Sustainability
Sustainability in reservoir management emerges not from standalone initiatives but from integrated, data-driven workflows—where shared models, closed-loop processes, and AI-enabled insights reduce fragmentation and make sustainable performance a natural outcome.
This study ascertains the capital expenditure and operating expenditure associated with the reuse of existing facilities, specifically regarding a carbon capture and storage project being prepared in South Korea.
Of the total approved by ADNOC’s board, $50 billion will be invested in Canada under a framework agreement targeting projects in AI, energy, and mining.
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Natural gas delivered as LNG to growing economies in Asia has a strong role to play in achieving net zero in carbon emissions, and most of that gas will come from unconventional resources.
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The country’s Just Transition Summit, held in 2019, not only has set the groundwork for a stronger New Zealand on multiple fronts but also serves as an example for other countries and the international business community on how to create a shared roadmap for a sustainable society.
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The degree to which the world depends on oil and gas is not well understood.
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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.