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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The 16-MW solar facility in Ector County, Texas, near Odessa, powers the Goldsmith field through deployment of 174,000 photovoltaic panels. -
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.
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The Oil & Gas Technology Centre has announced it will create, in partnership with industry, a Net Zero Solution Centre to accelerate the development and deployment of technologies to decarbonize offshore operations and develop the UK continental shelf as the first net zero oil and gas basin.
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Environmental, social, and governance (ESG) refers to three central factors in measuring the sustainability and ethical impact of investments. At its core, ESG investment involves gauging a company’s long-term, rather than short-term, sustainability.
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Equinor is using its digital transformation to be more sustainable. “It’s not just about running a smarter business," said Bjorn Otto Sverdrup, Equinor's senior vice president of sustainability. "It’s also about running a more sustainable business.”
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The report, the first by a Chinese company in Saudi Arabia, outlines how Sinopec is fulfilling its economical, safety, environmental, and social responsibilities in Saudi Arabia.
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This paper presents the recent expansion of UNFC guidance to cover social and environmental effects and the further transformation of the system to make it a valuable tool in resource management for governments and businesses.
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On Earth Overshoot Day, humanity will have used nature’s resource budget for the entire year, according to the Global Footprint Network, an international sustainability organization. Earth Overshoot Day has moved up 2 months over the past 20 years to 29 July this year, its earliest date ever.
