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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ExxonMobil has initiated front-end engineering design studies to determine the feasibility of developing a South East Australia carbon capture and storage hub in the Bass Strait, where some of Australia’s oldest offshore oil and gas fields are to be decommissioned. -
MIT scientists hope to deploy a fleet of drones to get a better sense of how much carbon the ocean is absorbing and how much more it can take.
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The decision comes after an environmental review showed that the floating production, storage, and offloading vessel-based development was unlikely to cause negative environmental effects.
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The company, which runs a marketplace for commodities with the consideration of environmental, social, and governance (ESG) factors, will register crude produced by Lundin Energy with the help of certification company Intertek.
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The oil giant launched its Bakken crypto pilot in January 2021 and now is considering expanding it to Nigeria, Argentina, Guyana, and Germany, according to people familiar with the matter.
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Is it possible for an extractive industry like oil and gas to not only improve efficiency and reduce negative impacts, but also leave operations sites and surrounding areas in a better state than they were found? Much of the public debate revolves around climate change, but measures of ecosystem resilience are dropping precipitously. Why should we care?
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The newbuild vessel will be used in partnership with Kirby Offshore Wind on the Empire wind farm off New York.
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An analysis by researchers from Stanford University found leaks of methane from oil and gas drilling in the Permian Basin were many times higher than government estimates.
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This paper presents the development and test of a method to predict upstream events that could lead to flaring, applying an integrated framework using machine-learning and big-data analytics.
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The DOI guidance explains how states can apply for the first $775 million in grant funding available this year under the Bipartisan Infrastructure Law to create jobs cleaning up polluted and unsafe orphaned oil and gas wellsites across the country.
