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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Bill Gates’ TerraPower teams with Warren Buffett’s PacifiCorp to demonstrate the viability of carbon-free SMRs in Wyoming.
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As with large-scale carbon-capture projects in Europe and in the US, the Canadian oil companies say they will need various forms of government support to help realize the goals of the Paris Agreement.
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Texas-based independent exploration and production company Talos Energy and UK-based clean energy group Storegga Geotechnologies have formed an exclusive joint venture to source, evaluate, and develop carbon capture and storage (CCS) projects along the US Gulf Coast and in the Gulf of Mexico. Areas under consideration include state and federal waters offshore Texas, L…
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Finding creative ways to drive down the CAPEX and discounted OPEX and define a realistic pathway and schedule to full-scale commercial operations is discussed.
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The authors demonstrate how reservoir management and operational strategies can be used to optimize CO2 storage and oil recovery.
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As European majors push hard and fast to decarbonize energy and move into new and renewable sources, US majors are focusing on cleaner, more efficient hydrocarbons. Which approach and which companies will gain the upper hand?
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The facility would be the first of its kind in the US and is planned to be located in West Texas’ Permian Basin.
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The duo plans to launch projects that will lead to commercialization of applications and products, initially focusing on solid oxide fuel cell technology and lightweight gas-turbine technology.
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Green hydrogen is currently dominating the energy transition conversation. But will it dominate the future market for clean energy?
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The Swedish operator is using a $35-million tree-planting initiative to offset the estimated 98,000 BOED it produces from the Edvard Grieg field about 111 miles offshore Stavanger.