As the carbon management industry rapidly emerges—and rapidly evolves—carbon offsets and credits are playing an increasingly important role.
Since it is impossible for any production or manufacturing operation to completely eliminate CO₂ emissions, carbon credits become essential. But how are those credits applied? And what do they really mean for the long-term future of decarbonizing the environment?
BlueSphere Carbon serves as an online marketplace for buying and selling carbon credits. Its chairman, Shidan Gouran, recently sat down with Hart Energy to explain how the markets are working, and what more needs to be accomplished, to solidify carbon management as true industry amid the energy transition.
2022-07-21 - A Houston-based company is gearing up for a field trial in the Permian Basin to prove technology that aims to produce hydrogen biologically found in the oil reservoirs.
2022-09-20 - Here’s a roundup of the latest E&P headlines including a new EIS for a project in Australia to contract awards around the globe from the past week in the upstream oil and gas industry.
2022-08-26 - In August, the combined oil and gas count in the U.S. was down two rigs after rising for a record 24 months in a row, according to Baker Hughes in its closely followed report.
2022-07-15 - Dutch E&P company ONE-Dyas was allowed to develop a gas field in the North Sea but received pushback when Environmental Action Germany and Mobilisation for the Environment filed a lawsuit in the Court of Justice in The Hague, challenging the project.
2022-07-19 - National oil companies in China are making a greater effort to increase production of shale oil and gas, leading to Sinopec tapping 30 tonnes of oil and 1,500 cu. m of gas daily in an eastern mature field.