decarbonization

The times are changing and so are our industry’s prospects, as hydrocarbons are now recognized as cardinal to affordable energy security for the conceivable future. But, in avoidance of suspense, the answer to the headline question is “absolutely.” Here we look at the rationale why.

The meeting of leaders, experts, and stakeholders emphasized the urgency of addressing greenhouse-gas emissions to mitigate climate change and align with global sustainability goals.

The study uses laboratory and digital core analyses of Berea sandstone to estimate petrophysical and dynamic properties for adjustment of predicted precipitation and flow reduction in reservoir simulation models of intermittent CO₂ injection with aquifer drive.

A new modeling tool examines the pathways and technology necessary for California to reach carbon neutrality economywide by 2045.

The institute is tasked with accelerating the deployment and scaling of cost-effective climate technology.

The upstream oil and gas sector alone could cut as much as 4% of global greenhouse-gas emissions, according to a report from McKinsey. But this will take worldwide cooperation among industry players and capital investors.

DNV has certified the feasibility of ADNOC’s West Aquifer carbon dioxide storage site in the UAE, marking a significant milestone in the Middle East’s carbon capture and storage efforts.

As the initiative expands to include Oil India Limited, PetroChina, and Vår Energi, it identifies a need for standardized methodologies to enhance data quality and consistency.

Speaking at this year's ADIPEC, leaders from BP, Shell, Petronas, ADNOC, and Eni said the energy transition must become profitable and that AI will likely play a key role.

Collaboration and technology will help the industry meet its toughest challenges, experts said during the opening session at ATCE.