Sustainability
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.
The plant at Heidelberg Materials’ cement facility in Brevik, Norway, has captured its first 1,000 metric tons of carbon dioxide.
The times are changing and so are our industry’s prospects, as hydrocarbons are now recognized as cardinal to affordable energy security for the conceivable future. But, in avoidance of suspense, the answer to the headline question is “absolutely.” Here we look at the rationale why.
-
As we continue to reduce our reliance on fossil fuels, we risk becoming more vulnerable if we don’t start associating climate resiliency with cyber resiliency. -
Data collected from programs such as Energy4Me and the PetrolCopa Reto Escolar in Colombia have been analyzed to show how data science can improve the methodologies used by the data center of the SPE Colombian Section to improve the relationship between the industry and local communities.
-
The SPE Annual Technical Conference and Exhibition kicked off with an in-depth discussion of the challenges facing the oil and gas industry, including the energy transition and the industry’s role in it.
-
Sustainability has become the new corporate imperative. Companies have begun doing their homework, diligently setting up a number of initiatives. This is a good starting point, but too often, firms are unable to systematically scale these efforts to achieve a more transformative outcome.
-
The SPE Colombia Section, through analysis of data obtained in several studies, identified a lack of soft skills in the country’s young professionals in the energy sector. As a result of the analyses, a project was designed to improve these skills through various activities and keynotes.
-
The Biden administration seeks to cut the cost of enhanced geothermal systems by 90% by 2035.
-
The Rosmari-Marjoram project will be developed utilizing subsea wells and solar power.
-
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.
-
The authors of this paper describe a system that enables the storage of renewable power while allowing for the optimization of time and expenditure for decommissioning of existing infrastructure.
-
The authors of this paper describe a holistic approach toward integrating alternative fuels and novel prime movers into life-cycle performance of offshore vessels.
