Decarbonization
The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
This work describes a study in which distributed data parallel training, paired with a node-local caching pipeline, enabled efficient multigraphics-processing-unit scaling for a CO₂-storage graph-neural-network surrogate while maintaining generalization.
This work uses a novel pseudosteady-state-based simulation to reduce training-data-generation cost while maintaining high-performance predictions of data-driven proxy models for carbon-sequestration projects.
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The Technology Outlook report from DNV GL identifies three technologies that have the potential to decarbonize carbon-dioxide-heavy industries significantly by 2030: new battery storage chemistries, high-temperature heat pumps, and green hydrogen. -
In the past, carbon capture and sequestration seemed to be going nowhere. Today, according to the Global CCS Institute, 19 large-scale commercial carbon capture and sequestration facilities are operating around the world, 10 of which are in the US.
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Chevron Technology Ventures has joined a consortium in a $16-million investment in a company that provides portable carbon-capture technology.
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A new study will identify the UK’s best sites and produce a roadmap for carbon storage to help the country reach its net zero targets, geologists say.
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North Sea operators BP, Shell, and Total have begun an effort to fuel their platforms using sustainable power sources through a connection with Norway’s onshore power grid, which is driven almost wholly by renewable energy.
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BP says it is firmly committed to achieving the ambitious target of net-zero greenhouse gas emissions over the next 30 years—even if that means producing less oil and gas.
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In the US Energy Information Administration’s Annual Energy Outlook 2020 reference case, which assumes no new laws and regulations, US energy-related carbon dioxide emissions decrease through the early 2030s before increasing to 4.9 billion metric tons in 2050.
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ExxonMobil is planning to build and operate a carbon capture facility in southwest Wyoming, according to a permit application filed with the state's environmental regulatory agency in January.
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Carbon storage is perhaps the only viable option for reducing carbon to the levels that many governments have agreed are important, and EOR is the only proven technology that can be made ready in the time and at the scale required to accomplish this reduction worldwide.
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The Swedish oil and gas producer is aiming to produce 200,000 B/D while offsetting the entirety of its carbon footprint.
