Oil and Gas
Global Methane Pledge COP26: Its Impact on Asia’s Oil and Gas Industry
In the build-up to the COP26 conference in Glasgow, all eyes were set on global leaders to make meaningful progress in addressing methane emissions, the second leading cause of climate change. While the Global Methane Pledge is a necessary first step, governments and the fossil fuel industry will have to do more if we are to remain on track to meeting the Paris Agreement goals. In the meantime, the oil and gas landscape in Asia will have to change.
Energy Transition in Oil and Gas Sector: A Dilemma
Asia will account for an estimated share of 43% of the global energy demand by 2040. Whilst fossil fuel projects are under pressure owing to climate commitments, renewables are not yet fully developed. Will the Asian countries bank upon oil and gas to fulfill the future energy demand?
The Risks of the Continued Reliance on Oil and Gas in South Korea
South Korea's green commitments are a breadth of fresh air for a world, strangled in carbon emissions. But the country still isn't ready to abandon oil and gas.
What Role Will Hydrogen Oils Play in the Low Carbon Future?
Green hydrogen is one of several types of hydrogen oils, yet it is the only renewable variety. It is produced by splitting water molecules and is emissions-free. Unfortunately, it is still costly to produce and requires unique infrastructure. As technology improves, it will play an essential role in supporting the global low carbon future.
Ending Asia’s Love Affair With Oil and Gas
Asia is still heavily reliant on oil and gas, which has been boosted by growing natural gas consumption. Several groups have stated that it will be nearly impossible to reach international climate goals unless the region reduces emissions.
Malaysian Oil and Gas Company Petronas Ventures into Renewable Energy
Petronas is one of the largest oil and gas companies in the world - controlling the fourth largest fossil fuel reserves in Asia. Yet the government owned business is aware that oil and gas is loosing traction. Since 2013 Petronas has been investing in renewable energy and currently controls over 1 GW of solar arrays. Further investment in renewable technologies is expected in the coming decades.
The Misleading Tale of Oil and Natural Gas
The energy industry often mentions oil and gas together when discussing current energy demand and...
How Oil and Gas Companies Can Jump Aboard the Green Wagon
The COVID-19 pandemic had been a pivotal moment for the oil and gas companies worldwide....
The Risk of Oil and Gas investments – A Story of Declining Returns
In the three years after the ratification of the Paris Agreement, the five largest oil...
There and Back Again: The Transition From Coal to Gas in Bangladesh
Gas to coal to gas again – this sums up Bangladesh’s trajectory on the energy...
Fossil Fuel: Rising Concerns On Vanguard’s Investments
NGO raises concerns on Vanguard's fossil fuel exposure
ADB’s Double Standard On Fossil Fuel Investments
ADB withdraws from coal investments but continues to support oil and gas projects
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