Sustainability
News
August 26, 2021
A new study concluded that more than 2 million metric tons (MT) per year of CO2 can be removed from the atmosphere and injected safely into the earth at two ethanol plant sites in California. The study was commissioned by Aemetis, Inc., a renewable natural gas and renewable fuels company focused on below zero carbon intensity products.
News
August 26, 2021
Endangered desert fish would get millions of dollars in federal funding, while oil companies would face new fees and a ban on most offshore drilling under a plan floated by House Democrats.
Webcast
ESG Focus: Converting Flare Gas to Power and Other Emissions Reductions Strategies
September 22, 2021
Aggreko
Join us as we take a closer look at proven innovative approaches in eliminating flaring gas and reducing emissions. We will address some of the alleged barriers and explore alternative engineered approaches you can adopt to help you burn 100% of the methane, reduce NOX emissions by up to 96%, and VOC emissions by up to 47%.
News
August 25, 2021
TGS, a global provider of energy data and intelligence, has expanded its coverage of numerical weather prediction (NWP) model data. The latest model covers a 400,000 square kilometers area off the East Coast US, extending from Massachusetts to North Carolina.
News
August 24, 2021
Pemex left investors with more questions than answers after it announced in late July that it would be disclosing its greenhouse gas emissions on a more regular basis — then refused to discuss why they’d soared by double-digits from April to June, compared to a year ago.
News
August 24, 2021
A.P. Moller - Maersk A/S has ordered eight new vessels, each costing $175 million, that can be propelled by cleanly-made methanol instead of an oil-based fuel. They’re set for delivery from 2024.
News
August 24, 2021
Siccar Point Energy Ltd. is delaying work on its Cambo oil field in the UK North Sea, a target of vociferous criticism by environmental activists.
News
August 20, 2021
The Environmental Protection Agency is set to send a draft of biofuel-blending quotas to the White House for review soon, marking a key step in the Biden administration’s bid to balance competing oil and agricultural interests.
News
August 17, 2021
A Danish project to store captured CO2 in North Sea reservoirs that were once filled with oil and gas moved a step closer to becoming operational, after winning approval from new stakeholders.
News
August 01, 2021
At this year’s Offshore Technology Conference, Caterpillar Oil & Gas will showcase ESG-focused products and solutions with Solar Turbines and the newest addition to the family of Caterpillar companies, SPM Oil & Gas which was acquired this February.
News
August 13, 2021
Skyrocketing carbon prices and a “code red” warning about the threat posed by climate change are giving fresh momentum to a technology that captures and removes greenhouse gas emissions so they can be buried.
News
August 12, 2021
Scotland's First Minister Nicola Sturgeon asked the UK government to reassess oil and gas fields that have been licensed but not yet developed, such as the Cambo development west of Scotland’s Shetland Islands. Green groups say that's not enough.
News
August 12, 2021
The $3.5 trillion budget framework the Senate narrowly passed sets the stage for a deluge of spending on electric vehicles, renewable power and clean energy initiatives meant to help combat climate change and wean the U.S. off fossil fuels.
News
August 10, 2021
The world’s largest oil companies are bidding up prices for renewable energy projects, squeezing profits from wind and solar farms just as climate planning focuses more on green energy sources.
News
August 06, 2021
While there are several one-off factors that have pushed gas prices higher, such as supply disruptions, the global economic rebound and a lull in new LNG export plants, there is a growing consensus that the world is facing a structural shift, driven by the energy transition.
News
August 06, 2021
Exxon Mobil was suspended from the Climate Leadership Council, a pro-carbon tax group backed by conservation groups and some of the world’s biggest corporations. The move comes just weeks after an Exxon lobbyist was secretly recorded by Greenpeace saying that the oil giant only voiced support for a carbon tax because it knew such a policy would be almost impossible to implement.
News
August 05, 2021
TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French oil major continues to flex its green credentials.
News
August 04, 2021
The high-performing electric frac solution reduced emissions for Chesapeake by 32% and applied over 25 megawatts of lower-carbon power generation by leveraging Chesapeake’s local field gas network.
News
July 28, 2021
The maritime industry faces challenges in adopting new technologies and operational practices to reduce emissions of carbon and other greenhouse gases. Panos Koutsourakis, ABS Director of Sustainability Strategy, Singapore, explains why methanol as a marine fuel is one of the near-term solutions.
News
July 27, 2021
British Isles seabed regulator The Crown Estate has confirmed an intention to move forward with the lease process for two 100MW floating wind test and demonstration sites in the Celtic Sea to Llŷr Floating Wind Limited.
News
July 26, 2021
The transactions are the latest evidence that major oil companies are coming out of the Covid-19 downturn with the intention of channeling extra investment into renewable energy. Eni, like its European peers, has pledged to achieve net-zero carbon emissions by the middle of this century.