Under increasing pressure to decarbonize and shift away from traditional fossil fuels, the world’s leading oil and gas companies are ramping up investments in the biofuels sector. Major players such as BP, Chevron, Shell, TotalEnergies, ExxonMobil and Eni are incorporating biofuels into their broader energy transition strategies, recognizing the growing global demand for sustainable fuel sources.
According to Rystad Energy’s research, these six oil majors have announced a total...
Western Australia has reaffirmed its commitment to net zero with a plan for carbon capture, utilisation and storage (CCUS) announced today.
“The WA Government’s CCUS Action Plan and funding support is evidence of how states can seize the economic opportunities of net zero while reducing emissions,” Australian Energy Producers WA Director Caroline Cherry said.
“The Action Plan is an important step to attracting investment in CCUS, creating new jobs, and building a major new...
On a glorious spring weekend members and friends of the SA/NT Branch were able to participate in a self-drive field trip led by Rhodri Johns and Elinor Alexander. This was a joint field trip with PESA SA/NT, GSA and the Field Geology Club of Adelaide. It was an opportunity to investigate the Cambrian evolution of South Australia through spectacular seismic scale coastal exposures along the west coast of the Fleurieu peninsula.
Although a two-day field trip participants had the...
The global transition to clean energy is gaining momentum, heavily relying on renewable technologies such as solar PV cells and wind turbines, alongside energy transition solutions like hydrogen, energy storage, and carbon capture. This shift has triggered an unprecedented surge in demand for critical minerals, posing significant challenges in achieving international energy transition goals, says GlobalData, a leading data and analytics company.
GlobalData’s latest Strategic...
Australia’s energy security will be put at risk if decision-makers ignore the science of seismic surveys – a safe and proven technology that is critical for finding and developing new gas supply.
That is the view of Australia Energy Producers (AEP) Chief Executive Samantha McCulloch, who said: “Seismic surveying is a strictly regulated technology that has unlocked Australia’s vast offshore gas resources and delivered reliable energy for millions of...
DUG Technology (DUG) has announced a new partnership with PetroVision aimed at promoting and delivering specialised seismic data processing solutions in Nigeria.
DUG is a global technology company providing high-end geoscience services, advanced analytical software and reliable cloud-based high-performance computing (HPC). PetroVision is an integrated energy consultancy advising on geoscience, engineering and economic aspects in the upstream, midstream and downstream sectors whilst also...
Geoscience Australia is contributing to global action on seabed mapping by signing a Memorandum of Understanding with The Nippon Foundation-GEBCO Seabed 2030; in the process becoming the first Australian Government organisation to do so.
Dr James Johnson, Chief Executive Officer of Geoscience Australia, joined Jamie McMichael-Phillips, the Director of Seabed 2030 at Geoscience Australia’s Symonston headquarters for the signing.
“We are thrilled to formalise our partnership with...
The International Energy Agency (IEA) recently released its annual World Energy Outlook (WEO) for 2024. The IEA says that for markets to absorb all the new LNG supply and continue to grow past 2030 would require a combination of lower prices, higher electricity demand, and slower energy transitions.
The IEA States the:
“Existing LNG export capacity and new capacity under construction is sufficient to meet projected demand in the STEPS until 2040. This suggests that no further projects...
Viridien has announced the US launch of its industrial Viridien Cloud for AI and HPC production at SuperComputing 2024. This move expands on Viridien Cloud’s established success in Europe, by now offering tailored cloud solutions and end-to-end expertise to optimize compute-intensive production workloads for US industries.
Building on decades of established HPC operations in the US that have supported its subsurface imaging business, Viridien is now introducing its innovative cloud...
By Max Williamson
CONCLUSIONS
Potential buyers and users of EV’s need to be extremely wary and questioning of the claims, counter claims and promo materials being put out by the vested interests.
If UBER is getting completely out of hybrids for its fleet, there must be economic support for EV’s versus hybrids for higher use operators and commercial fleets.
The second-hand market for older model EV’s, including Teslas is dramatically negatively impacted by the age of...