New York City is suing BP, Chevron, ConocoPhillips, Exxon Mobil and Royal Dutch Shell, saying that each has contributed to global warming and has cost the city billions of dollars as it has tried to mitigate the harm done from such things as deviant weather patterns. The oil giants, though, are firing back, noting that they are on board with efforts to reduce heat-trapping emissions.
The latest technologies poised to reduce water usage in onshore oil and gas production, according to General Electric and Statoil, include a water treatment via a nano-sponge, ice crystals and an evaporator tornado, as well as high-powered laser beams that make pipes super water repellent. Managing water is one of … Read more »
General Electric Ecomagination is partnering with BHP Billiton, Goldman Sachs and MWH, Intel, Masdar, Statoil, Total and Walmart to accelerate innovation in water and energy efficiency. The partners have taken on the following initiatives to improve productivity, reduce impact and increase returns: GE and BHP Billiton will work jointly to … Read more »
The Obama administration has cancelled 2016 and 2017 Arctic oil drilling lease sales. The US Department of the Interior on Friday said it will cancel two oil companies’ potential Arctic offshore lease sales scheduled under the current five-year offshore oil and gas leasing program for 2012-2017. It also denied Shell … Read more »
Statoil has joined the Environmental Defense Fund’s Methane Detectors Challenge — a collaboration between oil and natural gas companies, technology developers, environmental groups and government and academic advisors that aims to identify and bring to market new technologies that will help reduce methane emissions from oil and natural gas operations. EDF says … Read more »
General Electric and Statoil announced the winners of its inaugural Open Innovation Challenge, which focused on addressing the use of sand in unconventional operations. Sand plays a critical role in shale development and the hydraulic fracturing process. The proppant is mixed with water and injected into a formation to stimulate … Read more »