Environment
The Oil and Gas Climate Initiative (OGCI) and nonprofit Carbon Mapper announced they are teaming up to launch a new collaboration aimed at accelerating practical and measurable reductions in methane emissions from the oil and gas industry.
The tools to reduce flaring are well within reach, but the results will depend on a long-term commitment by operators and governments.
Geothermal development is gaining steam and entering a transformative era, driven by breakthroughs in adapting and improving on engineering, drilling, completion, and production technologies to the efficient extraction of heat from the Earth.
-
The proposed sale notice consists of more than 300,000 acres in three designated areas offshore Louisiana and Texas. -
Wood Mackenzie said "advantaged barrels" that are cheap to extract and with low emissions represent less than a third of untapped resources.
-
Recently published research suggests that carbon dioxide stored underground will stay there for millions of years.
-
Because diversity of aquatic animals is an indicator of safe and environmentally friendly operations, a pilot system has been launched that uses an underwater camera and artificial intelligence to observe aquatic animals around a platform.
-
Industry consortium pilot project successfully demonstrates the significant potential of satellite technology in methane emissions detection and mitigation.
-
Although 2022 did not match 2021’s record of over 19.5 GW of online capacity, 2022 witnessed the second highest amount of global online capacity with almost 8.5 GW. Final investment decisions (FIDs) were taken on over 11.5 GW of projects, making it the fourth highest year for FIDs.
-
The University of Texas at Austin will be home to a multidisciplinary research and education initiative, the Energy Emissions Modeling and Data Lab, which aims to address the growing need for accurate, timely, and clear accounting of greenhouse-gas emissions across global oil and natural gas supply chains.
-
The past year has been a challenging one for companies on the ESG front. Overlapping environmental, social, and political crises—from flooding and wildfires to the first war in Europe in 80 years—have made the jobs of leaders that much harder.
-
Satellite imaging of methane emissions offers the fossil fuel industry the empirical data it needs to fix problems that companies might not even know they have before the EPA starts to levy fines in 2024.
-
Roughly 190 nations, aiming to halt a dangerous decline in biodiversity, agreed to preserve 30% of the planet’s land and seas. The United States is not officially a participant.
