Sustainability
The annual survey is designed to gauge companies’ reporting practices regarding sustainability and governance.
Geothermal development is gaining steam and entering a transformative era, driven by breakthroughs in adapting and improving on engineering, drilling, completion, and production technologies to the efficient extraction of heat from the Earth.
In the past year, publications on CO2, natural gas, and hydrogen storage have increasingly focused on the design, evaluation, and optimization of storage plans. These efforts encompass a broad spectrum of challenges and innovations, including the expansion of storage reservoirs from depleted gas fields and saline aquifers to stratified carbonate formations and heavy-o…
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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. -
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.
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Among the awards to be presented at SPE’s 2019 Annual Technical Conference and Exhibition is the inaugural Sustainability and Stewardship in the Oil and Gas Industry Award, which was earned by Karen Olson with Southwestern Energy.
