How shifts in energy markets present an opportunity to invest in a sustainable future.
Lower oil prices will likely be with us for the next several years, given how market cycles tend to have lags. The oil and gas industry faces a choice: Adopt a defensive crouch until a recovery takes hold or push forward and invest in a future of sustainable energy.
Beyond headlines about oil prices, innovation is helping to bring about a more efficient oil and gas industry.
The oil and gas industry is experiencing a transformation, one that is broader and more long-term than what you read in the headlines about market swings. There’s a fundamental shift underway toward more innovative, efficient practices across the whole oil and gas value chain.
Trillions of dollars need to be invested in power over the next two decades. Here’s how to make emissions-reducing projects more attractive.
Over the course of 2015, large parts of the energy and environmental world will focus attention on achieving a new form of legally binding climate agreement in Paris under the auspices of the UN Framework Convention on Climate Change.
In the choppy waters of the marine business, stability is the name of the game. Whether exploring for oil & gas in deep waters offshore, touring in a luxury cruise-liner or transporting LNG, everyone is after the same thing — greater efficiency.
n.
an evergreen or artificial tree decorated with lights, tinsel and other ornaments in celebration of Christmas
OR
(general) a machine which controls the flow out of a well
(pictured) the GE Christmas tree, a subsea tree for undersea oil and gas wells
In future columns, I’d like to discuss in detail these technologies and how they are so important to a sustainable future. But what is energy sustainability, and how can it be viewed globally?
That’s the type of incredibly harsh environment that GE researchers are competing with as we design electrification equipment for our customers that will power oil and gas processing functions reliably on the seabed.