carbon emissions

Experts from around the world highlight that, while natural gas has an important role to play in the energy transition, it is one that changes from region to region.

The planned LNG export facility will host a large carbon capture and storage project to enable the permanent geologic storage of more than 5 million tonnes of carbon dioxide per year.

The carbon tax endorsement was just one part of a broader plan the group said will be required to combat climate change.

The partnership aims to speed up the decarbonization of seven global industries representing 30% of global emissions, which include steel, trucking, shipping, chemicals, cement, aluminum, and aviation.

Senior oil and gas professionals see hydrogen as a significant part of the global energy mix by 2030.

In the US Energy Information Administration’s Annual Energy Outlook 2020 reference case, which assumes no new laws and regulations, US energy-related carbon dioxide emissions decrease through the early 2030s before increasing to 4.9 billion metric tons in 2050.

Equinor has joined other major European oil and gas companies by including emissions from the fuel it sells to customers in its carbon reduction targets as investors step up the pressure on fossil fuel producers.

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.

Even a robust adoption of electric vehicles in the next 2 decades would not eliminate the growth of either global oil consumption or carbon emissions, BP Chief Economist Spencer Dale said at the rollout of the company’s 2018 Energy Outlook.

The energy industry is in a rapid transition, with growing competitive pressures and the critical long-term need to reduce global carbon emissions, BP Group Chief Executive Bob Dudley said in introducing this year’s BP Energy Outlook.