Sustainability
A recent survey by consultancy firm Bain & Company found that, despite record clean-energy investments, executives cited financial constraints, shareholder hesitancy, and policy uncertainty as key obstacles to reaching net-zero carbon emissions.
Kuwait Petroleum’s managing director of planning and finance said that more investment will be needed to keep Kuwait’s mature oil fields flowing while production is brought on stream.
Transitioning to a low-carbon economy demands large-scale CO2, natural gas, and hydrogen storage. In this context, the application of AI/ML technology to uncover geochemical, microbial, geomechanical, and hydraulic mechanisms related to storage and solve complicated history-matching and optimization problems, thereby enhancing storage efficiency, has been prominently …
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With an increasing focus on clean energy, sustainable operations, emissions reduction, and data integration, the global energy landscape is evolving. Hence, overcoming HP/HT challenges is critical to ensuring energy security, optimizing production, and pacing our transition. -
This paper presents a comprehensive model of geothermal exploitation for depleted deep heavy oil reservoirs through supercritical CO2 injection.
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Geothermal systems, which rely on extracting heat from deep within the Earth, face many of the same technical challenges that oil and gas operators have tackled for decades. Geothermal development can be advanced efficiently and economically by applying proven oil and gas technologies.
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This study highlights how the recovery and reuse of existing hydrocarbon infrastructure can contribute to the diffusion of district-heating projects that implement the principles of the circular economy.
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The companies have announced they will work together to integrate geothermal well engineering and project delivery globally.
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A recent report from Wood Mackenzie highlights the role of natural gas in supporting renewables and reducing emissions.
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This paper presents collaborative initiatives instigated by of a global energy technology company with indigenous communities. The case studies presented in the paper have the goal of encouraging participation in the workforce as well as encouraging the development of environmental, sustainability, and educational programs.
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The energy world is rapidly changing. The pressure to address climate change, ensure reliable energy supplies, and manage costs is greater than ever.
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The plant is designed to capture up to 100,000 tonnes of carbon dioxide annually for the Netherlands-based sustainable energy supplier Twence.
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Wood Mackenzie reports that prices would need to rise, capital discipline would need to evolve, and spending would need to increase by 30% for the upstream sector to meet demand in a delayed energy transition scenario.
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