• Fri. Mar 29th, 2024

Oil & Gas Australia

Australasia’s Leading Oil & Gas Journal. Providing all the latest news, updates and developments in the oil & gas industry, sourced locally and from around the world.

Decarbonisation

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  • Consumer confidence is critical to achieving Australia’s Net Zero ambitions

Consumer confidence is critical to achieving Australia’s Net Zero ambitions

As Australia progresses towards its net zero emissions target, consumer confidence has emerged as a critical factor that will accelerate or stall our clean energy transition, according to EY’s latest…

Carbon credit misuse harms the environment and impacts corporate reputation

The carbon offset market has become a veritable minefield for organisations looking to reach net zero targets. With many offset schemes condemned as ‘worthless’, it’s imperative that businesses find options…

N’GENIUS solution on the horizon for oil, gas and LNG industry

An innovative range of high strength austenitic stainless steels has been developed that will revolutionise the design and construction of onshore and offshore facilities in the oil, gas and liquefied…

Eni and Snam form a joint venture to develop the first CCS project in Italy

Eni Chief Executive Officer Claudio Descalzi and Snam Chief Executive Officer Stefano Venier signed an agreement to jointly develop and manage Phase 1 of the Ravenna Carbon Capture and Storage…

New Energy System Prepares Seven Arctic for the Future

Subsea7 is pleased to announce that the heavy construction / flex-lay vessel Seven Arctic is to be equipped with a new energy-saving system. The new energy-saving and storage system will hybridise the…

Release of the 2022 IEA interactive “Energy and Carbon Tracker”

Ahead of the UN Climate Change Conference (COP27), the latest round of climate talks taking place in Sharm El-Sheikh (Egypt), the IEA is delighted to inform all data users of…

Carbon storage licensing round attracts 26 bids

The future of carbon storage moved a step closer today with 26 bids coming in for the UK’s first-ever carbon storage licensing round.  A total of 19 companies, eager to…

PETRONAS, TNB Join Forces to Advance Malaysia’s Carbon Neutral Aspirations

PETRONAS and Tenaga Nasional Berhad (TNB) have signed a Memorandum of Understanding (MoU) to strengthen collaboration in driving innovative solutions towards decarbonisation in support of Malaysia’s aspirations to be a…

PETRONAS Signs MoU with Six South Korean Companies to Explore Opportunities in CCS Value Chain

PETRONAS signed a Memorandum of Understanding (MoU) with six South Korean companies to undertake conceptual and feasibility studies towards establishing a full value chain related to carbon dioxide (CO2) capture,…

Data upload boosts search for carbon storage sites

The search for carbon storage sites, wind farm locations and potential hydrocarbon fields has received a significant boost as more than 132 terabytes of seismic data has been uploaded on…

APAC Carbon Capture & Storage Map launched at Future Energy Asia (FEA 2022) Exhibition by Mudrock Media

Mudrock Media was exhibiting at Future Energy Asia (FEA 2022) in Bangkok, Thailand last week from July 20th to 22nd. Mudrock Media launched the new publication of APAC CARBON CAPTURE…

Asian decarbonisation efforts hampered by fragmented market but recent trends are encouraging – new report from Janus Henderson

The issuance of climate related financial instruments in Asia is dominated by China, India and the Republic of Korea, whilst most countries do not leverage climate bond issuance at all,…

ABL Group to acquire Add Energy

ABL Group ASA has entered into an agreement to acquire 100 percent of the shares in energy and engineering consultancy Add Energy. The acquisition broadens ABL Group’s service offering, enhances…

PETRONAS Partners With Mitsui & Co. in Carbon Capture and Storage Solutions

PETRONAS has signed a Memorandum of Understanding (MoU) with Mitsui & Co., Ltd. (Mitsui & Co.) for the conceptual and feasibility studies on carbon capture and storage (CCS) value chain,…

The World’s First 60MW Subcritical Blast Furnace Gas Power Generation Project

Capital Engineering & Research Incorporation Ltd. used Bentley applications to create a digital model of innovative new power generation technology, which generates power 60% more efficiently than similar generators. 2021…