Oil & Gas DECODED
Previous edition: 16 May 2024
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Latest news
IEA cuts 2024 oil demand growth forecast
The IEA, representing industrialised nations, now expects oil demand to grow by 1.1 million barrels per day (mbbl/d) in 2024.
DNO acquires 25% stake in UK's Arran field
DNO Exploration UK has agreed to acquire a 25% stake in the Arran field on the UK Continental Shelf.
ABL Group to acquire energy consultancy Ross Offshore
Norway-based ABL Group has agreed to acquire all shares of Ross Offshore, a specialist energy consultancy owned by Moreld Group.
Pertamina and ExxonMobil team up for CCS hub development in Indonesia
The companies have signed an agreement outlining preliminary work to design a commercial model for the Asri Basin Project carbon capture and storage (CCS) hub.
Spirit Energy and Peak Cluster encourage alternatives to stimulate CCS investment
Spirit Energy, a subsidiary of Centrica, and Peak Cluster have released a report detailing alternative routes to market for commercially viable carbon capture and storage (CCS) projects, which will help increase private investment in the sector.
Three new gas plants set to increase Nigeria's gas supply by 25%
Nigeria's President, Bola Tinubu, has launched three gas projects in an effort to develop the country’s critical gas infrastructure.
Digital twins gaining rapid acceptance in oil and gas operations
Zion Oil & Gas, Inc. announces the full acceptance of its work plan by the Supervisory Committee in Israel.
In our previous edition
Oil & Gas Decoded
ADNOC Drilling secures $1.7bn unconventional wells drilling contract in UAE
15 May 2024
Oil & Gas Decoded
UK MoD: Russia-Ukraine war a factor in Gazprom's massive 2023 loss
14 May 2024
Oil & Gas Decoded
Fossil fuels generated less than a quarter of EU's electricity for first time in April
13 May 2024
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