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Shell Technology Ventures to invest several $100 millions in emerging tech companies over next 6-8 years

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The company will look at areas including gas production and conversion; geophysical imaging; chemical manufacturing and conversion; novel materials; enhanced oil recovery; and water treatment. Petroleum Development Oman (PDO) contracted GlassPoint to build the plant, which is currently being tested.

Companies 247
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France’s IFPEN studying industrial potential of onshore sources of natural hydrogen

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IFP Energies nouvelles (IFPEN) has become one of the first global research centers actively to investigate onshore natural hydrogen emissions after the discovery of offshore sources of the gas in the 1970s. IFPEN is a French public-sector research, innovation and training center active in the fields of energy, transport and the environment.

Hydrogen 225
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IHS Markit identifies 5 billion barrels of oil equivalent in short-cycle opportunities outside North America

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New energy research from business information provider IHS Markit has identified more than five billion barrels of oil equivalent (BOE) in numerous smaller, previously bypassed, or underperforming reservoirs outside North America that offer oil and gas operators a shorter-cycle path to production than new, frontier projects in undeveloped areas.