The EU sees the tightening requirements for gas investments, along with the cancellation of planned gas projects, as being in favor of renewables.
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Carbon credits, carbon taxes, and emissions trading systems are familiar terms in discussions about global warming, the Paris Agreement, and net-zero emissions goals. The EU is moving to act on an addition to the glossary of climate policy: carbon tariff. -
The Swedish operator is using a $35-million tree-planting initiative to offset the estimated 98,000 BOED it produces from the Edvard Grieg field about 111 miles offshore Stavanger.
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The international supermajor is looking to make Houston and the US Gulf Coast a major hub for carbon capture and sequestration. A recent peer-reviewed SPE paper offers insights on the type of formation the company may target if the project takes shape.
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The risk management expert teams up with academia, robotics specialist for autonomous and remote-controlled vehicle research project. -
Big data analytics is a big deal right now in the oil and gas industry. This emerging trend is on track to become an industry best practice for good reason: It improves exploration and production efficiency. -
Large-scale immersive simulators will be integrated with basic safety and survival training and lessons learned from both service companies and operators. -
The American National Standards Institute accredited three of the American Petroleum Institute’s inspector certifications for pressure vessels, piping, and aboveground storage tanks.
The Biden administration has directed the US Treasury Department and USAID to design strategies and criteria aimed at shifting bank lending away from fossil fuel projects in the developing world.
The future of an equitable and sustainable global ocean, or "Blue Economy," depends on more than the resources available for technological advancement and industry expansion. A recent study led by the University of British Columbia found that socioeconomic and governance conditions such as national stability, corruption, and human rights greatly affect the ability to …
Occidental Petroleum has split from some of its larger rivals by rejecting a potential US carbon tax, saying that it prefers the existing system of tax credits.
The United States and the United Arab Emirates will work together on coordinating finance to decarbonize the economy, a joint statement said.
The expansion of the Changhau wind project is part of Taiwan’s ambitious plans to bring the country’s overall capacity to 15.5 GW in 2035.
The duo also plan to develop and mature new technologies across the carbon-capture value chain.
The NeoLith pilot plant is on track to begin operations before the end of the year.
A new white paper reports that Houston is better poised than anywhere else in the US to play a far more significant role in reducing emissions from industrial sources.
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BP said it will remain a member of the American Petroleum Institute after the largest US oil and gas trade lobby group addressed some differences with the British energy company over climate change. -
SeaScope combines remote-sensing science, Earth-observation data, machine learning, and high-performance computing to provide information on sea-surface slicks for industries to strengthen situational awareness of the interaction between offshore assets, coastal facilities, local vessel activity, and the natural marine environment. -
The duo plans to launch projects that will lead to commercialization of applications and products, initially focusing on solid oxide fuel cell technology and lightweight gas-turbine technology. -
Shell cargo was deemed carbon-neutral because of offsets purchased by the LNG provider from the oil company’s global, nature-based projects.
