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UTM Offshore signs FEED agreement for Nigeria’s first floating liquefied natural gas (FLNG) facility

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With factors such as the Russian-Ukraine war, increases in energy demand and global energy transition-related policies fueling the energy crisis at global scale, the AEC strongly believes African gas has a huge role to play in liberating global economies and the global energy market.

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MIT study: people globally follow a “visitation law”; inverse relationship between distance and frequency of visits

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A new paper by an MIT team and colleagues in Singapore, China, Italy and Denmark, drawing on global data, finds that people visit places more frequently when they have to travel shorter distances to get there. In some cases, the researchers defined areas visited by using grid spaces as small as 500 square meters. Schläpfer, M., O’Keeffe, K.

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BHP offboards its petroleum business in merger with Woodside; focus on “future-facing commodities”

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The all-stock merger will create a global top 10 independent energy company by production, and will also allow BHP to focus more intently on “future-facing commodities” that are most positively leveraged towards population growth, rising living standards, electrification and decarbonization, the company said. The project will deliver 4.35

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IISD Releases Five-Part Series of Reports on Removing Fossil Fuel Subsidies

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The International Institute for Sustainable Development’s Geneva-based Global Subsidies Initiative ( GSI ) has issued a five-part series of reports into how nations might remove fossil-fuel subsidies, on the eve of a meeting of G20 finance ministers in Washington this week. in total by 2010 to 0.7% per year to 2050.

Parts 207