Q&A: What does Biden's LNG 'pause' mean for global emissions?
US president Joe Biden has announced a “temporary pause” on liquified natural gas (LNG) terminal expansion.
Source: carbonbrief.org
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Big oil shouldn't lead the green energy transition
Eastman-Kodak didn’t invent digital photography; and the Underwood Typewriter Co didn’t develop the keyboard. Disruptors did. Incumbents are bad at innovating. For the very same reason, the likes of Exxon Mobil, Chevron and Shell are unlikely to lead the energy transition
Source: moneycontrol.com
Oil, National Gas Companies Urged to Pay Greater Attention to Energy Transition Opportunities
Natural gas investment would continue even in a future scenario where all nations meet their emissions reduction pledges, the International Energy Agency
Source: naturalgasintel.com
OPEC: IEA's Vision is 'Extremely Narrow'
The Organization of the Petroleum Exporting Countries (OPEC) refuted the latest report of the International Energy Agency (IEA), which sparked controversy in the energy sector. Last week, IEA stated in its report ''The Oil and Gas Industry in Net Zero Transitions'' that the oil and gas industry faces a "moment of truth." The industry has been told to "choose between fueling the climate crisis or embracing the shift to clean energy" against the IEA's proposed normative net-zero scenario.
Source: aawsat.com
Indonesia starts work on country's first carbon capture project
Indonesia has started the construction of the country’s first carbon capture, utilisation and storage (CCUS) project, reported Reuters.
Source: offshore-technology.com