Renewables Powering More O&G Operations

Energy Companies Begin Turning to Renewables to Power Oil and Gas Operations
Oil and gas field operations are beginning to be fueled by a surprising source—renewable energy, according to new research by IHS Markit… While the numbers are small, they have been growing rapidly over just the past couple years. There had been fewer than 15 of these renewable energy projects from the early 2000s (when the industry first deployed such technologies) through 2017. IHS Markit now tallies more than 45 announced projects in its Oil and Gas Field-based Renewable Energy database, with 13 announcements made in 2018 and 15 made in 2019. Link to Content

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