked in a zero-sum game”, according…
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IEA sees slowing oil demand for 2024 as China’s consumption drops
The current slowdown in global demand for oil looks set to continue as China’s “post-pandemic rebound” seems to have run…
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BP sees global oil demand peaking next year
Energy giant bp has said that global oil demand will peak as early as 2025, with renewable energy sources growing…
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OPEC’s oil output remains steady but some members still pumping too much
With just a few members exceeding their agreed limits, oil production from the Organization of the Petroleum Exporting Countries (OPEC)…
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How will Denmark impede Russia’s shadow oil fleet in the Baltic Sea?
Denmark is planning to target the infamous shadow fleet of tankers carrying sanctioned Russian oil through the Baltic Sea and…
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New report accuses fossil fuel companies of greenwashing, but profits are up
Last week, US Democrats released a report three years in the making detailing the ways that large fossil fuel producers…
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The Three Seas Initiative calls for cooperation and security in Central and Eastern Europe, but can it deliver?
On 11 April, the ninth annual Three Seas(3SI) Summit and Business Forum was held in Vilnius, Lithuania. In attendance were…
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Green transition: how significant would India’s membership of the IEA be?
In its 2024 Ministerial Meeting, the International Energy Agency (IEA) announced that ministers from its 31 member countries had agreed…
