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Sustainability article round-up: September 2022

The Ipieca sustainability article round-up showcases recent sustainability-related achievements, projects and news from Ipieca members, demonstrating their support for the Ipieca Principles around advancing environmental and social performance across the energy transition. We also highlight initiatives from our partner organizations and share insights from key United Nations meetings.

The September round-up has a clear climate focus, with members continuing to advance emissions reductions and low-emissions pathways, making important steps in the development of key infrastructure, technology and value chains for a sustainable energy transition. We also highlight the recently launched Alliance for Industry Decarbonization founded by IRENA and Siemens Energy.


Member sustainability articles

ADNOC + Eni + OMV

Joint venture to complete first phase of innovative Waste Heat Recovery project

ADNOC Refining, a joint venture between ADNOC, Eni and OMV, is close to completing the first phase of its project which will recycle waste heat generated from the plant to produce up to an additional 230 megawatts of electricity per day. The project is expected to increase power production and thermal efficiency by around 30% with no additional carbon dioxide emissions.

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Chevron

Agreement with MOECO to unlock Japan’s significant geothermal potential

A collaboration between Chevron New Energies and Mitsui Oil Exploration Co (MOECO) will explore the technical and commercial feasibility of advanced geothermal power generation in Japan. The study will evaluate the effectiveness of Advanced Closed Loop technology, which has the potential to enable access to geothermal resources at a wider range of temperatures and geologies than conventional steam turbine-reliant projects.

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Energy Resources Aotearoa

New report and sector accord foster collaboration towards net-zero ambition

A new report from Energy Resources Aotearoa details how collaboration across the energy sector and with the New Zealand government is key to an affordable energy transition. The publication of the Fuelling the energy transition report coincides with the launch of the Energy Resources Sector Net Zero Accord, under which signatories agree to share best practice and advance emissions reductions and the development of low-emissions pathways to support the transition.

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Equinor + Shell + TotalEnergies

World’s first commercial agreement on cross-border CO2 transportation and storage

The Northern Lights joint venture owned by Equinor, Shell and TotalEnergies has signed the world’s first commercial agreement for the transport of carbon dioxide captured from an ammonia and fertiliser plant in the Netherlands, to a permanent storage facility under the seabed off the coast of Norway. The agreement is an important step in the development of essential infrastructure and value chains for the large-scale decarbonization of Europe.

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QatarEnergy

QatarEnergy affiliates launch the world’s largest blue ammonia facility 

A collaboration between QatarEnergy Renewable Solutions and Qatar Fertiliser Company will establish the first world-scale blue ammonia project. With a capacity of 1.2 million tons per annum, the Ammonia-7 project will support the transition to low-carbon electricity.

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Schlumberger + Aramco

Collaborating on digital sustainability solutions for hard-to-abate sectors

Schlumberger and Aramco have announced plans to develop a digital platform that will enable companies in hard-to-abate industrial sectors to collect, measure, report and verify their emissions, whilst evaluating different decarbonization pathways. The open architecture of the platform will enable future extensions into other aspects of sustainability, such as water management, methane, flaring reduction, and carbon capture and storage.

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Schlumberger + Woodside Energy

Ipieca members continue to back OGCI’s global initiative to cut methane emissions

Two more Ipieca members have signed on to the Oil and Gas Climate Initiative (OGCI) hosted ‘Aiming for Zero Methane Emissions Initiative’ in a bid to achieve near-zero methane emissions from oil and gas operations by 2030. Schlumberger and Woodside Energy join Ipieca members Aramco, bp, Chevron, Eni, Equinor, ExxonMobil, Neptune Energy, Occidental, Petrobras, Repsol, Shell, TotalEnergies and Wintershall Dea as signatories, and Ipieca as a supporting organization.

Read Schlumberger’s announcement

Read Woodside Energy’s announcement


Ipieca insights and partnerships

International Renewable Energy Agency

IRENA and industry leaders launch Alliance for Industry Decarbonization

The International Renewable Energy Agency, co-founding partner Siemens Energy and 13 companies including Ipieca members Eni, Equinor and Repsol, have launched the global Alliance for Industry Decarbonization. The coalition of energy-intensive sectors aims to accelerate the decarbonization of industrial value chains and advance contributions to the aims of the Paris Agreement.

Read more


Related Ipieca resources and news

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