Rystad: macroeconomics to hold back growth rate despite a record-breaking 2024 for renewables
Energy Connects
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5d ago
After a remarkable year for renewables in 2023, Rystad Energy estimates that 2024 will bring one of record-high capacity additions, but the growth rate will slow down significantly compared to previous years. This is due to an expected slowdown in solar PV additions across key renewable energy markets in China, Europe, and the US ..read more
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Ipieca at 50: staying true to our founding values to guide the energy industry
Energy Connects
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5d ago
2024 marks the 50th anniversary of Ipieca. We were formed back in 1974 at the request of the United Nations Environment Programme to act as the liaison channel between the UN and the oil and gas industry. Over the last 5 decades we’ve brought together our members with a range of UN bodies to share knowledge and develop good practice guidance across the areas of climate, nature, people and sustainability ..read more
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Energy transitions and winning the battle for low-carbon energy systems
Energy Connects
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5d ago
Low-carbon energy is winning the race in some sectors on its own merits – in solar and wind power, electric cars and increasingly batteries and heat pumps. There is plenty of work to be done in areas such as heavy industry, shipping and air travel. But here too, good solutions are starting to emerge. Governments should make inefficient and carbon-intensive consumer goods as unfashionable as smoking ..read more
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Bio-energy to play a key global role in shaping the energy transition this decade, says KPMG
Energy Connects
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5d ago
The global bio-energy market is on the cusp of an exciting growth trajectory for the rest of the current decade, and will play a decisive role in shaping a low-carbon future, particularly in transportation, according to the Global Head of Energy, Natural Resources and Chemicals at KPMG ..read more
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Latin America’s geothermal investments to hit $1.3b in 2027 to explore untapped potential
Energy Connects
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5d ago
Latin America boasts abundant geothermal energy resources, offering a promising avenue for clean energy production, decarbonisation of industrial processes and bolstering energy security. Despite these favorable conditions, only a fraction of its potential has been harnessed, with a mere 2 gigawatts electrical (GWe) currently utilized out of a total potential of 33 GWe, according to a new Rystad Energy report. The bulk of this utilisation comes from Mexico, Costa Rica and El Salvador, which collectively account for about 75% of the existing capacity ..read more
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Baker Hughes CEO wants more of a focus on efficiency
Energy Connects
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1M ago
In a exclusive live studio interview from Egypt Energy Show (EGYPES) 2024, Julian Walker sat down with Lorenzo Simonelli, Chairman and CEO of Baker Hughes to hear how Baker Hughes as an energy technology company is really at the forefront of helping partners in achieving their net zero pledges. Lorenzo sees opportunities to deploy technologies that are available today to help reach the targets wit ..read more
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IndianOil: transforming India’s hydrocarbon roadmap
Energy Connects
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1M ago
In an exclusive studio interview from India Energy Week 2024 in Goa, Chiranjib Sengupta sat down with Shrikant Madhav Vaidya, Chairman and Managing Director of IndianOil, to discuss how India’s largest commercial enterprise is a pillar of the nation’s four-pronged energy security strategy as well as its net zero future. Outlining IndianOil’s key achievements in the service of the nation over the ..read more
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ADNOC Distribution CEO sees Egypt as the right place for future expansion
Energy Connects
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1M ago
In an exclusive studio interview from Egypt Energy Show (EGYPES) 2024, Julian Walker sat down with Eng Bader Saeed Al Lamki, Chief Executive Officer, ADNOC Distribution, to talk about the importance of the Egyptian market following last year’s acquisition of a 50% stake in TotalEnergies Marketing Egypt retail stations. Bader explained why Egypt was the perfect choice for the company’s next expansi ..read more
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Aramco invested in powering India’s energy and economic ambitions
Energy Connects
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1M ago
Fahad Al-Dhubaib, Sr. VP Strategy & Market Analysis, demonstrates how Saudi Arabia’s national oil company is leveraging technology and innovation leadership in new markets to support growing demand for energy through carbon capture and storage, hydrogen production and lower-carbon fuels ..read more
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Ship Hit by Missile in Red Sea as Houthis Vow to Step Up Attacks
Pipeline Oil & Gas Magazine
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1M ago
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