carbon capture and storage

The companies will focus on research and development to reduce CO2 emissions and promote the circular economy.

Alberta carbon conversion challenge yields potential GHG reduction of millions of metric tons per year.

The Spanish oil and gas company says existing or foreseeable technologies will achieve at least 70% of its ambitious plan to shrink its carbon footprint.

The venture arm of the oil giant has put $5 million toward the parent company of Finite Carbon, a US-based company working on sustainable forest management to offset carbon emissions.

Panelists at the opening general session of the SPE Annual Technical Conference and Exhibition acknowledged the industry’s daunting challenge of meeting global demand while reducing its carbon footprint.

Large-scale investment in carbon capture and methane-emission reduction tops the agenda of the Oil and Gas Carbon Initiative, an organization led by chief executives of several major oil and gas companies.

Equinor Technology Ventures and OGCI Climate Investments have agreed to back the tech developer, which integrates its SeekIR miniature gas sensors onto drones to detect, localize, and quantify carbon emissions.

The UK’s leading oil and gas industry body says the industry can reduce emissions while meeting the region’s energy demand.

The Oil & Gas Technology Centre has announced it will create, in partnership with industry, a Net Zero Solution Centre to accelerate the development and deployment of technologies to decarbonize offshore operations and develop the UK continental shelf as the first net zero oil and gas basin.

It is “one of the world’s largest greenhouse gas mitigation projects ever undertaken by industry,” Chevron said in a news release.