Oil and Gas Rigs Could Soon Store CO2
Rather than spending millions of dollars to decommission oceanic oil and gas rigs, new research suggests that they could be used to combat the climate crisis. A new study from the University of Edinburgh says that North Sea oil and gas rigs could be modified to pump vast quantities of carbon dioxide emissions into rocks […]
Is Big Oil’s Natural Gas Bet Turning Sour?
Big Oil’s Stake in Natural Gas Industry Big Oil has staked quite a claim in the natural gas industry in recent years, with supermajors building their presence in that segment in anticipation of the global energy shift from more to less polluting energy sources. Now, however, this claim is backfiring. Supermajors Suffer Dip in Q2 […]