Aug 2023

Situated in the foothills east of the Canadian Rockies, Calgary is home to beautiful scenery, festivals and a variety of fun and interesting activities. The 24th World Petroleum Congress will be running an Accompanying Person and Leisure Tour programme so that delegates can make the most of their trip.

The decades-long project needs new sources of gas, but territorial disputes with Malaysia are complicating matters

Strategic agreement includes evaluation of first megaton direct air capture project outside US

Talks between the trading partners reveal growing tension over the potential impact on LNG flows of domestic Australian policies

Low Carbon Fuel Standard credit prices bottoming out despite continued surge in renewable diesel supply

CEO warns Russia shock may have changed Europe’s energy dynamic forever as company focuses on significant demand from Israel, Egypt and beyond

Scotland-based consulting and engineering firm to support oil major’s global energy transition projects under new three-year deal

Record domestic production and high imports contrast with weak economic growth to raise the question of how much more crude China can store

The UK independent sees Block 3/05 as key to its growth ambitions in Angola’s maturing upstream

The Italian major continues to reorientate its portfolio to focus on gas

China puts the strategic in SPR as it looks to utilise record oil storage

Long-term deal signed by Olympus Energy marks breakthrough for emerging market for responsibly sourced gas

Open access terminal in northwest England would receive CO₂ shipped in from multiple locations

The region’s political situation and internal relationships are changing amid the growing influence of Russia and China

The province’s government remains positive about the future of its offshore industry despite recent difficulties

But concerns over storage and the government’s long-term plans still need to be ad-dressed, say industry bodies

As the 50th anniversary of the Arab oil embargo approaches, policymakers gripped by energy security fears must start rethinking the purpose of emergency oil stocks

Climeworks and Occidental subsidiary 1PointFive among developers set for talks with US Department of Energy over first tranche of funding for large-scale projects

Saudi cuts and slowing US output add to improved demand outlook

Real-world trends for rising oil use in the developing world cast increasing doubt on lofty emissions goals

Second-round tender put on hold amid uncertainty over Danish state’s shareholding in future licences

Peace means progress for Libya’s upstream, but disruption is never far away

German independent oil and gas firm secures licence to develop storage in Camelot area of North Sea in breakthrough for its growing carbon management business

Battered by multiple economic headaches, Argentina is looking towards the Vaca Muerta as a potential lifeline

US oil company agrees to acquire Canadian developer in move to accelerate cost reductions and deployment of direct air capture technology

Postponement of large LNG project does not seem to have derailed Kosmos’ expansion or capex plans

Canadian regulator the CER’s Global Net-Zero scenario paints a gloomy picture for the oil sands, but the analysis may be fundamentally flawed

Europe has been hastily building out LNG and pipeline capacity since Russia’s invasion of Ukraine, while demand is rising in Asia

Action by consuming governments has shown they can significantly affect oil prices and put a spoke in OPEC’s wheels

President Tinubu has already targeted major reforms at the country’s dysfunctional downstream and upstream sectors, as well as overhauling monetary policy

Efforts by African institutions and others to push development in the continent appear to be gaining momentum

Netherlands’ flagship CCS project targets 2026 start up after legal challenge derails original construction timetable

Despite contradictory claims of increased tensions in Mideast Gulf waters and possible rapprochement between the US and Iran, the situation appears business as usual for freight

High cost of hydrogen and CCS will hamper uptake by the steel sector, Australian mining group says

The triennial awards will be presented at a lunched during the 24th World Petroleum Congress on 21 September 2023 in Calgary, Canada

Another Atlantic hurricane season is well underway and expected to peak in September, while the oil and gas industry on the US Gulf Coast continues to watch the weather with caution

Almost a year-and-a-half after Russia invaded Ukraine, elevated gas prices continue to impact the competitiveness of European industry, especially relative to the US

Buildout of infrastructure over next decade needed to keep pace with rapid growth of country’s CCS sector

The number of supply projects under construction around the world suggests developers and buyers believe in decades of future growth

Asia learns energy security lessons after counting the costs from the destination flexibility of LNG

The French firm confirms its position in Gabon