Sustainability
The projects, funded during President Joe Biden's administration, totaled more than $3.7 billion.
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.
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The degree to which the world depends on oil and gas is not well understood. -
People and businesses alike are adapting processes and products to help ensure the activities we undertake and products we produce are sustainable for the future. Industrial lighting is no exception.
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Moji Karimi, CEO of Houston-based startup Cemvita Factory, talks about the status of oil and gas investments in the emergent technology arena of carbon capture, utilization, and sequestration.
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Companies join forces in carbon capture project near LNG facility.
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Kongsberg Digital, the digital branch of global technology company Kongsberg, recently joined in a strategic partnership with FutureOn, a global energy software company, to bring together their digital twin platforms for energy projects. Here, Kongsberg Digital’s sustainability lead, Brian Carey, explains how important digital twins are to sustainability in the oil an…
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Societal need and business opportunity are coming together to transform the way companies craft strategy, drive performance, and report results.
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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.
