Emissions , Renewables , Drilling

Maersk Drilling Commits to 50% CO2 Emissions Reduction by 2030

The target is supported by Maersk Drilling’s strategic focus on efficiency gains, which also leads to reduced CO2 emissions.

September 18, 2020

Exploration & Production , Emissions , Technology

E&P Industry Pulse: How Upstream Players Can Decarbonize with Positive Returns

An upstream oil and gas company’s detailed road map outlines how to design a cost-effective decarbonization strategy

September 18, 2020

Business , Emissions

CEO Group Supports Carbon Pricing to Fight Climate Change

Business Roundtable previously had no position on the subject.

September 17, 2020

Exploration & Production , Methane , Health, Safety & Environment , Emissions , Shale Plays , Technology , Pipelines , System Integrity

Methane Leak Technology Bolsters Oil Industry’s ESG Efforts

By providing details on emissions, oil and gas consultancy Kayrros helps companies to plug the leaks and impress investors.

September 17, 2020

Investment , Health, Safety & Environment , Emissions

Study: Global Net-zero Emissions Goal Would Require $1-2 Trillion Yearly Investment

As a result of the energy transition needed, oil demand could be slashed from 100 million bbl/d in 2019 to around 10 million bbl/d by mid-century, the study said.

September 17, 2020

Methane , Legislation , Health, Safety & Environment , Emissions

California, 19 Other States, Sue Trump Admin for Weakening Methane Rules

The lawsuit targets two policy amendments announced by the Environmental Protection Agency in August that roll back methane emissions curbs on the oil and gas industry and weaken requirements for leak detection.

September 14, 2020

Investment , International , Emissions , Technology

PATH FORWARD: DNV GL’s Liv Hovem on the Energy Transition and What it Means for Shale

The company’s 2020 Energy Transition Outlook forecasts that carbon emission reductions will fall far short of the Paris agreement’s 2050 goals.

September 14, 2020

Public Capital , Private Equity , Emissions , Technology , Acquisitions & Divestitures

Baker Hughes Continues to Shed Oilfield Assets with SPC Flow Unit Sale

The sale follows comments CEO Lorenzo Simonelli made recently about downsizing Baker Hughes’ oilfield services and equipment portfolio in preparation for the energy industry’s transition to a low-carbon future.

September 10, 2020

Public Capital , Health, Safety & Environment , Emissions , Renewables , Acquisitions & Divestitures

BP Enters Offshore Wind Through $1.1 Billion Acquisition of US Assets

The acquisition marks BP’s entry into offshore wind and follows a new strategy that sees the British oil major accelerating its shift away from fossil fuels.

September 10, 2020

Public Capital , Exploration & Production , Health, Safety & Environment , Emissions , Shale Plays

ConocoPhillips Pulls Request for Extension of Flaring Permits at Multiple West Texas Sites

ConocoPhillips continues to take steps to reduce flaring in Permian Basin's Goldsmith area, John Roper, director of the company's media relations and crisis communications, told Reuters.

September 8, 2020