Energy transition
The oilfield service company will supply power plants capable of electrifying 180,000 US homes with geothermal energy.
The fifth edition of the SPE Europe Energy GeoHackathon, beginning on 1 October, focuses on how data science can advance geothermal energy and drive the energy transition.
Big oil companies are backing direct lithium extraction while the market flashes warning signs.
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Equinor has agreed to align its business model with the goals of the 2015 Paris climate accord and will review its corporate lobbying policy and the carbon intensity of its products, the company said. It will also link executive pay to climate-related targets.
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We are in the midst of an energy transition: the world is moving quickly and inevitably away from “dirty” fossil fuels to “green” solar, wind, and batteries.
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When worldwide oil and gas consumption reached record levels yet again in 2017, SPE members were there when it counted, helping to generate more light and power for billions of people across the world.
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In the JPT issue celebrating SPE’s 50th anniversary, John C. Calhoun addressed how distinctive petroleum engineering is from other engineering disciplines.
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JPT asked several active SPE members about the appeal of petroleum engineering, the significance of the work they do, and what the future may hold. Here are some of their answers.
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BP’s latest annual energy outlook considers many scenarios for the future, and they all require engineers to find a lot more oil to meet high demand.
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SponsoredWhat does it take to succeed in the new energy ecosystem? In this short video, experts including Charles McConnell, former US Assistant Secretary of Energy and Preben Strøm, Managing Director Subsea Valley share their views on why innovation and collaboration are critical. Watch it now.
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Gas is forecast to overtake oil as the world’s primary energy source in 2026. LNG, with capacity expected to double by the late 2040s, will connect the shifting sources of gas with changing demand centers.
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SponsoredThe oil and gas landscape is changing… Innovation to transform the energy future is a new Guide from ABB which addresses the challenges faced by operators as they embrace a new energy ecosystem and gives advice on how to use digitalization to make the transition.
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Even a robust adoption of electric vehicles in the next 2 decades would not eliminate the growth of either global oil consumption or carbon emissions, BP Chief Economist Spencer Dale said at the rollout of the company’s 2018 Energy Outlook.