Indian Oil plans $30bn investment for net-zero
In a gathering of shareholders, Indian Oil chairman Shrikant Madhav Vaidya announced major investments for the firm.
28 August 2023
28 August 2023
In a gathering of shareholders, Indian Oil chairman Shrikant Madhav Vaidya announced major investments for the firm.
The companies are accused of “deceiving the public” by campaign group Greenpeace.
RWE Gas Storage CZ owns six underground gas storage facilities, which have a combined operating volume of over 2.7 billion m³.
ProFrac has defeated Halliburton in a US federal court after a jury found its electric fracking technology did not violate Halliburton patent protection.
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Although quantum computing is still in the R&D stage, its potential use cases in the oil and gas industry are numerous and are likely to expand. Oil majors, such as BP and ExxonMobil have joined IBM’s Q Network to develop quantum computers that will increase the understanding of subsurface geology. Companies are also looking at these computers to study molecular modeling and emission mitigation. Besides, the long-standing problems of matching demand with production and optimizing supply chains could be solved using quantum computing.
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