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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

10 Based on the European Union’s 2021 emissions. This unavoidable CO 2 generation makes these industries prime candidates for carbon capture, utilization, and storage (CCUS), 5 The term carbon capture and storage (CCS) is sometimes used if there are no plans for utilization of the captured carbon. Mtpa, COD 2022).

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Inpex Granted Production Concession for UAE Block

Rigzone

As the block’s operator, Inpex said it discovered multiple conventional oil, condensate and gas layers through the drilling of exploratory wells conducted since May 2021. Since then, the company said it has been conducting evaluation work with the aim of moving into development and starting production as soon as possible.

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Bridging the Data Gap: How Transfer Learning Revolutionizes Production Forecasting in Frontier Basins

Novi

A groundbreaking study utilizing the Powder River Basin as a proving ground demonstrates how transfer learning methodologies can leverage rich datasets from mature basins to dramatically improve forecasting accuracy in data-sparse environments.

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European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

“The average utilization of this capacity was ‘only’ 42 percent in 2024”, the analysis said. “On the contrary, Brent is on a downward trend since January 2025, returning to levels last seen in spring 2021.

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Uniper to Supply Solar Power to Baden-Wuerttemberg Universities

Rigzone

Image by Pixelci via iStock German utility Uniper SE has signed a deal to supply the state of Baden-Wuerttemberg with 86 gigawatt hours (GWh) of solar electricity per year for three years, or around 258 gigawatt hours. In 2021, they signed a gas contract with the University of Stuttgart for January 2023 to December 2026.

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How emotional intelligence can empower leaders to be more effective

SmartBrief

A 2021 Catalyst study found that approximately 61% of workers with highly empathic senior leaders report being continuously or often innovative at work, compared to only 13% who have less empathic senior leaders. Reflect on how you could have utilized EI to make more informed decisions that positively impacted your team.

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Eurozone Stocks Reach Highest Allocation Since 2021

OilPrice

Global investors have finally returned to UK stocks, making their highest allocation to British equities since June 2021. UK equities were the third most overweight sector from global investors this month, beaten out only by utilities and banking stocks, Bank of Americas latest Global Fund Manager Survey revealed.