Sustainability
The meeting of leaders, experts, and stakeholders emphasized the urgency of addressing greenhouse-gas emissions to mitigate climate change and align with global sustainability goals.
The test marks a milestone in the Poseidon CCS project, which aims to store carbon dioxide in the depleted gas reservoir below the Leman development in the southern North Sea.
This paper shares learnings from building a corporate sustainability culture as an infrastructure for environmental and sustainability programs by identifying enablers and challenges common to oil and gas organizations, which are relatively advanced in their sustainability journey.
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Source Energie has been working to identify both medium- and long-term sites for development of floating offshore wind and now has come together with ERM Dolphyn to develop floating wind sites in the Celtic Sea that produce green hydrogen rather than electricity. -
With Russia’s invasion of Ukraine resulting in lower supplies to oil markets ahead of peak demand season, the International Energy Agency has released a plan that it says can cut global oil demand by 2.7 million BOPD, easing strains and price pain.
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New lease agreements have secured more than 700 million metric tons of potential CO2 sequestration capacity.
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Data science plays an increasing role in the fight against climate change. As we use data science to develop innovative solutions to climate change, we should be careful not to replicate, or worsen, existing inequities—or create new ones.
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The organization, formerly known as the Oil and Gas Technology Centre, will run its Open Innovation Programme starting on 16 March, focusing on seven technology areas.
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The energy transition and digitalization transition are not to be feared. While the rate of change will accelerate, very little of true value will be lost and the transitions instead offer a variety of incremental opportunities, especially for members of the production and facilities community.
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Skyrocketing demand for the commodity has created a lithium deficit that could slow the pace of the energy transition. Industry is scrambling to find new sources by opening new mines or devising new technologies to extract lithium from brines, including brines found in produced water from oil and gas operations.
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Pandemic gridlock, rerouting risk, and net-zero expectations are squeezing oilfield service companies into change.
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Not so long ago, defining green energy was straightforward: renewables. It may not have been quite that simple, but developing agreed-upon definitions based on science has become much more complex and contentious.
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The second-largest oil and gas producer in the US says the deal will help meet its goal to produce 100,000 B/D of renewable fuel products by decade's end.
