Europeans demanding reduced dependence on oil and gas: EIB
Reducing dependence on imported oil and gas is the top expected benefit of the energy transition for European consumers, according…
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Global renewable refinery capacity set to triple by 2030
As alternative fuels continue to gain traction, and governments and businesses continue their shift towards green energy, global renewable refinery…
Strait of Hormuz crisis underscores importance of energy resilience, says McKinsey
While the global energy market has proven ‘surprisingly resilient’ following the crisis in the Strait of Hormuz, the buffers that…
Oil and gas companies among the key adopters of CCUS
Oil and gas firms continue to see carbon capture, utilisation, and storage (CCUS) as a key decarbonisation pathway, along with…
Major oil companies made €7.5 billion in excess profits in the first half of 2026
Eight major oil companies generated €7.5 billion in excess profits in Europe in the first half of 2026, off the…
Oil and gas firms planning to ramp up production despite climate commitments, study finds
Major oil and gas companies are planning to increase their upstream production over the coming years, despite public commitments to…
Global demand for biofuels set to rise sharply as decade progresses
Global biofuel consumption is set to rise by 30% this year, and could increase by as much as 70% by…
Oil and gas firms’ investment in renewables likely to remain ‘cautious’, says GlobalData
While oil and gas firms are continuing to invest in renewable energy, their investment strategies are likely to ‘remain cautious’…
‘Business as usual’ no longer an option for energy procurement
Op-ed by Conor Klaptayj, strategic risk manager, Consultus International. Markets were dominated by extreme geopolitical volatility in early April as…
Majority of firms across energy, oil and gas sectors expect increased supply chain risk
The majority of organisations in the energy, oil and gas sectors expect supply chain risk levels to increase over the…