With abundant natural gas and oil supplies, no “major” technology breakthroughs are needed to meet an estimated at 2.5 trillion boe of demand by 2050, but by applying today’s best available technologies reserves could nearly double, while future technologies would add even more, BP plc said Monday in a report.
Carbon
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Carbon Capture, Storage Research Could Enhance NatGas Production
Researchers from Virginia Tech and the U.S. Department of Energy’s National Energy Technology Laboratory (NETL) made progress over the summer on a more than $14 million project to develop safer carbon storage methods that could also help recover more natural gas from shale and coalbeds.
Natural Gas Crucial to Low-Carbon Future, Say ExxonMobil, Shell CEOs
The CEOs of ExxonMobil Corp. and Royal Dutch Shell plc this week each said renewables have a role to play in future world energy supply, but natural gas still would lead the way toward a sustainable future.
California Lawmakers Pass Revised Climate Change Law
California lawmakers on Friday passed a watered-down climate bill (SB 350) and an oil pipeline safety measure (SB 414) directly related to the Plains All American Pipeline rupture in Santa Barbara in May (see Shale Daily, June 30).
New Player Muscles Into Powder River, Buying CBM Wells, Gas Plant
Moriah Group LLC, based in Midland, TX, is becoming one of the biggest operators in Powder River Basin (PRB) after securing a bundle of coalbed methane (CBM) gas wells from WPX Energy Inc. and Anadarko Petroleum Corp., as well as a big natural gas gathering system.
Leading Global E&Ps Call for Carbon Pricing to Push Positives of Natural Gas
Implementing a widespread and effective price for carbon emissions is critical to realize the "full and positive impact" natural gas can have…
Leading Global E&Ps Call for Carbon Pricing to Push Positives of Natural Gas
Implementing a widespread and effective price for carbon emissions is critical to realize the “full and positive impact” natural gas can have, the leaders of six leading global producers, including BP plc and Royal Dutch Shell plc, said Monday.
NGI The Weekly Gas Market Report
Statoil CEO Says Reducing Costs, Lowering Emissions Interlinked Industry Challenges
The oil and natural gas industry is facing two huge challenges, improving competitiveness and managing a transition toward a low carbon future, which combined represent "quite a frightening cocktail if we do not manage them in a proper way," Statoil ASA's CEO said.
Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions
To improve competitiveness in the oil and gas industry, don't work separately, work together, Statoil ASA CEO Eldar Saetre said…
Statoil CEO Says Reducing Costs, Lowering Emissions Interlinked Industry Challenges
The oil and natural gas industry is facing two huge challenges, improving competitiveness and managing a transition toward a low carbon future, which combined represent “quite a frightening cocktail if we do not manage them in a proper way,” Statoil ASA’s CEO said.