Blockchain for Energy (B4E)

We are pleased to share Lynn Rouse, Strategic Relationship Manager at Chevron will speak at #CERAWeek's #CWAgora for "Chevron | From Innovation to Scale". Join us March 10-14. Register today at: https://okt.to/HAB053

What is ESG and why is it important to you and your business? In this short video we explain the basics and look at how Blockchain For Energy is creating solutions for this emerging business requirement. #BlockchainForEnergy #LearnLeadLeverage #BlockchainTechnology #EnergyCollaboration #ESG #EnergyTransition #OilandGas #DataDriven

Membership Options have landed! We offer a range of memberships to industry partners and these are open to Operators, Oilfield Vendors and both General and Technology focused participants. Membership dues are easily recouped through adoption of just one of our solutions, and with a range of benefits to your business and 4 solutions already in production, can you afford not to be part of the revolution? For more information please visit: https://loom.ly/YrCJbok #technology #technologyisawesome #tech #oilandgas

Join us at CERAWeek. Where true innovation will be highlighted. Enovate Ai B4ECarbon

A new age of trusted and transparent decarbonization management is upon us. Come join your peers in the #energy industry to be part of these needed digital transformation solutions utilizing a new digital way of working to Automate, Optimize and Decarbonize all in one place. The 3 Click Strategy. Contract us to learn more.

Membership Options have landed! We offer a range of memberships to industry partners and these are open to Operators, Oilfield Vendors and both General and Technology focused participants. Membership dues are easily recouped through adoption of just one of our solutions, and with a range of benefits to your business and 4 solutions already in production, can you afford not to be part of the revolution? For more information please visit: https://loom.ly/YrCJbok #technology #technologyisawesome #tech #oilandgas

COP29: Little Progress in Carbon Markets and Funding! The recently concluded COP29 in Azerbaijan painted a mixed picture of progress and setbacks in global climate action. While negotiators successfully established new UN standards for international carbon markets, the details remained elusive and unstructured, with more work to be done. This system, once operational, will allow countries to trade carbon credits to meet their climate targets. Proponents like Erika Lennon from the Center for International Environmental Law called the decision “hugely significant,” noting that it opens the door for a credible, transparent market after years of complex negotiations. However, experts cautioned that unresolved issues, including governance and additional safeguards, still loom large. Don’t expect structured regulated markets at the global level anytime soon. With this setback, the broader COP29 outcomes were met with additional disappointment. A highly anticipated climate financing target was significantly scaled back from an initial $1.3 trillion to $250 billion annually. This retreat angered representatives of developing nations, who called the move a betrayal of global climate commitments. Further complicating matters, the European Union’s push for increased contributions from China fueled division among participants as China is not considered a developed nation under UN definitions. The host nation, Azerbaijan, also faced criticism for prioritizing trade deals over climate leadership, highlighting the event's complex geopolitics. COP29 advanced some technical frameworks, such as the carbon market standards, but failed to deliver the bold commitments needed to combat the climate crisis. With critical issues deferred to COP30 in Brazil, global eyes will now turn to the next summit for decisive action. Expectations are low. Find out how B4E is leading the way in emmisions reporting with our B4ECarbon solution: https://loom.ly/KCdx_Uo #environmentallaw #standards #carbonmarket

Is LNG’s Environmental Footprint Less Than Thought? Liquefied Natural Gas (LNG) continues to dominate global energy markets, with the United States as a leading exporter. However, concerns over its environmental impact, particularly greenhouse gas (GHG) emissions, persist. A groundbreaking study by Roman-White et al., titled Gas Pathing: Improved Greenhouse Gas Emission Estimates of Liquefied Natural Gas Exports through Enhanced Supply Chain Resolution, sheds new light on the complex emissions profile of LNG. The study refined Life Cycle Assessments (LCAs) to quantify emissions across the LNG supply chain better, revealing significant variability based on pathways and operational specifics. Utilizing an advanced gas pathing algorithm, it identified 138 distinct routes for natural gas within the U.S. This granular approach unveiled emissions differences of up to six times between pathways. The research suggests that earlier studies may have overstated LNG’s emissions. Reference case GHG intensities for U.S. LNG delivered to Europe were found to be 22-53% lower than prior estimates. However, when incorporating modern measurement data, emissions were adjusted upward by 41-52% yet remained 20-28% lower than older studies relying on outdated methodologies. The study offers actionable insights for shaping energy policies, optimizing supply chains, and fostering informed consumer choices. Accurate, auditable emissions data, like that provided through B4ECarbon, could drive regulations that balance LNG’s economic role and environmental impact. For the industry, the findings provide tools to enhance operational efficiency and sustainability. This research also contributes to ongoing debates about LNG’s place in the energy transition. While critics argue LNG could rival coal’s emissions, the nuanced analysis by Roman-White et al. underscores the importance of supply-chain-specific assessments for making informed comparisons. #groundbreakingstudy #energymarket #ghgemissions #naturalgasexports

Exciting News from Blockchain for Energy (B4E)! We are thrilled to announce Raj Rapaka as the new Chairperson of Blockchain for Energy! ?? Raj, who represents ExxonMobil on the B4E Board of Directors, will be leading the consortium as Chairman for the next two years. With ExxonMobil at the helm, this marks a pivotal moment for innovation and collaboration in the energy industry. Together, we’re pushing the boundaries of what blockchain technology can achieve in Oil and Gas. If you’re in the Oil and Gas sector, the question is: Why aren’t you here? Join us as we drive transformative change, solve industry challenges, and unlock new possibilities. Let’s shape the future of energy—together. ?? Follow us for updates and learn how you can be part of the movement! #BlockchainForEnergy #OilAndGas #Innovation #Leadership #ExxonMobil