Environment
The urgency of methane emissions reduction in the oil and gas sector demands a strategic approach to change management. Success hinges on fostering a shift in industry mindset, where emissions reduction is embedded into operational design and decision-making rather than seen as a regulatory burden.
A revised biological opinion determined that the endangered species could go extinct without new precautionary measures.
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.
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Experts speaking at a climate conference in London noted that the technology to detect leakages from oil and gas has been ramping up in the past 5 years, making mitigation feasible.
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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 Biden administration seeks to cut the cost of enhanced geothermal systems by 90% by 2035.
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The Rosmari-Marjoram project will be developed utilizing subsea wells and solar power.
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This paper presents a summary of the results of a study of the potential for repurposing legacy oil and gas facilities in the Gulf of Mexico for uses in a blue economy.
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This paper presents 2 years of results from an ongoing multiyear initiative consisting of periodic, large-scale aerial methane surveys paired with ground crew inspection, validation, and prioritized repair.
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The $25 million is an initial grant from the recent Bipartisan Infrastructure Law passed last November.
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Among other things, Microsoft is making it possible for Exxon to analyze reams of oilfield data. Amazon is helping drillers run simulations to maximize how much oil they can pump from existing wells.
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Airborne emissions surveys of offshore oil and gas facilities are not as common as those done onshore. A recent study suggests that needs to change.
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Shell’s venture capital subsidiary has acquired Sprng Energy, one of India’s largest renewables platforms, thus tripling its operating wind and solar power assets.