energy transition

Seven years, and we’re on track to exceed the 1.5°C target established by the Paris Agreement in 2015 to limit global warming by 2030. Instead, we may be turning up the heat to 3.0°C. And in this case, doubling the wager does not hold potential for greater rewards. A recent report addressed the costs of technologies for emissions mitigation and their likelihood of mak…

New to the exhibit floor this year, the Energy Transition Pavilion will present advancements in alternative energy sources and the technology being developed to decarbonize, drive sustainability, and improve energy efficiency.

Many OFS companies have pulled away from the unconventional resources and redirected their efforts into alternate energy and clean technology. There is a limited bucket of money available for these companies to invest in new technology, and with every dollar diverted to ESG, those dollars are taken away from traditional technologies.

Today's high oil prices have not removed the memories of some top upstream executives about how swiftly boom-and-bust cycles can move, nor have they eroded their mission to lower carbon footprints.

The impact of COVID-19 on the global economy, and thus its oil and gas consumption habits, is seen as less severe in the supermajor's latest annual outlook.

Pandemic gridlock, rerouting risk, and net-zero expectations are squeezing oilfield service companies into change.

There are powerful indicators that the transformation of energy markets is accelerating, even though the world should not decrease its focus on stable oil and gas supply. Our industry will continue to play a strong role in the coming decades to provide sustainable energy.

Rodolfo Camacho-Velázquez identifies areas of opportunity for future reservoir engineers related to the technical challenges of increased production and recovery of complex conventional and unconventional reservoirs, the application of Fourth Industrial Revolution technologies in reservoir subdisciplines, and the energy transition.

Houston-based startup Cemvita Factory is launching a project to produce near-zero-carbon gold hydrogen by injecting oil-eating microbes into depleted crude reservoirs.

With oil prices on the rise and calls for an energy transition growing louder, it's easy to get mixed signals about the future of the oil and gas business. SPE's TD for Production & Facilities Bob Pearson outlines the way forward for the discipline.