Sustainability
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2025 has seen an 81% year-on-year rise in the number of small modular reactor designs to have secured at least one source of funding or a funding commitment.
A newly formed global coalition, Carbon Measures, aims to develop a ledger-based carbon accounting framework and champion market-based solutions to drive emissions reduction.
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Chevron Technology Ventures has joined a consortium in a $16-million investment in a company that provides portable carbon-capture technology. -
BP says it is firmly committed to achieving the ambitious target of net-zero greenhouse gas emissions over the next 30 years—even if that means producing less oil and gas.
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The group’s mission is to end human trafficking by preventing exploitation, educating the community, and empowering survivors.
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While renewable energy sources are poised to see major growth, possibly displacing natural gas as the top source of electricity in the US, hydrocarbon production will remain above or near current historical highs until at least 2050.
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A mobile exhibit highlighting the risks and dangers of human trafficking in the oil and gas industry is part of an increased effort by the industry to combat human trafficking, a euphemism for modern-day slavery of forced labor and prostitution.
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Deirdre Michie, chief executive for OGUK, and David Clark, Lloyd’s Register’s energy director, discuss how OGUK’s Roadmap 2035 is being delivered to help achieve net zero greenhouse-gas emissions and what is required with regard to policy, people, and technology.
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Subsea 7 and Eidesvik Offshore have been awarded the 2019 Environmental Sustainability Award from the International Marine Contractors Association in recognition of their efforts to reduce vessel emissions and improve energy efficiency.
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The company said its goals underscore its strong environmental, social, and governance performance as it responds to rising global energy demand. In addition, it said, the goals are aligned with the United Nation’s Sustainable Development Goals.
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A new joint study will test the economic viability of taking CO2 from a cement plant and giving it to an oil company to pump underground.
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BP says it will supply Amazon Web Services with 170 MW of renewable energy, the equivalent of powering 125,000 homes each year.
