sustainability

The sites with the most CO2 emissions to capture are often far from the best rock to sequester it, leading to design projects for transport ships.

The Oil and Gas Climate Initiative says its members’ absolute upstream methane emissions were down 40% since 2017. That’s equivalent to taking more than 3 million cars off the road for a year.

In a move seen as part of BP's shift away from fossil fuels, the company said it may stop releasing its Statistical Review of World Energy, which it first published in 1952.

Divesting from fossil fuel assets makes a big statement. Its impact, however, is murkier. Selling off an asset requires someone else to buy it, which, in the case of fossil fuels, can mean breathing new capital into the exact assets companies are trying to choke. But there’s another approach: running those assets into the ground.

H2 Industries says it has developed a way to convert gas that normally would be flared into clean hydrogen and solid carbon at the oil field.

This paper provides an overview of strategies, approaches, technologies, and tools that enable companies to prioritize social-good, natural processes and restoration of natural resources as part of business and operations.

Investors say they value a company’s data on sustainability almost as much as they value its financial data. They need to be able to trust it as much, too.

Carbon capture and storage continues to grow worldwide, according to a report released by the Global CCS Institute. The report reveals a record high of 196 commercial CCS facilities in the project pipeline, including 30 projects in operation, 11 under construction, and 153 in development.

The model of “learn at school and do at work” is outdated and must keep up with the changing environment of the Industrial Revolution 4.0. Petroleum engineering curricula, therefore, must also change accordingly. It is time to examine the core curricula being taught at petroleum schools so that long-term sustainability can be established.