Sustainability
News
December 15, 2022
The investment includes a $10.64 million commitment made by ING Corporate Investments. The deal also includes a further $5.32 million co-investment from existing shareholders Shell Ventures, Chevron Technology Ventures, Evonik Venture Capital and HydrogenOne Capital Growth Plc (HydrogenOne).
News
December 13, 2022
The goal of this innovation is to enable businesses to make evidence-based decisions in support of adopting carbon management strategies that optimize and accelerate sustainable operations.
News
December 12, 2022
Offshore wind has picked up momentum in recent years. After more than a decade of stops, starts and high-profile failures, construction of a massive new U.S. power source meant to displace planet-warming fossil fuels has finally begun at a turbulent time for the industry.
News
December 12, 2022
Siemens Energy improved in almost all areas of sustainability this past year, as reflected in its fiscal year 2022 Sustainability Report.
News
December 12, 2022
The EU faces a potential shortfall of almost 30 billion cubic meters of natural gas in 2023 – but they can close gaps and avoid shortages by improving energy efficiency, deploying renewables, installing heat pumps, promoting energy savings and increasing gas supplies.
News
December 09, 2022
The Biden administration is poised to ban federal buildings from using fossil fuels, adding the government’s heft to a growing electrification movement that has natural gas distributors on the defensive.
News
December 09, 2022
Through The Environmental Partnership, the American Petroleum Insitute has led the charge in reducing methane emissions by nearly 60% across the U.S.
News
December 08, 2022
Baker Hughes and Woodside Energy have entered an agreement on Dec. 8 to explore potential business arrangements and initiatives that may support Woodside’s climate strategy or its customers’ chosen decarbonization pathways.
News
December 08, 2022
Well-integrity specialist company HydraWell has unveiled its new technology, HydraCT, an advanced perforation, wash and cement system specifically designed for coil tubing applications with the potential to cut CO2 emissions by 80% and reduce costs by up to 60%.
News
December 06, 2022
Abu Dhabi National Oil Company (ADNOC) is accelerating operationalization of its board mandated low carbon growth strategy, by establishing a new low carbon solutions and international growth vertical that will focus on renewable energy, clean hydrogen and carbon capture and storage, as well as international expansion in gas, LNG and chemicals.
News
November 29, 2022
The Biden administration moved Monday to stifle methane releases from oil and gas wells on public land after a federal court tossed out earlier requirements.
News
November 28, 2022
Shell Plc will buy Nature Energy Biogas A/S from hedge fund Davidson Kempner Capital Management for nearly $2 billion as the oil major expands its transition from fossil fuels.
The deal will make Shell the largest producer in Europe of what’s known as renewable natural gas, known as RNG, according to a statement.
News
November 28, 2022
During the meeting, which was held at ADNOC headquarters, the board directed ADNOC to pursue a net-zero by 2050 ambition to support the UAE net zero by 2050 strategic initiative. The board also endorsed plans to accelerate its 5 million barrels per day oil production capacity expansion to 2027, from the previous target of 2030.
News
November 11, 2022
U.S. House Republicans made the case for more U.S. oil production at the UN climate summit in Egypt, arguing that cleaner domestically produced crude is needed to meet growing demand.
News
November 11, 2022
The American Petroleum Institute on Friday responded to the Environmental Protection Agency's supplemental proposed methane rule with a call for a cost-effective final rule that promotes innovation and regulatory certainty.
News
November 11, 2022
The Biden administration revealed a supplemental proposed methane rule Friday that would tighten regulations for monitoring low-producing wells and require producers to respond to third-party reports of leaks, in a move that could empower activists.
News
November 10, 2022
Five U.S. senators have sent letters to 51 law firms detailing the possible antitrust violations their clients may commit if they pursue collusive Environmental, Social, and Governance (ESG) initiatives.
News
November 10, 2022
A methane cloud spotted over Alabama last month appears to have been caused by a natural-gas release following a fire at a Kinder Morgan Inc. compressor station, the pipeline giant said.
News
October 31, 2022
Ahmed Al Jaber, chief executive of Abu Dhabi National Oil Company (ADNOC), called for maximum energy with minimum emissions to ensure global energy security in his opening address at the 38th edition of the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC).
News
October 11, 2022
Exxon Mobil Corp. is considering a takeover of Denbury Inc., an oil and gas producer with the largest carbon dioxide pipeline network in the U.S., according to people familiar with the matter.
News
October 10, 2022
The award supports the expansion of ADNOC’s offshore operations and its objective to responsibly increase production capacity and meet the growing global demand for reliable, lower carbon intensity oil and gas.
