Exxon Mobil and Princeton University’s Andlinger Center for Energy and the Environment have renewed their collaboration to research lower-emission technologies and energy solutions, the company said on July 2.
Norway-based consultancy DNV GL said global energy use would be 8% lower in 2050 than previously expected due to the impact of the pandemic.
In hopes of avoiding a slowdown in momentum caused by the current downturn, OGCI Climate Investments launched a new program to finance oil and gas projects focused on methane reduction technologies.
Renewables and new technologies could push power emissions to zero but would do so in different ways across global markets.
Schlumberger CEO Olivier Le Peuch said the restructuring will include cuts in the oilfield service company's product lines and focus its operations on five key oil basins.
Oil and gas operators and service providers maintain a long-term view on emissions management.