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Oil and gas

30/4/2025 News

Saudi shale gas predicted to cut crude burn, while BP heralds new West African LNG production hub

Emerging sources of natural gas are shifting established patterns of supply and demand in Africa and the Middle East. In Saudi Arabia, crude burn – the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation– has long been commonplace. The Kingdom burns significant volumes of oil to meet domestic electricity demand, which hovers around 171 TWh. However, analysis from Rystad Energy shows the upcoming Jafurah shale gas field, set to start production in 2025 and said to be the largest of its kind globally, could dramatically shift this dynamic. Meanwhile, BP has loaded the first cargo from the Greater Tortue Ahmeyim LNG project offshore West Africa.

Energy and carbon management

14/6/2023 Comment / Chris Rason

The resilience challenge – navigating the EU energy market

Energy resilience is front of mind across all industries in Europe. With costs rising and government support across the European Union (EU) coming to an end in 2024, now is a crucial time for organisations to start putting energy strategies in place. Here, Chris Rason, Head of Energy Services at Aggreko, shares some of these strategies.

Renewables

15/2/2023 News

Renewables to account for 35% of power generation mix by 2025

Renewables are set to dominate the growth of the world’s electricity supply over the next three years, as together with nuclear power, they meet the vast majority of the increase in global demand through to 2025, reports the International Energy Agency (IEA).

Emissions

Map of Europe graphic with four chimney stacks

12/6/2024 News

Slow progress in the EU power sector undermining low-carbon transition

The European Union (EU) power sector faces considerable challenges in achieving net zero emissions by 2050 on a pathway consistent with its climate objectives, a new report has found.

Gas

Aerial view of rows of solar panels in a field

9/11/2022 News

The beginning of the end for gas-fired power in Europe?

Gas-fired power generation, which is currently part of Europe’s electricity backbone, is being threatened by high prices, market challenges and the declining cost of renewable energy, according to new research from Rystad Energy.

Renewables

Two people in solar field in India discussing project whilst looking at laptop

11/10/2023 News

Asia-Pacific to invest $3.3tn in power generation over next decade

The Asia-Pacific region is forecast to invest $3.3tn in power generation over the next 10 years, with 49% earmarked for wind and solar, and 12% for energy storage, according to the latest analysis from Wood Mackenzie. Meanwhile, a BloombergNEF report suggests solar is soon to be the most affordable electricity source for Bangladesh.

Energy policy

Rows of solar panels in foreground, mountain and lake in background

5/2/2025 News

Japan’s draft energy strategy attracts criticism on clean energy and decarbonisation grounds

Japan has published a draft of its seventh Strategic Energy Plan (SEP), which outlines the country’s energy transition goals for 2040. The plan has been criticised by energy think tanks and climate analysts for a lack of ambition in renewable energy adoption, coal phase-out and fossil fuel reduction. Those issues could, they say, potentially jeopardise Japan’s decarbonisation efforts and economic stability.

Net zero / decarbonisation / energy transition

View of US coal-fired power station with emissions beside a river

9/8/2023 News

Is the Inflation Reduction Act enough to set US on track for net zero?

The Inflation Reduction Act (IRA) gets the US closer to net zero, with renewables, carbon capture and electrification leading the way – but more action is needed, according to a new report from BloombergNEF (BNEF).

Access to energy

Head and shoulders pic of Claudio Vergara, Zola Electric in front of equipment

7/12/2022 Comment / Claudio Vergara

Latest electrification technologies can help emerging markets bring power to the people

New digital technologies are required to help bring reliable power to people in many developing countries. Here Claudio Vergara from Zola Electric, a San Francisco-based company currently delivering affordable and clean power to over 3mn customers in emerging markets across four continents, suggests how.

Coal

23/11/2022 News

A swift reduction in global coal emissions is central to climate challenge

The world must move quickly to significantly reduce CO₂ emissions from coal in order to avoid severe impacts from climate change, a new report from the International Energy Agency (IEA) has said. It has called for immediate policy action to mobilise massive financing for clean energy alternatives and to ensure secure, affordable and fair transitions, especially in emerging and developing economies.

New Energy World™

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