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As COP26 looms, the International Energy Agency says governments must send an “unmistakable signal” about clean energy ambition and action if the world wants to avoid the worst effects of climate change.
Banks are finding more success with ESG-related bond sales than they are with fossil fuels. Renewable-energy firms may be able to combine the funding advantages of being a corporation with the tax advantages of being a partnership. Shell boosts solar in Brazil. And a new water-based, bio-based surfactant may be a game changer.
More time and money are needed for Johan Castberg and others, while government looks to boost hydrogen research.
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The company announced plans to use a new technology to replace the pneumatic systems that are powered by and also vent a substantial volume of methane at its Barnett Shale operating area in north Texas. -
The US producer also closed its acquisition of assets in the Permian through a deal with Primexx.
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The gas-focused producer said it will turn its attention to drilling programs on its Haynesville acreage.
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Flow rate is a major challenge for geothermal. However, the techniques used in shale to prevent flow localization can be applied directly to geothermal. If we can create hundreds or thousands of flowing fracture pathways around a horizontal or deviated geothermal well, then we will have truly “changed the game.”
The backers of some of the first offshore hydrogen projects have little hope of turning a profit. The big question is, will anyone?
CEOs from some of the biggest oil and gas firms in the world kicked off SPE's Annual Technical Conference and Exhibition with a clear message on what the energy transition means to them and what's at stake.
Electric-powered fracturing fleets looked impressively resilient in 2020 amid what was otherwise a significant collapse for the hydraulic fracturing sector. Today, the situation is more complicated.
As Canada, Greenland, and even Norway shy away from developing their Arctic oil and gas resources, only Russia and the US remain in the game as Alaska seeks to renew interest in exploration and development of its North Slope.
The price of natural gas has more than doubled this year in many parts of the world. The ripple effects are starting to be felt, but how wide they will spread may not be known until winter comes.
Kamel Ben-Naceur sees petroleum engineering as essential to the energy transition not only because of the continued role that oil and gas will play in the energy mix moving forward but also because the skills of the profession are foundational and transferable.
Wind energy is one career option for engineers who have the offshore experience needed for a business planning for a boom. It looks like an obvious renewable energy option now, but flexibility is required because this transition is likely to change direction.
Monthly Features
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Each year during its Annual Technical Conference and Exhibition (ATCE), SPE honors members whose outstanding contributions to SPE and the petroleum industry merit special distinction. Recipients were recognized last month at ATCE in Dubai. -
Friction reducers play multiple critical roles in fracturing. A challenge in selecting the best one for the job is the growing evidence that performance varies, but objective performance measurements are lacking. -
Traditionally, wireline or logging-while-drilling formation-testing technology has been the most accepted means of reservoir fluid characterization. But when those fluids are contaminated by mud filtrate, acoustic data can be used for fluid characterization during downhole sampling to successfully track and quantify small changes in oil compressibility. -
Russia is pouring investment into liquefied natural gas projects as it seeks to leverage the world’s largest natural gas reserves together with the logistical advantages of delivering it at a competitive price to Asia and Europe along the now-navigable Northern Sea Route.
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Tracking the Energy Transition: The Decarbonization Puzzle, the Power of Wine, and Hydrogen on TrackMajor energy companies are tapping into wine residues, used cooking oil, and waste animal fat to produce biofuels. Retooling to meet clean energy goals dominated the first day of the SPE Annual Technical Conference and Exhibition. And the US and European Union launched a global methane reduction pact that has climate advocates breathing a sigh of relief just weeks bef…
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The Texas Methane and Flaring Coalition has released the first edition of the report, which it says will help lawmakers, media, and the general public understand the latest developments around methane and emissions.
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Amid investor pressure, ExxonMobil taps its Poker Lake facility in New Mexico as the company’s first for natural-gas certification.
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President's Column
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The continued collaboration of the oil and gas industry with other technological sectors is crucial for its success. SPE has itself been a catalyst for collaboration in the industry through the events it organizes and with other societies to bring together practitioners from different disciplines.
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Technology Focus
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Advanced robotics is poised to make a big splash in the oil and gas industry, but when and just how big will it be?
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The risk-management firm is teaming up with academia and a robotics specialist for a research project focused on automatic processing of data gathered by autonomous and remote-controlled vehicles.
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Saudi Aramco is accelerating the adoption and scaleup of disruptive and multipurpose robotic technologies to deliver safer, cost-effective, and efficient inspection capabilities, emergency response, aerial mapping, project monitoring, security surveillance, and environmental monitoring.
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