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.
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.
This study illustrates the new capabilities, tailored for carbon-dioxide storage applications, of a modeling framework that provides a quantitative, risk-based assessment of the long-term integrity of legacy plugged and abandoned wells.
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Bowing to pressure from shareholders and the Paris international climate accord, Royal Dutch Shell pledged on 28 November to increase its investment in renewable fuels and to cut its carbon emissions in half by 2050.
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At the 2013 G8 leaders’ summit in Northern Ireland, Canada announced that it would take action to enhance the transparency of payments to governments made by Canadian extractive companies by introducing mandatory reporting. The resulting legislation came into force on 1 June 2015.
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Ceres, a sustainability nonprofit organization, issued a report on 14 September titled "Lead From the Top: Building Sustainability Competence on Corporate Boards." The report posits that company boards must be sustainability-competent in order to achieve long-term financial performance goals.
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The Extractive Industries Transparency Initiative has little impact on the US domestic oil and gas industry but has been transformative in some parts of the world. So why did the US pull out?
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Secrecy lies at the heart of invention and capitalism to reward innovators with exclusive rights to their creations. But that secrecy can also come at a cost. With drilling and fracturig, the ingredients and chemicals used to obtain oil and gas are legally allowed to be kept confidential.
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Fernando L. Benalcazar, a senior adviser with APD Proyectos in Ecuador, launched the first Distinguished Lecturer tour in the US presented by a Sustainable Development Technical Section board member.
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The chair of SPE’s Climate-Change Task Force provides an overview of the process by which it developed the society’s strategy to address the emission goals of the Paris Agreement on Climate Change.
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Hess Corporation has been recognized for climate change stewardship, achieving leadership status in CDP’s 2017 Global Climate Analysis.
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A task force from The Academy of Medicine, Engineering, and Science of Texas has released a comprehensive analysis of the effects the North American shale boom has had on the environment and communities in Texas.
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The Oil & Gas Industry Guidance on Voluntary Sustainability Reporting acts as a framework for improving the quality and consistency of voluntary sustainability reporting. This paper discusses the most recent update to the guide, and offers an overview of the discussed social performance indicators.