decarbonization

The two companies have agreed to develop a carbon capture and storage supply chain to funnel carbon dioxide produced by German industry into storage deep beneath the Norwegian Continental Shelf.

The second plenary session at URTeC this week highlighted the stark reality of both knowns and unknowns oil companies must face in the race to a carbon-free future.

The center will develop innovations for renewable-energy technology and the low-carbon future and will bring together and support research of faculty in the energy, materials science, data science, and artificial-intelligence fields.

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.

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.

China will launch renewables-to-hydrogen projects in Inner Mongolia this autumn intended to transform the coal-bearing region into a renewables hub.

The new partnership will look to stabilize the energy supply chain in an environment of change for the industry.

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.

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.

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.