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Digital Oil and Gas Podcast by Geoffrey Cann ep. 273
Most, if not all, large energy companies now include climate change as a critical topic on the Board agenda. As managers, you may be wondering what your business can do about it. More than ever, we need to turn to technology to help us strike a new more sustainable balance.
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Oil Is Here To Stay, But We Can Reduce Its Emissions
Low-carbon oil seems pivotal to the future of fossil fuel production as it becomes clear that the world is still highly dependent on crude. Working to fill the gap left by Russia, countries and oil firms around the world are increasing their oil production and long-term output plans. But to achieve ambitious carbon emissions promises,
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Energy Innovations – Ep. 6 – Methane Reduction with Audrey Mascarenhas of Questor (Energy Now)
In this episode of Energy Innovations, Geoffrey speaks with Audrey Mascarenhas, CEO of Questor, on methane incineration. Methane is a far more potent greenhouse gas than CO2, and human sources from industrial activity are substantial and frequently underestimated. Methane flaring fails to combust methane fully, and venting not at all. By more thoroughly combusting methane
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Digital Oil and Gas Podcast by Geoffrey Cann ep. 270
Today’s podcast is a chat with Katherine Kraft, the Director of ESG and Product Strategy at Teren Inc. Teren is focusing on environmental sustainability and asset resilience by analyzing LIDAr and geospatial data with AI to predict incoming geological issues. Today we discuss that technology and how oil and gas can benefit from better environmental analytics.
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EU’s Innovation Fund launches €100M call for innovative low-carbon projects
The European Commission has launched a call for small-scale projects focusing on innovative technologies in renewable energy, heavy industry, energy storage, and carbon capture as part of its Innovation Fund. The Commission has set aside €100 million to help drive emissions reductions and boost the uptake of low-carbon technologies and processes in all sectors. Eligible to apply
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Construction completed on UAE’s first waste-to-energy plant
Construction has been completed on the UAE’s first waste-to-energy plant, with the project now entering the testing and commissioning phase. The Sharjah Waste to Energy plant is the first project of Emirates Waste to Energy, a joint venture established by BEEAH Energy, the renewable energy business of BEEAH Group, and Masdar, one of the world’s
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Houston gets approval to build $70M solar farm on former landfill property
A vacant landfill that for decades endangered and diminished Houston’s low-income Sunnyside neighborhood has gotten the green light for conversion into a solar energy farm. Houston Mayor Sylvester Turner said on Earth Day, April 22, that the Texas Commission on Environmental Quality had granted a permit for the $70 million Sunnyside Solar Farm, which was originally
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Carbon capture market to hit $4 trillion (Reuters)
Exxon Mobil Corp. (XOM.N) estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday. That is about 60% of the $6.5 trillion market the U.S. largest crude producer estimates for oil and gas by then. Carbon capture is an important
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The Role Blockchains can play in managing Climate Change
As the race to Net Zero continues, discussions around a unified approach to measurement and standardization remain front and center. Chainlink Labs, the organization developing the global decentralized oracle standard powering mainstream blockchain adoption, and Tecnalia, a leading European research institute, have released a new report providing a primer on how to accelerate the transition from fossil fuels
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New Tech Is Accelerating The Wind Energy Revolution
Wind energy production overtook coal and nuclear output in the United States in March. The fastest-growing wind and solar energy markets are the Netherlands, Australia, and Vietnam. New tech could help wind farms become smarter and more efficient. Wind energy production is steadily increasing, with several innovative projects being established around the world. While some
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Cheniere Launches Collaboration with Midstream Companies, Technology Providers and Academic Institutions
Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) today announced a collaboration with natural gas midstream companies, methane detection technology providers, and leading academic institutions to implement quantification, monitoring, reporting and verification (“QMRV”) of greenhouse gas (“GHG”) emissions at natural gas gathering, processing, transmission, and storage systems specific to Cheniere’s supply chain. The
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Honeywell & Petronas will collaborate on issues of sustainability, digitalization, and carbon neutral energy
Honeywell and PETRONAS have signed a Memorandum of Understanding (MoU) to collaborate on sustainability solutions in process technologies, industrial automation, and plant digitalization and in achieving carbon-neutral energy projects in the country. The MoU was signed on the sidelines of the biennial Offshore Technology Conference Asia (OTC Asia) by Honeywell Vice President of Global High
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Decarbonization
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