Emissions News

 

Shell to Deepen Emission Cuts After Court Ruling, But Plans to Appeal the Decision

Jun 09, 2021

Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely lead to a dramatic shrinking of its oil and gas business.Shell plans to appeal the May 26 court ruling that ordered it to reduce greenhouse gas emissions by 45% by 2030 from 2019 levels…

Thousands of New Oil Wells Needed to Meet Demand, Rystad Says

Jun 02, 2021

Thousands of new oil wells and hundreds of new oilfields will be needed to meet global demand even if it falls sharply towards the middle of the century, Oslo-based consultancy Rystad Energy said last Friday.Its analysis stands in sharp contrast…

IEA: New Fossil Fuel Investments Must Stop If We Want to Meet 2050 Net-Zero Target

May 18, 2021

Investors should not fund new oil, gas and coal supply projects if the world wants to reach net-zero emissions by mid-century, the International Energy Agency (IEA) said on Tuesday, in the top global watchdog's starkest warning yet to curb fossil fuels…

CGG to support dCarbonX's Offshore Decarbonization Exploration

Apr 22, 2021

dCarbonX, a company looking to develop offshore geothermal energy and storage sites for CO2, hydrogen, and ammonia in Ireland and UK has signed a strategic agreement with CGG, a company specializing in the provision of seismic data for oil and gas exploration…

GPS' "Chemical Mist" Cuts Methane Emissions

Apr 16, 2021

Texas-based oilfield services and technology company GPS International has informed that it has completed Phase 2 field testing of its patent-pending method to cut methane from natural gas, accomplishing 'a vast visible discharged reduction in Methane (CH₄) exhaust emissions…

Clean Crude? Oil Companies use Offsets to Claim Green Barrels

Apr 16, 2021

In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.While the two-million-barrel cargo to India was destined to produce more…

Shell Joins Group Working to Tackle Challenge of Offshore Methane Emissions Monitoring

Apr 16, 2021

Oil and gas giant Shell has joined a multi-operator group driving innovation to tackle the challenge of offshore methane emissions monitoring.Leading this innovation is unmanned aviation business Flylogix, who alongside US gas sensor technology experts SeekOps and supported by OGTC…

"Coal has to go," CEO of Poland's PGE Says

Apr 16, 2021

Coal has obviously to be scrapped as a power source, the CEO of the Polish group which owns the EU’s biggest carbon-emitting power plant said on Thursday, underscoring a policy shift in a country until recently wedded to coal to generate electricity…

Woodside, Santos Investors Strike Down Activist's Push for Oil and Gas Operations Wind-down

Apr 15, 2021

Investors in Australia's top two independent oil and gas producers on Thursday rejected an activist group's push to get the companies to spell out plans to wind down their operations to help curb global warming.The resolutions were ultimately…

Shell to Produce Majority of Oil and Gas Reserves by 2050. Plays Down Stranded Assets Risk

Apr 15, 2021

Royal Dutch Shell said on Thursday the majority of its oil and gas reserves will be produced by 2050, playing down the risk of stranded assets as it prepares to reduce its greenhouse gas emissions in the coming decades.The disclosure is a rare…

Total, Siemens Energy Partner Up to Cut LNG Related Emissions

Apr 13, 2021

French energy major Total and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation…

Chevron Shareholders to Vote on Climate Change Proposals, Emissions Targets

Apr 09, 2021

Chevron Corp shareholders will vote on proposals aiming to require the No. 2 U.S. oil producer to reduce the environmental impact of its products and report on climate business risks.Chevron has pledged to limit the pace of growth of its carbon emissions that contribute to climate change…

Van Oord's Offshore Vessel to Cut Emissions, Fuel Consumption with FUELSAVE Tech

Mar 15, 2021

Dutch marine contractor and offshore installation services company Van Oord will install a combustion conditioning system with hydrogen and methanol on its subsea rock installation vessel Bravenes, in a push to cut emissions from its fleet.The system…

OGA: UK North Sea Flaring Dropped by 22% in 2020

Mar 11, 2021

Flaring in the UK North Sea dropped by 22% in 2020 compared to 2019, and as production facilities cut the overall volume to 33 billion cubic feet (bcf), a reduction which is roughly equivalent to the gas demand of 200,000 UK homes, the UK Oil and Gas Authority said Thursday…

Ørsted, Aker Carbon Capture, Microsoft in Carbon Capture Collab

Mar 10, 2021

Norway's Aker Carbon Capture, Danish offshore wind giant Ørsted, and global technology behemoth Microsoft are teaming up in a project to capture emissions from biomass power plants and possibly storing them under the seabed offshore Norway.The…

Current News

Collab in Sight? Turkey Shares Data on Giant Black Sea Gas Find with ExxonMobil, Chevron

Collab in Sight? Turkey Shares Data on Giant Black Sea Gas Find with ExxonMobil, Chevron

Wood Bags Five-year Extension at Hibernia

Wood Bags Five-year Extension at Hibernia

Petrobras Orders $2.3B FPSO from Saipem, DSME JV

Petrobras Orders $2.3B FPSO from Saipem, DSME JV

Norway Not Giving Up on Oil, Gas in Push for Greener Energy

Norway Not Giving Up on Oil, Gas in Push for Greener Energy

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