energy efficiency

Energy efficiency is crucial for the oil and gas industry, where operational costs and environmental impact are under constant scrutiny. Predicting and managing electrical consumption and peak demand accurately, especially with the variability of weather conditions, is a significant challenge. This work presents a neural network model trained on historical weather and…

BP’s 2024 Energy Outlook warns delayed decarbonization efforts will result in costly and disorderly energy transition.

The authors of this paper describe a system that enables the storage of renewable power while allowing for the optimization of time and expenditure for decommissioning of existing infrastructure.

Although energy efficiency has long been mentioned as a means toward achieving Paris Agreement goals, the “more exciting” announcements about carbon capture and storage grabbed attention. Will concerns about energy security and high prices help bring it to the forefront?

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.

This paper discusses novel technologies for increasing the energy efficiency of offshore oil and gas platforms. Three case studies are in progress that are based on actual oil-producing platforms—two on the Norwegian Continental Shelf (NCS) and one in the Brazilian basin.