Southeast Asia’s Oil and Gas Boom: Malaysia & Indonesia Spotlight
Explore Southeast Asia’s oil and gas resurgence in Malaysia and Indonesia, spotlighting strategic transitions and major discoveries.
Explore Southeast Asia’s oil and gas resurgence in Malaysia and Indonesia, spotlighting strategic transitions and major discoveries.
Keila Diamond, Jeannie Powers, and Meagan Hays have leveraged their diverse experiences to drive significant advancements toward a more secure and sustainable energy future. Their leadership transcends mere technical expertise, influencing broad strategic visions that are setting up their respective organizations for future success.
The Energy Council and Nasdaq are partnering to bring together leaders from across both the investment landscape and energy industry to uncover the most pressing challenges the energy sector is facing, as well as the opportunities for 2024 and beyond.
Decarbonization Partners, a collaborative initiative between BlackRock and Temasek, recently celebrated the successful closure of its inaugural fund, Decarbonization Partners Fund I, which raised $1.40 billion – exceeding its initial target by 40%. This fund is committed to propelling the global shift towards a net-zero economy by investing in pioneering decarbonization technologies.
The energy sector is undergoing a profound transformation driven by the need to decarbonise and transition to more sustainable energy sources. Understanding who is, and who isn’t, financing the future of oil and gas is crucial for those navigating this evolving landscape.
The outcomes of the 2024 European elections are set to influence the EU’s energy framework, balancing environmental goals with the necessities of energy security and economic stability. The interplay between established powers and emerging populist forces will shape the trajectory of Europe’s energy policies.
Carbon capture, utilisation and storage (CCS) can play a key role in significantly cutting down emissions in sectors where it has proven hard to do so, while also supporting the removal of carbon dioxide (CO2) from the atmosphere. Yet the marketplace faces significant challenges, thus presenting a mix of optimism and frustration to stakeholders.
This article is brought to you as part of The Co-Innovation Partnership, whose mission is to accelerate progress in meeting the challenges of the energy trilemma through co-innovation across the value chain using digital technologies.
Despite global challenges, 2023 saw only a slight rise in energy-related CO2 emissions, increasing by just 1.1% to total 37.4 billion tonnes. This markedly slower pace of growth compared to previous years reflects the powerful impact of breakthroughs in clean energy technologies—including solar, wind, nuclear power, and electric vehicles.
In a continuation of the oil and gas industry’s trend toward mega-consolidation, Phillips 66 (NYSE: PSX) announced a significant enhancement to its Midstream operations with the acquisition of Pinnacle Midland Parent LLC (Pinnacle) from Energy Spectrum Capital for $550 million in cash. This move extends the consolidation trend into the Midstream and Downstream sectors, with Phillips 66 strategically positioning itself in the heart of the Permian Basin.
The Oil and Gas (O&G) industry, particularly in the United States, is currently witnessing a historic merger and acquisition (M&A) frenzy. In the first quarter of 2024, the sector recorded 251 deals globally with a disclosed value of USD 101 billion, despite a global 7% decrease in the number of announced deals and a 48% reduction in total disclosed value compared to the previous quarter.
Tamboran Resources became the first non-U.S. energy company since 2014, and the first non-revenue E&P firm since 2009, to go public on the New York Stock Exchange. This Australian natural gas exploration and production company is strategically expanding in the Beetaloo Basin, one of the world’s most promising shale gas fields located about 300 miles southeast of Darwin in the Northern Territory of Australia.