Sustainability
The French oil and gas giant has decided to pull out of Myanmar following a coup that took place in early 2021.
The largest oil company in the US said it's prepared to make a $15-billion down payment to achieve net-zero operational emissions by 2050.
Grants have been offered to four separate pilot-style projects in order to test the geothermal potential of old oil and gas wells.
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Societal need and business opportunity are coming together to transform the way companies craft strategy, drive performance, and report results. -
In direct response to investor demand, more companies are incorporating environmental, social, and governance (ESG) metrics in their performance compensation for their executives, according to a report by Haynes and Boone. Investors want to see that executives are incentivized to implement ESG strategies.
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A recent Rystad analysis suggests well spending is set to increase from an expected $1 billion in 2021 to $3 billion in 2026.
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As COP26 looms, the International Energy Agency says governments must send an “unmistakable signal” about clean energy ambition and action if the world wants to avoid the worst effects of climate change.
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Winners of the triennial awards will be announced at the 23rd World Petroleum Congress in Houston.
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With environmental, social, and governance (ESG) funds on a dramatic incline, an incline expected to continue going forward, it seems inevitable that regulatory reform is on the horizon. Europe has been leading the charge in the incorporation of ESG considerations into its regulatory framework. As we look to gauge what type of regulatory reform might be around the cor…
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While ESG is perceived by some to be—and can be—difficult to implement, and it may seem like a profit-killer, the irony is that, for most companies that implement ESG programs, including those within the oil and gas industry, it has the opposite effect.
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Electric-powered fracturing fleets looked impressively resilient in 2020 amid what was otherwise a significant collapse for the hydraulic fracturing sector. Today, the situation is more complicated.
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Two Houston-based blockchain technology companies—Data Gumbo and Topl—are collaborating to help corporations report timely and accurate environmental, social, and governance (ESG) data, including performance and proof of progress on metrics, while protecting sensitive data.
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Chevron recently pledged to triple to $10 billion its investments to reduce its carbon emissions footprint through 2028, while saying it was not yet ready to commit to a 2050 net-zero emissions target.
