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Oil and gas industry slows energy transition as focus shifts back to fossil fuels, says GlobalData

Oil and gas industry slows energy transition as focus shifts back to fossil fuels, says GlobalData

The oil and gas industry has pursued energy transition avenues to decarbonize its operations. However, heightened energy security fears amid the Ukraine war have brought back the focus on fossil fuels, which has led companies to scale down their energy transition pursuit. This will likely continue in 2024, but the switch towards low-carbon energy is expected to proceed, albeit at a slower pace, says GlobalData, a leading data and analytics company. 

GlobalData’s thematic

Rețele Electrice Dobrogea installs bird protection systems in Călărași County

Rețele Electrice Dobrogea installs bird protection systems in Călărași County

Rețele Electrice Dobrogea installed 100 anti-collision diverters on a 15 km segment of the Grădiștea-Iezer Călărași medium-voltage line, located in an area identified by the Romanian Ornithological Society (SOR) as having high bird collision risks with power lines.

Due to the proximity of Lake Iezer Călărași, many bird species inhabit the area. The diverters provided by SOR are specially designed to be visible both during the day and at night, allowing birds in flight to avoid the power lines

Interlinked plant train with an external power supply option  Environmentally friendly operation is also possible at locations where electricity cannot be supplied due to a lack of infrastructure. The electric version of Kleemann plants can also be operated autonomously with sustainable HVO diesel.

Kleemann: All-electric operation of mobile crushing and screening plants

Mobile crushing and screening plants that are operated with electricity instead of diesel fuel are regarded as more environmentally friendly because they do not emit CO₂ on site. They are also ahead in terms of cost-effectiveness in the long term. Sustainable, low-emission solutions are in demand. With electrical mobile plants, companies can position themselves on the market as future-oriented providers. Although the initial investment costs are higher, they are quickly amortised due to the