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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BHP announced a 5-year, $400-million Climate Investment Program to develop technologies to reduce emissions from its operations as well as those generated from the use of its resources. -
In recent years, some effort has been made to use EOR techniques, particularly CO2 injection, to extract additional oil and gas from unconventional resources. This has the potential to change the dynamics (again) of oil production from these tight and difficult reservoirs.
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The oil industry is investigating carbon capture and sequestration projects after Congress passed expanded tax credits last year. But questions linger about how much industry investments will actually lower greenhouse gases.
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A bipartisan group of senators introduced a bill to increase federal funding toward developing carbon capture technology while also committing to fossil fuel use.
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The US Department of Energy has announced up to $20 million in federal funding for cooperative agreements that will help accelerate the deployment of carbon capture, utilization, and storage.
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The investments highlight the first significant collaboration between the air-capture field and energy industry leaders.
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IPIECA, the oil and gas industry association for environmental and social issues, has released a new fact sheet in an effort to promote carbon capture and storage.
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The most recent report from the United Nation’s Intergovernmental Panel on Climate Change and December’s international conference on climate change held in Katowice, Poland, show that the world is not coming close to reaching the targets set in the landmark Paris Agreement of 2015.
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The Acorn Project will capture about 200,000 tonnes of carbon dioxide from the St. Fergus Gas Terminal and transport it for storage to one of three depleted gas fields using existing pipelines.
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Some of these technologies can be deployed now, but additional ones are needed to meet climate goals.
