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energy transition

Opinion

How will the energy sector fare in 2023?

Headlines in 2022 were once again dominated by the commitment being made by many countries towards cleaner sources of energy. While there are manifold programs relating to renewable energy projects, a number of reports have indicated net-zero targets will be missed unless drastic actions are taken.

Opinion

Turning up the dial on the energy transition

We are heading into another challenging 12 months for the energy sector. The impact of the coronavirus pandemic, shrinking economies, severe weather events and geopolitical shocks, namely Russian’s invasion and occupation of Ukraine, are being felt keenly.

Oil & Gas

More Australian LNG needed for Asia’s energy transition

Citing a recent report from the International Energy Agency (IEA), the Australian Petroleum Production & Exploration Association (APPEA), notes that Australian exports of liquefied natural gas (LNG) to Asia would need to triple to support the region’s energy transition.

Oil & Gas

Ukraine may be ‘blessing’ for climate, says head of UN’s WMO

The head of the UN weather agency has said the war in Ukraine "may be seen as a blessing" from a climate perspective because it is accelerating the development of and investment in green energies over the longer term - even though fossil fuels are being used at a time of high demand now.

Asia

IEA says Indonesia needs to invest $8bn per year on energy transition

To hit its 2060 net zero pledge, Indonesia will need to almost triple energy investment by 2030, the International Energy Agency (IEA) said in its latest report. That means an extra $8 billion in investment a year by the end of this decade compared with a business-as-usual pathway.