Sustainability
Opening day remarks from President Mohamed Irfaan Ali framed fossil fuels and renewables as parallel systems amid rising demand and structural supply pressures.
Experts and industry leaders gathered in The Woodlands, Texas, recently to sift through the challenges of carbon capture, utilization, and storage. The puzzle is coming together, but some critical pieces are still needed before the results look like the picture on the box.
The chair of the SPE Georgetown Section outlines how balanced, apolitical dialogue can support development amid rapid energy expansion.
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With one of the world’s lowest electrification rates, Mozambique is moving to give its citizens a brighter future. Together with South Africa’s Sasol, the country endeavors to attract global EPCM companies and international financing to create a power generation hub fueled by gas from onshore fields. -
The Texas oil and gas company will trim its carbon footprint in the coming years by building on a low-carbon investment that already totals more than $10 billion.
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The country has announced that it plans to phase out all oil extraction by 2050.
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Petrobras is pledging a 25% cut in carbon emissions by 2030, but that hasn’t stopped Chief Executive Officer Roberto Castello Branco from dismissing pledges by peers to completely neutralize their carbon footprints 2 decades later.
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Companies, investors, and consumers alike are frustrated by a lack of standardized accounting for corporate ESG performance. This might be about to change thanks to a recent proposal from the IFRS Foundation, which is the body that oversees the work of the International Accounting Standards Board.
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The scope of the complete paper is limited to the 14% renewable energy target in transport and its possible effect on the Middle East.
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The oilfield service company said it expects to set emissions-reduction targets by next year to meet the goals of the Paris Accord.
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A Norwegian shipping company is eyeing smaller battery energy storage systems to design and develop greener heavy-lift jackups.
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Extending and transferring the high-temperature capabilities of existing E&P technologies could make geothermal energy development possible—and scalable—anywhere in the world.
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The companies say they will expand their existing technology collaboration to create and deliver solutions to help customers, suppliers, and other businesses lower emissions.
