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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Petronas and PTTEP executives spoke at a virtual symposium about their companies’ commitments to reduce carbon and their work toward a sustainable energy future. -
US taxpayers, investors, and the American energy sector applaud long-awaited, final regulations on the CCS tax credit. The final rules provide needed clarity on how to qualify for and use the credit.
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Russia flares more associated gas from oil production than any other country on the planet. But Russian major Gazprom Neft may have found an ecofriendly alternative: turning flare gas in West Siberia into electricity to fuel the mining of cryptocurrency.
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The first phase of the project is set for completion in 2024. As a part of the project, Equinor, Shell, and Total will establish a new joint-venture enterprise. Equinor has awarded two EPC contracts.
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The Great Plains Synfuels Plant in North Dakota has now captured 40 million metric tons of carbon dioxide, a milestone in the synthetic natural gas production facilities’ 20-year effort to lower the impacts of energy production.
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The storage of CO2 under the seabed may add millions of tons per year to global carbon-capture totals. The finance and investment sectors are recognizing the value these projects may bring to portfolios aligned with achieving climate-change goals
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The first seminar looks at carbon capture, utilization, and storage as a way to achieve net-zero emissions. The second looks at the Methane Guiding Principles and its efforts to address methane throughout the natural gas supply chain.
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The new tool offers global insights for tracking the progress in the transition to low-carbon energy systems.
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To reach their targets for carbon neutrality, many oil and gas producers are investing in other energy industries. This US company will instead get there by investing more in its oil fields.
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As part of the agreement, Baker Hughes will accelerate the development of Compact Carbon Capture’s technology, aiming for global commercial deployment.
