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.
As cutting-edge technologies unlock geothermal potential, Japan is channeling investments into powerhouse projects across the US, Indonesia, and New Zealand and priming its own reserves for a clean energy boom at home.
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.
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Service firms are diversifying their portfolios, in part driven by large-scale budget cuts among operators since the industrywide downturn. -
Equinor and the Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen offshore wind farm development. By reducing the use of gas turbines, the project helps cut CO2 emissions by more than 200,000 tonnes/year.
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Italian oil major Eni formally committed not to perform oil and gas exploration and development activities within the boundaries of natural sites included in the UNESCO World Heritage List.
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The 100-year-old service company has joined the effort to achieve net-zero carbon emissions over the next 30 years. The move follows similar companywide efforts by BP and Shell.
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Nearly 168 million people in India lack access to electricity. And, for millions more connected to the grid, the reliability and affordability of electricity remains patchy. Now, Shell has secured a nearly 20% stake in the Bangalore-based solar firm Orb Energy.
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Nanotechnology has great potential to reduce cost, increase production, and even improve the sustainability of E&P operations. But, where do we stand in terms of potential vs. reality? And, is the industry ready and willing to use the technology?
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The 16-MW solar facility in Ector County, Texas, near Odessa, powers the Goldsmith field through deployment of 174,000 photovoltaic panels.
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Panelists at the opening general session of the SPE Annual Technical Conference and Exhibition acknowledged the industry’s daunting challenge of meeting global demand while reducing its carbon footprint.
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To solve the world’s biggest challenges, such as climate change and inequality, the business community will have to play a critical role. Last month, nearly 200 CEOs declared that the purpose of business is no longer just maximizing shareholder profit. But are they ready to follow through?
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The UK’s leading oil and gas industry body says the industry can reduce emissions while meeting the region’s energy demand.
