Sustainability
In 2022, Hess and the government of Guyana announced an agreement for the company to purchase 37.5 million REDD+ carbon credits directly from the government, one of the largest private-sector forest preservation agreements in the world. This paper explores the analysis of decarbonization pathways, voluntary carbon markets, and individual carbon offset projects that ul…
Kampala is drawing now on international experience to sidestep the “oil curse” before first crude flows from its Lake Albert developments.
If optimized to scale, fast fission reactors could play a role in reducing emissions in field operations by producing carbon-free electricity.
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The areas are expected to have the potential to supply 2.4 GW of clean renewable energy. -
This paper assesses the opportunity for an integrated and circular approach to developing the offshore energy sector for the energy transition. It evaluates how offshore wind, green hydrogen production, and heritage oil and gas expertise can be brought together to benefit all sectors to support a viable green hydrogen and wind economy.
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Through a swap transaction, the Norwegian major will take over full ownership of the Empire Wind project from BP while the British major will take full ownership of the Beacon Wind project.
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After becoming the first oil and gas major to source all its onshore grid electricity needs from nuclear and solar energy, ADNOC now focuses on decarbonizing production offshore.
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This paper aims to demonstrate the need for competency in a social performance skill group to support companies in human rights management.
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Fracturing companies can’t connect to the electric grid fast enough as they seek to reduce emissions, save costs.
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As the industry navigates a transition to more sustainable practices, environment, social, and governance principles serve as a compass for aligning business operations with the broader expectations of society and the investment community.
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Solar and natural gas surged last year in the US, while wind stumbled.
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Energy storage is essential to a clean electricity grid, but aggressive decarbonization goals require development of long-duration energy storage technologies.
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The year 2023 contained several important sustainability narratives and trends. Three key ones are the anti-ESG movement, China’s acceleration of a clean economy, and the rise of reporting regulations.
