Decarbonization
A DNV report on decarbonization says the Middle East and North Africa region is expected to become the world’s largest hydrogen exporter by 2060 while maintaining a dominant position in global oil and gas markets.
A final investment decision is also expected by the end of the year for the company’s first low-carbon data center project.
The North Sea Transition Authority has updated its UKCS Well Applications and Consents Guidance to include the process for applying for consent to drill carbon-storage wells.
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Carbon capture and storage, with the potential for usage, will be crucial if the world is to prevent global warming. While Norway has been injecting captured CO2 in saline aquifers since the mid-1990s, there has been no attempt, and no plans exist, in Europe to use CO2 for EOR. Why not? -
A new 1.0 Bcf/D facility in Baytown, Texas, is expected online no later than 2028.
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Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and carbon capture, utilization and storage infrastructure, Rystad Energy research shows.
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A big jump in the tax incentives offered for putting CO2 in the ground, hopefully forever, has set off a mad rush to sequester CO2. But is that really the best option?
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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.
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At a time when there are many models vying to be the one used to evaluate and plan carbon storage sites, the US Department of Energy wants to test one developed by SPE members.
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A critical challenge for those designing carbon dioxide storage sites is predicting where the injected gas will go. One of the only sure bets is to assume that any model of a gas plume that looks symmetrical is likely wrong.
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ADNOC lays out a $15-billion installment in its long-term plan to reduce its carbon footprint.
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Satellite imaging of methane emissions offers the fossil fuel industry the empirical data it needs to fix problems that companies might not even know they have before the EPA starts to levy fines in 2024.
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Oil and gas companies play important roles in the global push for energy security and carbon reduction. Here’s how they can excel at both.
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