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ExxonMobil, working with the National Center for Supercomputing Applications (NCSA), has achieved a major breakthrough with proprietary software using more than four times the previous number of processors used on complex oil and gas reservoir simulation models to improve exploration and production results.
As part of its ongoing “Technology Strategy”, Gazprom Neft has established a programme directed at developing technologies to exploit oil reserves located below a gas cap.* Implementation of the projects within this programme will, in the long term, allow some 215 million tonnes of oil reserves to be brought into development.
Synthetic Genomics, Inc. and ExxonMobil (NYSE: XOM) announced today that they have extended their agreement to conduct joint research into advanced algae biofuels after making significant progress in understanding algae genetics, growth characteristics and increasing oil production.
Costain has launched a revolutionary new tool designed to reduce the environmental impact of the construction and infrastructure sectors on the planet. The Carbon Infrastructure Transformation Tool (CITT) is the first programme of its type and automatically detects carbon emission hot-spots in the earliest stages of delivering a complex project by flagging them on a computer dashboard.
NRG Energy, Inc. (NYSE:NRG) and JX Nippon Oil & Gas Exploration Corporation (JX Nippon) have completed construction, on-budget and on-schedule, of Petra Nova, the world’s largest post-combustion carbon capture system.
ExxonMobil announced today its development of cMISTTM technology, which dehydrates natural gas using a patented absorption system inside pipes and replaces the need for conventional dehydration tower technology. This “in-line” technology could be deployed at both land-based and offshore natural gas production operations.
Rosneft, Marubeni Corporation and Mitsubishi Heavy Industries ltd. signed a Cooperation Agreement on a joint feasibility study for a project to build a gas chemical facility in the Far East of Russia. The document was signed on the sidelines of Russian President Vladimir Putin's official visit to Japan by Rosneft Chief Executive Officer Igor Sechin, President and Chief Executive Officer of Marubeni Corporation Fumiya Kokubu and Senior Vice President of Mitsubishi Heavy Industries ltd. Yoichiro Ban.
E.ON fosters the development of a game-changing technology to produce power from wind. The company invested in Kite Power Solutions (KPS). This British start up company secured a new investment of approx. 6 million euro. E.ON invested along with Schlumberger and Shell Technology Ventures.
Technip and Chemetry have signed an exclusive cooperation agreement for the licensing and engineering of Chemetry’s eShuttle™ technology for the production of ethylene dichloride (EDC). EDC is a commodity chemical produced worldwide and used primarily for PVC(1) plastic production.
GE by applying existing hardware and software solutions, today announced that up to a new analysis that can reduce by 10% the carbon dioxide emissions from coal and gas-fired power plants around the world.