Energy transition
Petroleum engineers have important roles to play in the future energy for the world. Among these are using our traditional concept of producing oil and natural gas as we are doing now and will need to continue to do for decades to come; using our competencies to address the challenges of climate change; and helping to develop additional forms of energy that do not add…
Houston-based startup Cemvita Factory uses its hydrogen-producing microbes downhole to considerably lower the cost of hydrogen production.
Long recognized as a pillar of US energy production, deepwater Gulf of Mexico could help provide the resources the world needs during the energy transition.
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The partnership of Subsea 7 and Flasc has a plan to use out-of-service pipelines as pressure vessels in a hydro-pneumatic energy storage concept. -
The assumption of lower emissions from natural gas only holds true when the methane leaks and flaring are addressed. Mitigation of methane emissions offers an opportunity for the oil and gas industry to drastically reduce overall emissions that are typically reported on a CO2-equivalent basis. Some producers opt to showcase their good performance via voluntary certifi…
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Partnerships flourish in offshore wind, while Equinor expands its renewables drive and solar companies in the US come together to shore up the supply chain ahead of increased demand.
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The consequences of the Ukraine conflict could accelerate Germany's green energy transition despite Berlin's decision to reconnect coal-fired power plants to compensate for falling fossil fuel supplies from Russia, a study showed.
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Using CO2 as the geothermal power fluid to generate electricity from low-temperature abandoned hydrocarbon wells can help reduce well costs and optimize energy production. In this paper, a previously developed coupled well/reservoir model is extended to study the effects of fluid properties on thermal output.
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As the world tries to shift to renewable energy, the war in Ukraine has underscored the struggle for the minerals and metals required. The conflict illustrates that nations that pursue net-zero strategies will have to contend and account for “greenwalls,” energy-transition deterrents created by crises or geopolitical events.
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The company has renamed itself Orrön Energy and will be a pure-play renewables business. Lundin's E&P business was transferred to Aker BP, closing a $14-billion deal announced in December 2021.
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Energy transition in the UK will require absolute commitment to projects and deadlines. A slower pace of the development of energy transition projects will be less able to support the supply-chain critical mass so essential to reaching net zero.
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The deal with Manulife gives Oxy unit 1PointFive access to 27,000 acres of subsurface pore space for carbon sequestration.
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The second plenary session at URTeC this week highlighted the stark reality of both knowns and unknowns oil companies must face in the race to a carbon-free future.
