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The Texas oil and gas company will trim its carbon footprint in the coming years by building on a low-carbon investment that already totals more than $10 billion.

The new deal will focus on developing Arctic onshore blocks in a region where a successful LNG project already exists.

Shale-based associated gas production is behind the phenomenon. When oil prices do not support production, associated natural gas production also stops, with little to no consideration of natural gas prices.

Texas’s main oil regulator has been prohibited from waiving environmental rules and fees, measures adopted to help drillers cope with the pandemic-driven slump in crude prices.

The country has announced that it plans to phase out all oil extraction by 2050.

The Great Plains Synfuels Plant in North Dakota has now captured 40 million metric tons of carbon dioxide, a milestone in the synthetic natural gas production facilities’ 20-year effort to lower the impacts of energy production.

The Houston-based exploration company will work with the Abu Dhabi National Oil Company if it strikes big in the vast onshore block.

The storage of CO2 under the seabed may add millions of tons per year to global carbon-capture totals. The finance and investment sectors are recognizing the value these projects may bring to portfolios aligned with achieving climate-change goals

The agreement takes 80% of Santos’ share of expected gas from Barossa annually for 10 years.

Fugro has opened a new remote operations center in Abu Dhabi that is already handling remote and autonomous projects in the Middle East and India.

A partnership between Saudi Aramco and Baker Hughes will build a plant where they will work to expand the uses of nonmetallic oilfield hardware, beginning with high-performance reinforced plastic pipe.

President-elect Biden and his administration likely will make significant changes to environmental, health, and safety rules and policies that will roll back Trump administration environmental actions and increase civil and criminal enforcement of environmental laws.