EU
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Plans call for the Greensand project to store 400,000 tonnes of carbon dioxide annually, with the potential to store up to 8 million tonnes annually at full capacity.
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Since the start of the Ukraine war, Norway has replaced Russia as the top gas supplier to the EU and Britain by maximizing its pipeline capacity and LNG volumes through its interests in export facilities in Norway and the US, as well as regasification in Europe.
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The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
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This article from the SPE Methane Technical Section looks at how, as methane regulation becomes more consequential in global oil and gas trade, operators increasingly need emissions data that can withstand commercial scrutiny, regulatory review, and independent verification.
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Phase 1 of the lease agreements calls for 2D and 3D seismic over the blocks.
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Real-time wellhead monitoring aims to help Romania meet new EU methane emission regulations.
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Proving that green hydrogen can efficiently power steel pipe manufacturing could advance the EU’s plan to decarbonize its heavy industry by importing the sustainable fuel from North Africa after 2030.
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By initially ring-fencing Absheron’s gas for the domestic market, Azerbaijan will be able to export more of its overall gas production to Europe from across other projects.
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Europe is providing a stark look at the vagaries of geo- and energy politics and how quickly complacency can be shattered. Will its lessons learned be heeded by the rest of the world?
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By turning its back on Russian oil and gas, will Europe speed up or slow down its energy transition, and what will be the impact on global climate change?
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