Hydrogen can play a very important role in the long duration storage of energy. That’s the view of Mark Gainsborough, Executive Vice President of New Energies at Shell, who said the company is looking at hydrogen’s application as a transportation fuel and also exploring how power to hydrogen value chain could be used in […]
A group of 10 major oil and gas companies is investing in a carbon utilisation firm in the UK. Pratima Rangarajan, CEO of the Oil and Gas Climate Initiative’s (OGCI) $1 billion (£0.7bn) Climate Investments fund made the announcement about the new investment in Econic Technologies at IP Week in London today. The funding […]
India will see a rise in oil demand, overtaking China. That’s the view of Keisuke Sadamori, Director of Energy Markets and Security at the International Energy Agency (IEA). He believes India will be “the centre of new oil demand growth” in the medium term. Speaking at the International Petroleum (IP) Week in London, he said: “By […]
It would be a “smart” move for businesses to invest in the oil and gas industry when prices have plummeted. That’s the view of Delian Dobrev, Chair of the Bulgarian Energy Committee, who believes competition is currently low as large companies are cutting their exploration activities. Bulgaria has invited global companies to explore new oil […]
Is the low oil price really a bad thing for the oil and gas industry? ELN Chief Reporter Priyanka Shrestha finds there are reasons to feel cheerful among experts at IP week.
What’s the mood like amongst international oil and gas hunters? ELN reporter Vicky Ellis hits IP Week and meets a British oil boss impatient to push the frontiers and a banker who reckons Nigeria’s oil is key to its economy.