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Alberta unveils carbon capture and storage incentive to help decarbonization
Canada’s main oil-producing province, Alberta, said it would provide a 12% grant on eligible capital costs associated with building new carbon capture utilization and storage (CCUS) projects to help industry cut emissions that cause climate change. The incentive from Alberta, which the provincial government has been working on since January, comes on top of a
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Baker Hughes Unveils Innovative ThermaStim Technology for Geothermal Energy to Unlock Full Well Potential
With the unveiling of ThermaStim, Baker Hughes is pioneering a first-of-its-kind approach in the geothermal energy sector. This low-corrosive, in-situ acidizing system represents a novel method of harnessing geothermal energy with improved safety and enhanced production. A standout feature of ThermaStim is its zero reactivity and corrosivity at surface. Where traditional acids in geothermal wells
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Countries promise clean energy boost at COP28 to push out fossil fuels
Governments launched new initiatives to bolster clean energy and to wean themselves off fossil fuels at the U.N. climate summit in Dubai, where countries are grappling with how to halt the non-stop rise in planet-warming emissions, reported by Reuters. In one of the most widely supported initiatives, 118 governments pledged to triple the world’s renewable
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Oil companies pledge at COP28 to slash methane pollution, but critics call it a smokescreen
Fifty oil companies representing nearly half of global production have pledged to reach near-zero methane emissions and end routine flaring in their operations by 2030, the president of this year’s United Nations climate talks said, a move that environmental groups called a “smokescreen.” Methane emissions are a significant contributor to global warming, so sharply reducing
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An interview with Amanda Duhon, VP & Regional Director – EIC North & Central America at Energy Industries Council
The Energy Conference Network team caught up with Amanda Duhion to discuss the current and future landscape of energy infrastructure and transition in the region. Amanda highlighted major ongoing and planned projects aimed at enhancing energy production, transmission, and distribution. Amanda explored the key trends and drivers propelling the region towards cleaner and more sustainable
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Oil and gas well drillers want federal funding to help industry decarbonize
According to Bloomberg, Canada’s oil and gas well drilling sector is lobbying for a piece of the tax credit pie when it comes to decarbonization. The Canadian Association of Energy Contractors (CAOEC) — which represents drilling rig and service rig companies across Western Canada, as well as offshore drilling rigs in Atlantic Canada — says
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ADNOC, Santos Team Up for CCS
According to Rigzone, Abu Dhabi National Oil Co (ADNOC) and Santos Ltd have agreed to work together to develop a joint global carbon management platform supporting the decarbonization journey of customers in the Asia-Pacific. The two companies entered into a strategic collaboration agreement to advance carbon capture and storage (CCS) technologies that are necessary to
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bp looks to leverage power of generative AI with Copilot for Microsoft 365
bp has announced that it will be expanding the use of generative AI to enhance its global employee experience through the use of Copilot for Microsoft 365. bp is one of the first companies globally to act as a launch partner for the ‘intelligent AI assistant.’ bp will be able to roll out access at
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An interview with David Gowland, Director of ESG & Stakeholder Engagement at Crescent Point Energy
The Energy Conference Network team recently engaged in a conversation with David Gowland, Director of ESG & Stakeholder Engagement at Crescent Point Energy. The conversation focused on the importance of establishing transparent and standardized methods for tracking emissions in the oil and gas industry and aligning industry interests with government policies for emission reduction. David
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Equinor, Kongsberg Digital to collaborate on simulation technology for offshore operations
According to World Oil, Kongsberg Digital unveiled a developing collaboration with the Norwegian energy company Equinor, underpinning a stronger safety and sustainability focus on offshore operations. The collaboration will set the benchmark for simulation technology, centered on enhancing personnel skills to protect the environment, prevent offshore incidents, and perform holistic crisis management in advanced offshore
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Attentive Energy One selected by New York State to power over 700,000 homes with offshore wind
Attentive Energy One, a joint venture between TotalEnergies, Rise Light & Power, and Corio Generation, has been selected by Governor Kathy Hochul and the New York State Energy Research and Development Authority (NYSERDA) in New York State’s highly competitive third offshore wind solicitation to negotiate an offtake agreement with NYSERDA. This 1,400 MW offshore wind
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CNOOC and Bureau Veritas sign a strategic cooperation framework agreement
The agreement includes scientific and technological innovation in offshore oil and gas engineering and construction, green and low-carbon transformation and development, LNG and new energies, and mid- and downstream industries The China National Offshore Oil Corporation (CNOOC), the largest offshore oil and gas production operator in China, has signed a strategic cooperation framework agreement with
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