With last week’s launch of The Environmental Partnership, let’s take a more detailed look at the three emissions-reducing programs more than two dozen participating companies have announced as their initial focus: pneumatic controller upgrades, leak detection and well liquids removal. These sound a little technical, yet you don’t have to be a petroleum engineer to understand why the… Keep reading →
Norway’s biggest oil and gas producer, Statoil, has launched a new $200 million venture capital fund dedicated to investing in renewable energy. [Clean Technica] A new report, published by data analysis firm New Frontier, highlights the huge energy footprint of marijuana cultivation and outlines strategies to make production more energy efficient. [The Washington Post] Chinese-state… Keep reading →
An oil company CEO endorsing a global carbon tax? Forbes energy reporter Christopher Helman says he’s never heard the head of an American oil giant do it, although many – including ExxonMobil – factor a carbon price into their long-term planning. So he was surprised this week when recently installed Statoil CEO Eldar Saetre offered up just… Keep reading →
General Electric (GE) and Norway’s Statoil have announced a strategic collaboration to advance more environmentally friendly and economically sustainable technologies for oil and gas production. GE and partially state-owned Statoil have a long history of working together and both share a commitment to improving their environmental footprints, which is a goal increasingly valued by investors… Keep reading →
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →
Energy issues are more complex and interconnected than ever before, and for this reason energy has become front and center in many debates unfolding on national and international stages. This complicated mixture of issues – viewed through an energy-focused lens – can be summed up with 3 “C’s”, as described by Norwegian oil & gas… Keep reading →
Statoil’s CEO Helge Lund gave keynote remarks to the audience at Columbia University’s Center on Global Energy Policy Spring Conference last week. He also engaged in some Q&A with IHS Vice Chairman and author of The Prize Daniel Yergin, who asked Lund about how Europe looks at the US unconventional production boom predominantly fueled by… Keep reading →
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →
Replacing water for hydraulic fracturing operations with carbon dioxide is long-term prospect, but an attractive one. As part of its ecomagination program the company is trying to figure out the best way to get the super-cooled gas to deliver proppant. “GE, which is making a push into oilfield technology, is studying how a chilled form… Keep reading →
The idea that global oil production was nearing its peak, only to plateau and then decline was a common view in the energy world for many years. The geophysicist M. King Hubbert predicted in the 1950’s that US oil production would peak in the 1970’s, a forecast that held true until technology allowed companies to… Keep reading →
