#EquatorialGuinea is in talks with commodities giant Trafigura for $2 billion in #oilandgas #financing. https://lnkd.in/efdq6Wdz #energynews #projectfinance
About us
In 2020, The Oil & Gas Year (TOGY) became The Energy Year. Our annual reports on key markets cover oil, gas, clean fuels and renewables as well as social and environmental governance. Our unrivalled reach into the boardroom can help your organisation enter fresh markets and find new partners.
- Website
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http://theenergyyear.com
External link for The Energy Year
- Industry
- Media Production
- Company size
- 51-200 employees
- Headquarters
- London
- Type
- Privately Held
- Founded
- 2007
- Specialties
- Business intelligence, Communication, networking, oil, gas, petroleum, upstream, downstream, publishing, media, data, maps, renewables, and energy
Locations
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Primary
London, NW3 5JJ, GB
Employees at The Energy Year
Updates
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The #UAE's ADNOC Group has now placed 70% of production of the Ruwais #LNG plant – set to come on line in 2028 – after a new deal with Osaka Gas. https://lnkd.in/ebuR2uEA #energynews #oilandgas #naturalgas #AbuDhabi #Japan
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#TrinidadandTobago has commissioned its first ground-mounted, commercial-scale #solar park. https://lnkd.in/e64PcMUK #energynews #renewables #Trinidad
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#Angola is looking for ways to grow and diversify its economy. One of these pathways is #mining, a long relevant but underemphasised sector in the country. https://lnkd.in/eKmFDBXM #energynews #rareearthminerals #lithium #diamonds #energytransition #decarbonisation
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BENEDITO PAULO MANUEL of Catoca Mining Company talks about the company’s latest milestones and the role it plays in helping #Angola’s #mining sector progress. https://lnkd.in/ecUf6a3r #energynews #industry #Africanbusiness #diamonds #diamondindustry
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Ovidio Rodolfo of Sasol talks about the importance of Pande and Temane #naturalgas for #Mozambique’s #electricity production. https://lnkd.in/dKnGEQGc
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NextDecade has awarded a $4.3-billion #EPC contract to Bechtel Corporation for Train 4 of the Rio Grande LNG export facility in #Texas. https://lnkd.in/dU4u3yK3 #energynews #energyinvestment #engineering #LNG #megaprojects #lowcarbon #cleanfuels #lowcarbonenergy #decarbonization #netzero
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The Energy Year team in #Colombia sat down with Ricardo Roa Barragán, CEO of Ecopetrol, to talk about the efforts the NOC is making to increase production via the latest #EOR techniques – with average recovery rates of 19%-20%, that have been key in the country’s #oil production that topped 750,000 bopd in H1 2024. Ecopetrol’s head also declared that “natural gas will be the axis of Colombia’s energy transition”, highlighting the potential of #gas reserves in the offshore Caribbean region which could start producing its first gas between 2029 and 2031. "In the worst case scenario, new reserves in the Caribbean could represent 2.5 tera cubic feet of gas while in the best case scenario 10-12.5 tera cubic feet of gas" said Roa. As part of the NOC’s strategy to become an #energycompany, Ricardo Roa stated that “the company is making a strong bet on #renewable energy projects which will account for 900MW of #powergeneration by 2025-2026 and around 2.2GW by 2030, representing a total investment of USD 3.4 billion.” In this equation, #hydrogen will become critical, as Ecopetrol aims to transform Colombia into a key regional player in the production and export of #greenhydrogen in the near future. Ecopetrol’s investment plan for 2024-2026 will see USD 20 billion channelled towards energy-related projects. A total of 50% of these funds will be allocated to better and more efficient functioning of Ecopetrol´s petroleum value chain – production, treatment, #refining, and transportation of #crudeoil. Likewise, 10%-20% will be assigned to maintain exploratory work in the areas where Ecopetrol has active licenses. Approximately 40% of investments will be granted to the energy transition, which include #solar and #wind projects as well as natural gas ventures. Ecopetrol just launched its Instituto Colombiano del Petróleo y Energías de la Transición (Icpet) as the country’s R&D centre of excellence. With it, the NOC is determined to use research, innovation, and technology to support Colombia's energy transition. Icpet will see USD 280 million in investments in the next three years to develop new solutions in the areas of geothermal and hydrogen, as well as technologies for #decarbonization such as #CCUS solutions, among others. Stay tuned to read the latest interview with Ecopetrol’s CEO Ricardo Roa Barragán in our brand-new The Energy Year Colombia report! #energytransition #renewableenergy #renewableenergyprojects #oilandgas #oilandgasindustry #energyindustry #naturalgas
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Petrobras has confirmed a natural gas discovery in the deepwater Uchuva-2 well #offshore #Colombia. https://lnkd.in/de7Zas6W #energynews #upstream #drilling #oilandgas #naturalgas #offshoreenergy
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Iberdrola has acquired 88% of British power network Electricity North West for £2.1 billion. https://lnkd.in/dR6xCxaN #energynews #cleanenergy #electrification #decarbonization #energytransition #energyinvestment #lowcarbonenergy #lowcarbonfuture #renewables