Google Says No More AI or Machine Learning for Upstream Industry
The Internet giant is walking away from the exploraiton and production business following a report that claimed it was undermining its own climate initiatives by offering its machine-learning tools.
Nasser Satisfied With Aramco IPO, Advocates Climate Strategy
The head of the world’s largest oil company calls the current discussion of climate change too narrowly focused.
Tackling Carbon Emissions on a Grassroots Level
Alberta carbon conversion challenge yields potential GHG reduction of millions of metric tons per year.
European Investment Bank To Stop Funding Oil and Gas Projects
The bank funded some €2 billion in projects last year.
Industry’s Difficult Task: Meet Global Demand While Lowering Emissions
Panelists at the opening general session of the SPE Annual Technical Conference and Exhibition acknowledged the industry’s daunting challenge of meeting global demand while reducing its carbon footprint.
2019 SPE Offshore Europe Explores the Industry’s License To Operate
The biennial SPE Offshore Europe conference will explore a diverse set of topics, including the application of digital technologies and preparing for a low-carbon energy future and ongoing work around standardization and decommissioning.
What Lies Ahead for Hydrocarbons in the Global Energy Mix?
The energy transition is underway, and the push to reduce carbon emissions will be at the forefront of industry discussion in the coming years. What role will oil and gas play in the changing landscape? How diversified can our fuel mix be while still meeting growing energy demand?
Climate Change and SPE
Last year, SPE created a task force to study the topic of climate change and to determine if a public position statement should be created. After a year-long review, it recommended that we not develop a statement on climate change, which was accepted by the SPE Board of Directors in March.
CERAWeek: New ExxonMobil CEO Addresses Carbon Reduction, Expresses Optimism On US Gulf Coast Downstream
The new head of ExxonMobil used his first major public appearance to emphasize the major oil company's committment to environmental concerns through the development of emerging technologies.
Think-Tank Founder and Author Gives Morale Booster to Fracturing Conference Attendees
In the keynote speech at the SPE Hydraulic Fracturing Technology Conference, author and founder of the Center for Industrial Progress Alex Epstein explained the moral case for fossil fuels.
Guest Editorial: Climate Policy with Low Oil Prices
Without serious climate policy restrictions, the use of cheaper oil will likely grow and extend its life expectancy throughout the global energy system.
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26 May 2020