Sustainability
News
April 20, 2022
Environmentalists are calling on the Biden administration to crack down on methane leaks from low-producing U.S. oil wells, after new research shows they are releasing a disproportionate share of the potent greenhouse gas.
News
April 20, 2022
The energy crisis triggered by Russia’s invasion of Ukraine is increasing the world’s motivation to shift to low-carbon energy, but is also creating a near-term scramble for fossil fuels that will drive billions of dollars of new investment.
News
April 14, 2022
Wood’s scope covers the development of a complete off-grid integrated energy complex to produce ammonia from green hydrogen – avoiding up to 5 million tons of CO₂ annually.
News
April 12, 2022
Some of the largest firms are already voluntarily divulging their greenhouse-gas emissions, but the lack of government regulation and unified reporting underscores the challenges investors face when comparing inconsistent data across companies.
News
April 11, 2022
Canada’s banks just started on the path toward zeroing-out the carbon emissions of the companies they lend to, and already they’re running into conflicts between what climate activists and ESG investors want and what Canada’s oil-dependent economy demands.
News
April 08, 2022
A hydrogen economy that runs factories and power plants on the clean-burning fuel may be years down the road, but that hasn’t stopped U.S. states from jockeying for a share of the $8 billion in federal funds earmarked for so-called hydrogen hubs.
News
April 08, 2022
Prime Minister Justin Trudeau is rolling out one of Canada’s largest single industrial tax incentives to fund carbon capture projects as his government tries to deliver on ambitious climate goals.
News
April 07, 2022
Exxon Mobil Corp. and Chevron Corp. investors will vote on shareholder demands to curb pollution amid growing pressure on the oil industry to reduce emissions.
News
April 05, 2022
The floating offshore hydrogen production plant developed by J-DeEP combines a seawater desalination system and a system to extract hydrogen from water through electrolysis.
News
April 04, 2022
Senator Joe Manchin is calling on the Securities and Exchange Commission to reconsider a plan to require companies to disclose information about their greenhouse gas pollution.
News
April 01, 2022
Canada’s natural gas producers will face the greatest burden among energy companies under Prime Minister Justin Trudeau’s new emissions-reduction plan, just as the industry faces renewed pressure to increase output.
Webcast
Minimizing Well Construction CO2 Footprint with Transition Technologies
April 21, 2022
Schlumberger
Schlumberger’s Transition Technologies Portfolio addresses sustainability in oil & gas operations and offers quantifiable emissions reductions across the E&P value chain. We’ll explain the origins of the portfolio, why reducing oil & gas emissions is important to Schlumberger and touch on how we quantify the impact each of the technologies within this portfolio can have. Focusing on Transition Technologies that address well construction related emissions, we’ll explore rig equipment and fluid options that enable our customers to reduce their impact both directly at the wellsite and during the manufacturing phase. Finally, we’ll discuss potential avenues from both the technology and process planning standpoints that could offer scope for further reducing impact.
News
March 31, 2022
Scientists at the University of Aberdeen are to embark on a £250,000 ($326,499) research project that aims to achieve a world first by using a plasma electrolyzer to convert carbon dioxide into hydrocarbons for energy use.
News
March 30, 2022
Cepsa SA, the Spanish refiner controlled by Abu Dhabi’s sovereign wealth fund, announced a sweeping clean-energy strategy as the European oil industry races to find new fuel sources.
News
March 25, 2022
A recent Wood Mackenzie study commissioned by National Ocean Industries Association (NOIA) and other groups found that a Carolinas Lease Sale could support 37,200 jobs, $3 billion in annual wages, $233 million in state tax creation and $44.9 billion in capital investment during the development and construction phase of the projects.
News
March 24, 2022
U.S. regulators voted on Thursday to seek comments on two policy statements they issued last month that provide guidance regarding the certification of interstate natural gas pipelines and consideration of greenhouse gas emissions in natural gas project reviews.
News
March 24, 2022
TotalEnergies SE announced plans for a steep cut in methane emissions as energy majors come under increasing pressure to eliminate leaks of one of the most harmful greenhouse gases.
News
March 23, 2022
Occidental Petroleum Corp., the shale giant backed by Warren Buffett, plans to build 70 carbon capture facilities around the world by 2035 that will each remove as much as 1 million tons per year of the greenhouse gas directly from the atmosphere.
News
March 22, 2022
At venues in both Aberdeen and London, Offshore Energies UK will publish its first Business Outlook report since evolving into the leading trade body for organizations with an interest in offshore oil, gas, carbon capture and storage, hydrogen and wind.
News
March 18, 2022
Service sector spending on CCS developments is set to skyrocket this decade, quadrupling from 2022 to 2025, Rystad Energy research indicates.
News
March 17, 2022
The government is also considering changing the rules that govern the award of new permits for North Sea oil and gas fields, so that it can speed up the exploitation of domestic hydrocarbons.
