Sustainability
The annual survey is designed to gauge companies’ reporting practices regarding sustainability and governance.
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…
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.
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The program aims to advance Guyana’s sustainable economy through investments in education, research, sustainable management, and conservation of the country’s vast ecosystems. -
According to the report by the World Economic Forum, 43 countries boast well-performing energy systems and high-transition readiness, which indicates their ability to address the energy transition based on current performance.
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The Vatican was host to executives of the world’s top oil companies for a conference on climate change and the transition away from fossil fuels on 9 June.
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The company-centric stakeholder model belongs to the time when an oil company had to communicate its good intentions and demonstrate it was also executing them. But the world continues to change. Society nowadays expects business to take on more responsibility than that.
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A new report on shale gas from UNCTAD addresses the balance between providing affordable energy to developing countries and the agency’s climate change goals.
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In the latest effort by municipalities seeking to hold fossil fuel companies liable for their alleged contribution to climate change, the city and county of Boulder, Colorado, and the county of San Miguel filed suit against two companies on 17 April.
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Longmont, Colorado's City Council voted to give final approval to the city's $3 million agreement with TOP Operating and Cub Creek Energy that officials have said will end oil and gas drilling from the surfaces of properties within the city, as well as city-owned properties east of Longmont.
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Oil and gas demand is stable or rising in all regions of the world, meaning additional investments are needed for production to keep up. Growing indigenous requirements reduce volumes available for export in many regions, IOGP’s new Global Production Report shows.
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Maintaining a social license to operate is critical for the oil and gas industry to continue to provide energy for the world. Fernando Benalcazar recently completed his Distinguished Lecturer tour, during which he spoke on “Oil and Gas Operations—Integrating the Realities of the Social License.”
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Hess has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s list of 100 Best Corporate Citizens for 2018.
