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In 2022, Hess and the government of Guyana announced an agreement for the company to purchase 37.5 million REDD+ carbon credits directly from the government, one of the largest private-sector forest preservation agreements in the world. This paper explores the analysis of decarbonization pathways, voluntary carbon markets, and individual carbon offset projects that ul…

In the pursuit of sustainable industrial operations, three pivotal objectives emerge: risk reduction, safety assurance, and cost minimization. Integrating these objectives into digital transformation strategies enables operators to effectively manage emissions and achieve success.

The contracts kick off another round of development in deep and ultradeep water off India’s east coast in the Bay of Bengal.

Dutch leaders have voted to halt all future production from the large gas field due to seismic activity linked to extraction operations.

The latest signs that momentum is building in the geothermal space include military bases.

The index integrates three independent components extracted from static and dynamic parameters: reservoir permeability thickness, movable gas, and reservoir pressure from a historically matched dynamic model.

Supervised learning was used to develop an ensemble of models that account for historical production data, geolocation parameters, and completion parameters to forecast production behavior of oil and gas wells.

The $6-billion Azeri Central East (ACE) platform is the first BP-operated offshore production facility controlled from onshore.

Kampala is drawing now on international experience to sidestep the “oil curse” before first crude flows from its Lake Albert developments.

The combined effort aims to reduce the time necessary for and increase the detail and accuracy of seismic interpretation, including for carbon sequestration studies.