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Global oil and gas decommissioning activity expenditures are anticipated to reach $100 billion through 2030 according to a recent article in JPT https://lnkd.in/g3Z2nrze. But what if these expenses could be deferred for 30 to 50 years or longer while also, implementing technology that could reduce your carbon footprint and your operating expenses. Would it be profitable for oil companies if they could reduce the risk and cost associated with drilling dry holes into water-bearing formations? Does this sound interesting to you? What if there were a sustainable and reliable alternative to renewable energy provided by wind and solar that is available 24/7. It is all possible with new patented technology I've developed that transitions water from a liability into a revenue generating commodity that will significantly change oil and gas industry business models, while lowering operating expenses, lowering oil and gas industry carbon emissions and providing a reliable low carbon renewable energy resource that is available whenever needed. If you would like information or would like to determine if this technology could be applicable to your operations, send me a message. #oilandgas #decommissioning #renewableenergy #subsurfacewells #energy #emissionreduction #co2 #carbonfootprint

Targray Environmental Commodities 🌎 is proud to offer Green-e® Energy certified renewable energy certificates (RECs), designed to help organizations achieve environmental compliance and fulfill their ambitious ESG mandates. Acquiring and budgeting for RECs can create challenges and delays for firms that do not specialize in renewable energy credits. With our integrated environmental products & solutions, companies can minimize the administrative costs and complexities related to REC procurement and streamline their renewable energy efforts to create better business outcomes and a smaller carbon footprint. Targray worked with the Center for Resource Solutions to earn its Green-e Energy® certification – the industry standard for renewable energy verification. The certification ensures that the renewable energy is generated from new facilities, marketed accurately, and delivered to the buyer, who maintains sole title. Learn more: https://lnkd.in/dDt4Y_gU #RECS #Carboncredits #Renewables #Sustainability #GreenE

In my newsletter last week, I analyzed Greenpeace Canada's report on Shell's Quest CCS Facility to determine how sustainable this facility is and what the future holds for carbon capture and renewable energy technology in the oil and gas industry. Below are a few of the key points I touched on: - Greenpeace Canada reported recently that Shell has an agreement with the Alberta government for its Quest CCS (carbon capture and storage) facility where it receives carbon credits in turn for a reduction in greenhouse gas emissions -The only thing is that these greenhouse gas emissions apparently never happened, and the company generated $406 million in revenue (50% of which came from these carbon credits) - In order to meaningfully reduce greenhouse gas emissions in the oil and gas industry, I believe the carbon pricing system needs to be economically viable and provide certainty for oil and gas producers that are undertaking these capital-intensive projects -Despite Greenpeace Canada’s report on Shell and how the Canadian oil and gas industry needs to do more to reduce greenhouse gas emissions, I believe current and future CCS, CCUS, and renewable energy projects, including the Quest CCS facility, can help with the progress made so far, without needing oil and gas producers to significantly decrease oil and gas production Click the link below to read my full analysis! https://lnkd.in/gwbQS7RS

The government, in collaboration with the Special Investment Facilitation Council (SIFC), has signed a $10 billion agreement to construct a new oil refinery, aiming to address the country's energy crisis and bolster economic growth. Simultaneously, efforts are underway to explore coastal oil and gas reserves, with anticipated investments ranging from $5 to $6 billion. Moreover, a 150-megawatt solar power plant in Sukkur and a one-megawatt plant in Hunza have been established through private partnerships. SIFC is prioritizing hydel, solar, and wind energy over coal and furnace oil to promote sustainable energy generation. #EnergyCrisis #OilRefinery #SolarPower #RenewableEnergy #Investment #SustainableDevelopment

The government, with the support of the Special Investment Facilitation Council (SIFC), has signed a landmark agreement worth $10 billion to build a new oil refinery. This project aims to address the country's energy crisis, which has been hindering economic growth. In addition to the oil refinery project, initiatives are underway to explore coastal oil and gas reserves, expected to attract investments ranging from $5 to $6 billion. Moreover, two solar power plants, one in Sukkur with a capacity of 150 megawatts and another in Hunza with a capacity of one megawatt, have been established through Public Private Partnership. The SIFC prioritizes sustainable energy generation through hydel, solar, and wind power, shifting focus away from coal and furnace oil. These projects align with the government's vision for a sustainable future and are expected to contribute significantly to the country's energy landscape. . . . #EnergyCrisis #OilRefinery #SolarPower #RenewableEnergy #Investment #SustainableDevelopment #tribunetrends

The funding will aid the creation of a new research initiative focused on decarbonizing the oil and gas sector and advancing the shift to clean energy.

Gulf oil producers are expanding their focus to include natural gas in their global pursuits. While renewable energy sources gain momentum, the importance of natural gas as a transitional fuel is recognized. Natural gas, a cleaner alternative emitting fewer greenhouse gases, is vital in the shift towards sustainable energy systems. It plays a crucial role in balancing renewable energy sources like solar and wind power. Diversifying portfolios to stay competitive, Gulf oil producers are strategically tapping into the global natural gas market. This move acknowledges evolving energy trends and emphasizes the need for a diversified energy mix for long-term sustainability.

The Middle East’s strategic energy landscape is evolving with ongoing investment in key projects, as highlighted in World Oil’s latest report. As global energy demands intensify, Middle Eastern countries are channeling substantial resources into oil, gas, and renewable projects to strengthen their influence and resilience in the energy market. This commitment underscores the region's dedication to balancing traditional energy resources with sustainable initiatives, preparing for a future that values both economic growth and environmental responsibility. With an eye on expanding infrastructure and securing global partnerships, the Middle East is positioning itself as a vital player in the global energy transition. For Full Information of News Article and Insights, Visit- https://lnkd.in/gdad39Kw Browse Related Reports to Oil, Gas and Renewable with Market Insights: 1. Middle East Green Fuel Market - https://lnkd.in/gQumDvWm 2. MENA Renewable Energy Market - https://lnkd.in/gZH6m8jJ 3. MENA Oilfield Service Market - https://lnkd.in/gwPnY7X6 #MiddleEastEnergy #GlobalEnergyMarket #SustainableInvestments #EnergyTransition #BusinessGrowth #InfrastructureDevelopment #OilAndGas #RenewableEnergy #EnergySecurity

EMPG now is the sole agent for NEM Energy Group in #Egypt. Building on EMPG’s business development experience and NEM's experience in heat transfer technology.