Sustainability
The report says the capacity of renewables in the region is set to grow tenfold by 2040 as electricity demand and new sectors drive rapid solar and wind expansion.
This study identifies critical knowledge gaps in wellbore integrity and underscores areas that require further investigation, providing insights into how wellbores must evolve to meet the technical demands of the energy transition.
This study illustrates the new capabilities, tailored for carbon-dioxide storage applications, of a modeling framework that provides a quantitative, risk-based assessment of the long-term integrity of legacy plugged and abandoned wells.
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The world’s largest emissions trading market will probably start slowly. -
Shell signed a 5-year contract to supply PetroChina with carbon-neutral LNG using carbon credits to offset emissions from Shell’s own emission-reduction project portfolio.
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With a boom in offshore wind construction expected to start in 2025, Subsea 7 is dealing now to grab a larger share of this burgeoning sector.
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The authors write that the road to decarbonization will involve several technologies working in concert, not the use of only one at the expense of others.
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The author shows that renewable energies are best used in replacing fossil fuels in the power sector, where it has the most effect in reducing CO2 emissions.
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The oilfield service giant said its plans to decarbonize are inclusive of Scope 3 emissions, or the emissions generated when customers use its technologies.
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The US producer is aiming for net-zero greenhouse-gas emissions related to both Scope 1 and Scope 2 categories over the next 3 decades.
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Norway appears to be taking a dual approach to energy transition. In its just-released energy white paper, the Norwegian government says it is committed to producing renewable energy and bolstering its power grid but isn’t willing to halt development of its oil and gas resources.
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Texas-based independent exploration and production company Talos Energy and UK-based clean energy group Storegga Geotechnologies have formed an exclusive joint venture to source, evaluate, and develop carbon capture and storage (CCS) projects along the US Gulf Coast and in the Gulf of Mexico. Areas under consideration include state and federal waters offshore Texas, L…
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Robert K. Perrons, a professor at the Queensland University of Technology in Brisbane, recently addressed the United Nations on the role of oil and gas in the global energy mix.
