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OPEC Demands Consistency After Another IEA U-Turn

OilPrice

This weeks call from the International Energy Agency (IEA) for continued investment in existing oil and gas fields is another moment of truth for the Paris-based agency, highlighting its inconsistent messages about upstream investment, OPEC says. OPEC reviewed the messages the IEA has issued since 2017 in an article published on its website.

Field 303
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EPA’s New Audit Program for New Owners of Upstream Oil and Natural Gas Facilities

The Energy Law

Environmental Protection Agency (EPA) announced it had finalized a voluntary disclosure program for new owners of upstream oil and natural gas exploration and production facilities. EPA has said that this new program for upstream oil and gas facilities “is separate from” and “does not change” those preexisting audit policies.

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Beyond the Buzzwords: Electrification Isn’t Energy Efficiency 

American Gas Association

Use Full-Fuel-Cycle Measures: Prioritize FFC calculations to capture upstream and transmission-related emissions, ensuring policies address total environmental impacts. Promote Energy Efficiency as a Standalone Objective: Expand energy efficiency programs with incentives that lower overall energy use and consumer costs.

Energy 100
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Natural Gas Safeguards Energy System Through Winter Storms 

American Gas Association

Bcf.While natural gas production infrastructure is generally resilient against extreme weather, freeze offs in upstream production can occur when temperatures are low enough, and spiking demand can lead to consumption outstripping production. The natural gas kept in dispatchable storage facilities mitigates this as a problem.

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SEC’s Proposed Rules on Climate-Related Disclosures

The Energy Law

The challenges exist with respect to the disclosure of Scope 3 emissions, which are defined as all indirect GHG emissions not otherwise included in a registrant’s Scope 2 emissions that occur in the upstream and downstream activities of a registrant’s value chain. [4] Communications include firm news, insights, and events.

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How Does Blockchain Integration Impact Renewable Energy Procurement?

Navigate Power

Article at a glance Blockchain helps buy and sell renewable energy directly between users. Upstream: Companies that find and extract resources 2. All these stakeholders work together to run the upstream component of the industry, which requires quite a lot of data and coordination.

Energy 52
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How Free Water Knockouts Work

OilPro

In this article, we will explore what free water knockouts are, how they work, and the different types and design considerations to keep in mind when implementing them. In the oil and gas industry, the process of separating water and other impurities from crude oil and natural gas is crucial for efficient and safe production.