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.
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The company has renamed itself Orrön Energy and will be a pure-play renewables business. Lundin's E&P business was transferred to Aker BP, closing a $14-billion deal announced in December 2021. -
Chevron assets in Texas and Colorado have earned high marks for control of methane emissions under a pilot program with Project Canary, paving the way for its sale of responsibly sourced gas.
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Tellurian awarded a contract that will result in the first application of the service provider's integrated compressor line technology in North America.
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Petroleum industry engineering and geoscience professionals must evolve both to meet the challenges of the energy transition and to continue to provide the feedstock for hydrocarbon-based products needed for a stable and robust economy. Petroleum engineering schools and geoscience programs have the opportunity to expand education and equip people with the critical exp…
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Gentari aims to develop and deliver conventional renewable energy, hydrogen, and electric vehicle solutions in Asia Pacific and beyond.
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Will CO2 storage resources increase the valuation of oil and gas companies and counterbalance environmental, social, and governance pressure?
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What effect is ESG having on companies involved in the chemical supply chain, and how will they look going forward?
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The electric vehicle industry is creating a “dot-com” boom around the energy transition, spinning off a multitude of startups as it creates its own supply chain of new technologies in battery manufacturing.
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The perception of the petroleum industry is not currently a good one. So, if that sentiment can be measured, can it be improved? The SPE Sustainable Development Technical Section believes it can by SPE members thinking like activists yet acting like engineers. Data collection and analysis are key to determining what really matters.
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With aggressive net-zero goals hanging overhead, countries are looking to fast-track low-carbon energy projects, and many are including nuclear in the mix.
