decarbonization

Chevron CEO Mike Wirth urges more optimistic and balanced conversations regarding the energy transition.

A recent report from the North Sea Transition Authority says the industry has delivered a 4% decrease in emissions in 2023, a fourth consecutive year of reductions, but warns operators not to be complacent.

The Permian’s produced-water challenge presents an opportunity for innovation to pave the way toward a more sustainable future for the industry.

An economic analysis of a wellbore methodology in natural gas fields that uses gasification of methane within the wellbore (not within the reservoir) for hydrogen production while incorporating simultaneous sequestration of carbon. This new methodology offers significant energy and cost savings in addition to zero carbon being produced to the surface.

The plant is designed for a capture capacity of up to 36,000 tons of CO₂ per year once in full swing by filtering CO₂ from the air and storing it permanently underground. The company is also developing multiple megaton hubs in the US.

The updated joint development agreement allows the companies to carve out new markets while they complete pilot testing at a demonstration plant in the Netherlands.

A pilot project will explore onboard carbon capture for container ships, and two heavy-hitters are teaming up to find decarbonization paths in the Asia Pacific region. Elsewhere, wind and solar are on track to pass coal in the race to generate electricity.

For today’s oil and gas companies, digital twins offer untapped potential to decarbonize the leading source of their emissions—field production.

An increased focus on energy security and the effects of progressive policies and gridlock in decarbonization technology are a few of the key takeaways in DNV’s 2023 Energy Transition Outlook.

The two oil producers said they may invest in industrial-scale direct air capture and other decarbonization projects in both the UAE and US.