Sustainability

News
July 18, 2022
More U.S. shale producers should aim for net-zero emissions, while drillers that have already made climate pledges need to set more aggressive timelines to reach their goals, according to investor Kimmeridge Energy Management.
Whitepaper

Compass to APM 4.0: From Maintenance and Reliability to Performance and Sustainability

July 08, 2022
AspenTech
News
July 08, 2022
This year, the number of new petroleum-engineering graduates in the U.S. is expected to total about 400 -- an 83% decline from 2017, when they peaked at more than 2,300.
News
July 05, 2022
A set of reports due to be published in the coming months will show how companies in the UK’s offshore oil and gas industry supply chain can expand to cleaner energies, including carbon capture, usage and storage (CCUS), hydrogen and offshore wind.
News
June 30, 2022
The U.S. Supreme Court restricted the Environmental Protection Agency’s authority to curb greenhouse gases from power plants, siding with coal-mining companies and Republican-led states in a blow to President Joe Biden’s climate-change agenda.
News
June 29, 2022
As a resource-rich country on the leading edge of many clean energy technologies, Norway is uniquely well placed for the clean energy transition, according to a new in-depth policy review by the International Energy Agency.
News
June 23, 2022
Cost-efficient emissions reductions of up to 87% on offshore oil and gas platforms could be achieved using alternative power sources, according to the winners of a competition launched to accelerate electrification of oil and gas assets in the North Sea.  
Webcast

The Drive to Net Zero: The Key Role of Digital Technology in Carbon Capture and Storage (CCS)

July 26, 2022
AspenTech
Carbon Capture and Storage (CCS) will be an essential pathway as industries move to net zero. The ability to handle CO2 at both emission sources and directly from air, together with long-term storage in the subsurface, make CCS a crucial part of the energy transition. Join AspenTech experts to learn how innovations in digital technology support end-to-end CCS, with faster, widespread scale-up and improvements in economics and efficiency. Learn how you and your teams can: - Use rigorous modeling and economic analysis for rapid design and scale-up of carbon capture processes - Evaluate all current and new technology areas (such as liquid and physical solvent absorption, zeolites, membranes and other approaches) to find the most viable solution for your use cases - Leverage subsurface models to select depleted reservoirs and aquifers for CO2 storage that meet technical and economic criteria - Support optimized control and ongoing operator training to reduce risks and ensure proper CO2 storage You’ll see how chemical simulation models evaluate CCS approaches, such as converting CO2 to carbonates. Now is the time to adopt an end-to-end carbon capture and storage solution tailored to your needs. We encourage you to join the conversation by submitting questions when registering for the event.
News
June 22, 2022
ABB has been contracted by engineering, procurement, and construction contractor Aker Solutions to deliver the main electrical, automation and safety systems for Norway’s Northern Lights project.
News
June 20, 2022
Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Ltd., Rosewood Exploration Ltd., and EBN Capital B.V. announced the signing of a Cooperation Agreement to progress the L10 large-scale offshore carbon capture and storage project in the Dutch North Sea.
News
June 17, 2022
Energy Workforce & Technology Council submitted comments to the SEC regarding the proposed rules that require expanded greenhouse gas reporting from publicly and some privately traded companies.
News
June 15, 2022
Solstad Offshore, DeepOcean Group and Østensjø Group have joined forces to fast-track the adoption of remotely managed services to drive down operating costs and emissions for the marine and offshore industries.
News
June 15, 2022
Gulf Energy Information, producer of the Carbon Intel Forum, is pleased to announce that Aramco Americas will be Host Sponsor for the 2022 event to take place September 28 – 29 in Houston, Texas.
News
June 14, 2022
In a move strongly endorsed by Offshore Energies UK it has launched the UK’s first-ever carbon storage licensing round, offering 13 areas of the seabed as potential sites for permanently storing millions of tons of CO2.
News
June 14, 2022
The NSTA has launched this carbon storage licensing round in response to unprecedented levels of interest from companies eager to enter the market.
News
June 13, 2022
Fairfield Energy announced the end of an era with the removal of the topsides from Dunlin Alpha. This is the latest milestone in the decommissioning of the four fields which make up the Greater Dunlin Area.
News
June 08, 2022
The Democratic Republic of Congo’s plan to auction oil exploration blocks next month threatens to disrupt some of the world’s most important carbon sinks and could jeopardize a $500 million forest preservation agreement.
Whitepaper

Optimizing Carbon Capture Utilization and Storage to Meet Ambitious Sustainability Goals

June 07, 2022
News
June 03, 2022
Energy Workforce & Technology Council CEO Leslie Beyer responded to House Republicans' six-part energy strategy, saying they applaud the House Energy, Climate, and Conservation task force for bringing the focus back to an 'emissions reduction' strategy.
News
May 27, 2022
How the UK government finds itself mounting a tax raid on the oil and gas industry, while simultaneously breaking a promise not to offer fossil fuel producers incentives to drill more, shows how the invasion of Ukraine has turned the world of energy on its head.
News
May 25, 2022
A Nigerian lawyer warned that international oil companies divesting from the West African country will abandon their obligations to compensate and clean up communities polluted by decades of crude production.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.