oil and gas

More oil and gas companies are ditching diesel and natural gas generation for renewables to power field operations, a new study from IHS Markit suggests. The market research company says it has so far tallied

Chevron seeks to source more than 500 megawatts of renewable electricity for its operations OAKVILLE, ON, July 30, 2020 /PRNewswire/ – Chevron U.S.A Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), and Algonquin Power & Utilities Corp. (“Algonquin”) (TSX: AQN) (NYSE: AQN) today announced an agreement seeking to co-develop renewable power projects that […]

The onset of the COVID-19 pandemic is not the type of thing enterprise technologists could see in our magic crystal ball. Before the onset of the virus and its effects, I set out three predictions for the energy, utilities, and resources sector for the coming year—but of course, a global shutdown of business, transport, and […]

Siemens Gamesa has bagged a lucrative contract to supply 11 8-MW offshore wind turbines to Equinor’s 88-MW Hywind Tampen floating wind farm, a first-of-its-kind project that will power oil and gas platforms 140 kilometers offshore Norway.  Equinor—as Statoil, Norway’s state-owned oil company, is now named—announced a final investment decision to build Hywind Tampen on Oct. […]

Oilfield service providers are increasingly moving beyond oil and gas development work, and into renewable energy projects, according to a study conducted by Rystad Energy, an independent research and business intelligence company that provides data, tools, analytics, and consultancy services to the global energy industry. In findings released on Oct. 29, Rystad said that oil […]

Peabody, MA:  The Colorado Oil and Gas Producer Bonanza Creek Energy is taking advantage of the Entrained Gas Management (EGM) that ensures both stable and uninterrupted measurements of oil with high gas content. Integrated in OPTIMASS Coriolis flowmeters, the technology provides a cost effective, rugged, and reliable measurement for accurate well allocation information. Denver-based Bonanza […]

Although the U.S. and Canada are both aiming for similar greenhouse gas (GHG) emissions reductions, the two countries are embarking on decidedly different approaches to reaching their goals, according to a report released on August 23. IHS Markit—a company that provides information, analytics, and solutions to customers in business, finance, and government—developed the report, titled […]

Construction of a 50-MWt plant that will demonstrate a novel oxyfuel natural gas power system using Allam Cycle technology with zero atmospheric emissions has kicked off in La Porte, Texas. The demonstration plant is being built by the technology’s developer, Durham, N.C.–based NET Power, along with Exelon Generation, CB&I, and 8 Rivers Capital. NET Power’s […]