Decarbonization
EERC CEO Charles Gorecki outlines how applied research in North Dakota is helping improve oil recovery, reduce emissions, and advance carbon storage.
This article is the fifth in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this edition, Shantanu Agarwal, founder and CEO of Mati Carbon, discusses how the company’s approach to carbon removal led to winning the Musk Foundation’s XPRIZE in 2025.
The report from the Oil and Gas Climate Initiative presents data showing that its 12 member companies have reduced aggregate upstream methane intensity by 62%, routine flaring by 72%, and carbon intensity by 24% since 2017.
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The two companies said they will evaluate the possibility of a joint venture to develop a direct air capture hub in South Texas, with XRG considering investing up to $500 million. -
The plant at Heidelberg Materials’ cement facility in Brevik, Norway, has captured its first 1,000 metric tons of carbon dioxide.
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The times are changing and so are our industry’s prospects, as hydrocarbons are now recognized as cardinal to affordable energy security for the conceivable future. But, in avoidance of suspense, the answer to the headline question is “absolutely.” Here we look at the rationale why.
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Situated at the entrance to the Persian Gulf, Marsa LNG will anchor the Middle East’s first bunkering hub when it drops its first product in 2028.
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The vessel is expected to be delivered by the end of the year, while the project's new port in Esjberg is on target for completion this autumn.
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The agreement calls for approximately 2.3 million metric tons of carbon dioxide to be securely stored per year at 1PointFive’s Pelican Sequestration Hub in Louisiana.
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The 2025 update to SPE’s CO₂ Storage Resources Management System (SRMS) is now available. Following a 2-year review, the updated framework—endorsed by six professional societies—builds on the original 2017 system to support consistent classification, evaluation, and reporting of CO₂ storage resources. A key change in the 2025 SRMS Update is the inclusion of CO₂ EOR as…
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The UK North Sea Transition Authority has awarded the required permits for the East Irish Sea project, and the project has reached financial close. The carbon capture and storage project is expected to receive its first carbon dioxide in 2028.
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The full potential of data can only be realized when it is viewed not in isolation but as part of the dynamic triad of hydrocarbons, the data, and the people who interpret it and act on it.
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The meeting of leaders, experts, and stakeholders emphasized the urgency of addressing greenhouse-gas emissions to mitigate climate change and align with global sustainability goals.
