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3 Oil Majors That Bet Big On Renewables

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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

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IHS Markit: oil sands greenhouse gas intensity declined 20% over past decade

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New research by the IHS Markit Canadian Oil Sands Dialogue shows that the combined greenhouse gas (GHG) intensity of Canadian oil sands projects has declined 20% from 2009 levels. The latest data show that the greenhouse gas intensity of Canadian oil sands going down further, continuing a decade-long trend.

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% The decline in 2020 of -5.2% increase in 2021.

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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

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BP released the 68 th annual edition of the BP Statistical Review of World Energy (BP Stats Review), a comprehensive collection and analysis of global energy data. This year’s edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon emissions.

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Global Carbon Project: Global carbon emissions growth slows, but hits record high

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Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. and China account for more than half of all carbon dioxide emissions globally.

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Indian Oil signs MOU with LanzaJet on sustainable aviation fuel production in India

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Indian Oil Corporation, India’s leading energy major, has entered into a memorandum of understanding (MOU) with LanzaJet to explore the development of sustainable aviation fuel (SAF) production in India. As a rapidly developing country, India’s energy transition will play a pivotal role in global energy markets.

India 170
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ARPA-E selects SwRI to create more effective burner to reduce methane emissions

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of the methane encountered during oil production. of the methane in gas flares used by the oil and gas industry. It is one of several projects funded in support of the US Methane Emissions Reduction Action Plan, announced at the 2021 United Nations Climate Change Conference (COP26). The three-year, $2.9-million

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