decarbonization
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The supermajor and service company that have long been partners on oil and gas projects said they are exploring new models to fit the energy transition. They also separately announced this week new plans to expand into the hydrogen market.
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Backed by Eni and BP, the two projects have been selected by the UK government to kick-start the country's effort to decarbonize industrial emissions.
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China will launch renewables-to-hydrogen projects in Inner Mongolia this autumn intended to transform the coal-bearing region into a renewables hub.
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The new partnership will look to stabilize the energy supply chain in an environment of change for the industry.
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The complete paper discusses a floating wind-turbine solution that is particularly cost-competitive for deepwater locations and that can unlock the possibility of deploying large wind-powered generators far from the coastline in deep water.
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Two former SPE presidents, Nathan Meehan and Darcy Spady, and SPE board member Johana Dunlop have contributed their thoughts on continued efforts toward decarbonization amid an oil price war and a global pandemic.
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When considering the energy markets and climate risks, the debate around the energy transition has shifted from when it will happen to what it will look like.
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The Technology Outlook report from DNV GL identifies three technologies that have the potential to decarbonize carbon-dioxide-heavy industries significantly by 2030: new battery storage chemistries, high-temperature heat pumps, and green hydrogen.
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Equinor has released its plan for eliminating carbon dioxide emissions in Norway by 2050, but it comes with some tall technical challenges.
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Climate change has brought the oil industry face-to-face with the enormous challenge of providing the world with a source of efficient and reliable energy while at the same time ensuring that CO2 emissions are mitigated.
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