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The largest US clean energy incubator has selected the city as the site for its second location, expanding Houston’s role as energy capital of the world beyond oil and gas. A recent report details national and global security threats related to climate change in the hopes that decision-makers and leaders will recognize the relationship between global warming and security. With a $10 million commitment from Shell, Rice University has launched Carbon Hub, a research initiative with the goal of creating a zero-emissions world by using oil and gas to create clean energy. French oil giant Total said it will not renew its membership of the American Fuel and Petrochemical Manufacturers association because the organization’s stance on climate issues does not align with its own. In this video from Bloomberg, Eldar Saetre, chief executive officer and president of Equinor, talks about the company's increased push into the offshore wind power market.
Briefly stated, carbon capture and sequestration (CCS) will help us to sustain many of the benefits of using hydrocarbons to generate energy as we move into a carbon-constrained world. Even though the CO2 generated by burning hydrocarbons cannot always be captured easily in some cases (as in oil used for transportation), sequestration of CO2 from other sources (such as coal-fired power stations) can help to create, to some degree, the “headroom” needed for the volumes of CO2 that escape capture. Because of the likely continuing competitive (direct) cost of hydrocarbons and in light of the huge investment in infrastructure already made to deliver them, the combination of fossil fuel use with CCS is likely to be emphasized as a strong complement to strategies involving alternative, nonhydrocarbon sources of energy. Moreover, the exploitation of heavy oil, tar sands, oil shales, and liquids derived from coal for transportation fuel is likely to increase, even though these come with a significantly heavier burden of CO2 than that associated with conventional oil and gas. CCS has the potential to mitigate some of this extra CO2 burden. If we wish to sustain the use of oil, gas, and coal to meet energy demands in a carbon-constrained world and to provide time to move toward alternative energy sources, then it will be necessary to plan for and implement CCS over the coming decades. Subsequently, we should expect a continued need for CCS beyond the end of the century.
This course provides a fundamental understanding of process safety techniques and how applying these techniques can improve safety, equipment reliability, environmental performance and reduce overall costs. It presents an overview of the elements comprising process safety, practical examples and how process safety can be integrated into day-to-day operations. We encourage you to take advantage of the technical programming and networking opportunities that these co-located events offer. Mr. Fawaz Bitar, IOGP Chairman, will present the IOGP Outstanding Young Professionals Award. The Executive Plenary session will bring together industry executives and leaders to discuss their perspectives on the region’s foremost challenges and opportunities. A special emphasis on the interdependency between sustainable development and technology advancement will provide the audience with actionable insights to support regional and global growth efforts, intersecting touch points on how organizations are adapting and aiming to thrive with the wake of COVID-19.
International Environmental Standards, the new company created by the merger of Project Canary and Independent Energy Standards, will combine continuous emissions-monitoring technology with TrustWell certification to create a provider of independent environmental, social, and governance performance. Investors and consumers are pressuring companies to incorporate environment, social, and governance (ESG) practices into their culture and operations. Now, ESG has gone from a nice-to-have feature to a must-have prerequisite. The objective behind Ghana's local content requirement is to ensure the involvement of Ghana's industry, including its national oil company, in the development of the exploration, production, and decommissioning value and supply chain. The 25 May death of George Floyd, a black man, at the hands of Derek Chauvin, a white Minneapolis police officer, sparked national and international protests—and the oil and natural gas industry was not immune to the calls for social change. Royal Dutch Shell will announce a major restructuring by the end of the year as the energy company prepares to accelerate its shift toward low carbon, Chief Executive Officer Ben van Beurden told employees, a company source said. Operations during the COVID-19 pandemic and actions to decarbonize operations are among the highlights. The oil and gas industry was created by fierce entrepreneurs, wildcatters, and visionaries. But, in the last 50 years, it has lost its way.
A pilot project was initiated to classify oil and gas projects in Mexico using the United Nations Framework Classification. The complete paper describes the development of, and summarizes the major changes and additions to, the Environmental Management in the Oil and Gas Industry guide. Intertek’s program aims to provide validation of the carbon impact of producing 1 BOE across an entire production portfolio, in aggregate, or by field. Oil drilling produces up to 10 gallons of water for every barrel of oil. While the Environmental Protection Agency has balked at allowing oil companies to treat drilling waste water and discharge it into streams, oil-rich states, including Texas, are moving forward with plans to permit it. This paper presents novel approaches to carbon abatement using petroleum that have a strong chance to succeed in fulfilling technological and economic goals. Two technologies that may play a part in the decarbonization of the UK energy business are carbon capture, use, and storage and the use of hydrogen for energy transportation and storage. This approach builds on the UK’s gas-network infrastructure, which can be repurposed to avoid becoming stranded.
As we stand on the threshold of the new decade, it is certain that the future will look very different from the past. In the last 10 years, Australia and the Asia Pacific region have focused on building a world-leading oil and gas industry based around multiple modern, technologically advanced upstream and LNG operations. However, despite much heralding as a greener, “bridging fuel”, LNG’s environmental credentials are now under massive scrutiny. Oil faces even more challenges and peak oil demand is being discussed openly by CEOs of major oil and gas companies. We are in the throes of an energy transition as our energy system is evolving rapidly and diversifying, decarbonising and decentralising.
The UK’s offshore oil and gas industry has committed to halving operational emissions in the next decade, confirming its pathway to becoming a net-zero emissions basin by 2050. Oil and Gas UK confirmed it is supporting the roll-out of a special protective face covering designed for workers traveling by helicopter to offshore installations in the UK continental shelf. Industry representative body Oil and Gas UK and safety organization Step Change in Safety have coproduced a series of films to address the concerns of thousands of workers traveling offshore during the coronavirus pandemic.
Tracking down fugitive emissions has traditionally relied on small-scale detection efforts. This new project seeks to buck the trend by covering the Permian Basin with sensors. The largest oil and gas major in the US is calling for tighter rules around methane monitoring, wellhead venting, and the replacement of equipment components with “high-leak potential.” Methane emissions from California garbage dumps far surpass emissions from oil fields, according to a NASA survey. Large-scale investment in carbon capture and methane-emission reduction tops the agenda of the Oil and Gas Carbon Initiative, an organization led by chief executives of several major oil and gas companies.
Emissions of methane from the industrial sector have been vastly underestimated, researchers from Cornell University and the Environmental Defense Fund have found. Proposed changes would modify EPA's August 2016 final rule, "Oil and Natural Gas Sector: Emission Standards for New, Reconstructed, and Modified Sources." The proposal has been submitted for publication to the Federal Register. Following that publication, the EPA will accept comments for 60 days.
The UK’s offshore oil and gas industry has committed to halving operational emissions in the next decade, confirming its pathway to becoming a net-zero emissions basin by 2050. The UK’s leading oil and gas industry body says the industry can reduce emissions while meeting the region’s energy demand. The 33-month project will compare emissions data collected by terrestrial sensors to GHGSat's combined satellite and aircraft measurements. More than 60 producers participate in the program designed to reduce wellsite emissions. The US Environmental Protection Agency recently finalized a voluntary disclosure program for new owners of upstream oil and gas facilities designed to encourage them to find, correct, and self-report violations of the Clean Air Act, in particular those associated with emissions from storage vessels.