Environment
TotalEnergies signed off for 30% operated stakes in the Lang Lebah and B14 gas fields offshore Sarawak on the sidelines of ADIPEC in Abu Dhabi, while also highlighting methane-reduction partnerships in Angola, India, and Southeast Asia.
DNV notes that energy and industrial process-related carbon emissions will have dropped by 2050 by only 44% from today’s level, not even halfway to the net-zero pledge envisioned by the Paris climate agreement.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
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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.
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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.
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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.
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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.
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In a 12-0 vote, the Los Angeles City Council approved an ordinance that will immediately ban new oil extraction and shut down existing operations within 20 years. The historic decision comes after years of complaints by residents about how pollution from nearby drilling has caused them health issues.
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The Seaeye Falcon underwater robot is being used in the decommissioning and repurposing of an oil rig offshore Angola.
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The new listing aims to prevent further loss of habitat for the flamboyant, stocky birds, which have drastically dwindled in population.
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A recent mission that saw the robot submarine Autosub Long Range, better known as "Boaty McBoatface," explore and visually map end-of-life oil fields has been hailed as a success.
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Data from member companies reveals an increased intensity in greenhouse-gas emissions for 2021. And, while flaring increased, too, long-term trends on that practice are clearly moving downward.
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Built to help scientists understand how dust affects climate, the Earth Surface Mineral Dust Source Investigation can also pinpoint emissions of the potent greenhouse gas.