Sustainability

News
May 06, 2022
Boris Johnson urged the oil majors BP Plc and Shell Plc to invest “massively” in renewables to shore up the U.K.’s energy security, as soaring prices squeeze household budgets.

News
May 05, 2022
Concerned about the growing safety risk posed by corrosion and other structural integrity issues associated with the global floating production fleet, American Bureau of Shipping pulled together an industry working group 18 months ago.

News
May 04, 2022
Talos has taken a leadership role in the developing market for global emissions reductions, but additional CCS capacity is required to meet global emissions reductions and climate objectives.

News
May 03, 2022
The Railroad Commission of Texas moved forward in its application process to gain primacy from the EPA for Class VI injection wells.

News
May 03, 2022
The pandemic had a unique impact on the energy industry and will pave the path of the energy transition on its way to net zero emissions, Society of Petroleum Engineers President Kamel Ben-Naceur said during a keynote presentation at OTC.

News
May 03, 2022
Major operator bp expects its properties in the U.S. Gulf of Mexico to remain a key part of its portfolio over the next decade, even as other upstream operations are discarded in the transition to alternative energy forms.

Article
April 2022
Operators and service companies continue to implement new ESG initiatives. One provider is focusing more attention on operations at liquid mud plants to reduce, reuse and repurpose materials. The goal is to diminish the environmental footprint and promote operational efficiencies.

Article
April 2022
After a record year in 2021, projections suggest that global offshore wind may reach 712 farms, 29,000 turbines and 235 GW by 2030, including 96 farms, 1,300 turbines and 14.5 GW in floating facilities.

Article
April 2022
Things are beginning to move a little quicker in ESG reporting and standards. Recently, the International Sustainability Board published its first two proposals on development of global standards.

News
April 20, 2022
Neptune Energy announced it has received an improved environmental, social and governance rating from Sustainalytics of 23.2, putting it in the top 3% of all oil and gas companies rated by the organization.

Webcast
Production facilities can instantly reduce greenhouse gas emissions and flaring with TechnipFMC’s E-Mission™
May 19, 2022
TechnipFMC
E-Mission™ is the next level of optimization for production facilities. This technology helps your facilities to maximize value through a first-principles approach to calculate the Reid Vapor Pressure (RVP) values on location and significantly reduce greenhouse gas emissions.
In this webcast, Bill Melton and Sander Baaren will be detailing how TechnipFMC’s E-Mission™ utilizes process automation, existing instrumentation and machine learning to monitor and control vapor pressure in real-time. By re-evaluating how and where we want to apply or remove heat, and lower pressure, we can optimize the system based on the changing conditions of the well and weather to reduce emissions and increase oil throughput. Find out more about how E-Mission™ can be used in greenfield and brownfield applications regardless of facility design.

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.

Article
April 2022
All-electric systems are vital for the future of subsea operations in the energy transition.

Article
April 2022
An integrated platform, incorporating data from multiple systems that are accessible to a real-time operations center and field personnel, produces a comprehensive model of a company’s ecosystem. The innovative combination results in safer, more reliable operations with less downtime.

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.


