The annual investment of $800 billion in the oil and gas sector currently exceeds the double amount needed by 2030 to align with a pathway restricting global warming to 1.5 °C, according to the International Energy Agency

The UK Government plans to award licences for North Sea oil and gas projects annually, with a focus on meeting net zero targets, while Greenpeace opposes these licences as “backward-facing”

The Chief Executive of National Gas, Jon Butterworth, has stressed the long term necessity of fossil fuels, especially gas, to prevent power blackouts in the UK

National Gas has partnered with Jacobs and ERM for pre-FEED activities in a project designed to repurpose existing gas transmission infrastructure

Masdar has launched the UAE’s first utility-scale wind project, featuring innovative low wind speed technology

Electricity production generated from fossil fuels reached its lowest point since the Covid pandemic, with carbon emissions dropping to a three-year low, according to a report

EU’s fossil fuel power has plummeted to a historic low due to waning electricity demand, according to new research

Wholesale gas prices in Dutch and British markets spike as strikes in Australian LNG plants await confirmation

Field, led by Bulb Energy’s Co-Founder Amit Gudka, has secured a £200 million investment from DIF Capital Partners to accelerate its battery energy storage projects

Renewables’ share of global electricity generation will exceed one-third by 2024, according to the International Energy Agency