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Rubellite
Energy
In the gas and oil industry, the energy transformation is a matter that is regularly at the heart of discussions. Sue shares Rubellite’ s perspective on the subject, outlining the ways in which the company addresses sustainability.“ First and foremost, we believe that a full scale transition to renewable energy is not a smart or viable solution. Renewables are intermittent by design, which means it is impossible for them to be the sole, ultimate energy source. Hence, instead of talking about an‘ energy transition,’ we focus on the ongoing‘ energy transformation.’ This transformation is evident as society is progressively adopting ever cleaner technologies that contribute to all elements of the energy system and all forms of energy. Given the continuing surge in energy demands, which is now particularly driven by technology, artificial intelligence( AI), and the data center revolution, society’ s energy requirements are expanding rapidly. Moreover, there is a growing global population striving for prosperity and this whole world outside of the developed nations presents massive potential for explosive growth in energy demand. Meeting that demand and being part of helping move communities, countries and billions of people out of energy poverty to improved living standards, health and economic opportunities through access to reliable energy is our bigger world objective and doing so in an environmentally sustainable way is fundamental.
“ To support this goal of providing evercleaner energy, we are connected with multiple industry consortia dedicated to advancing clean energy technologies. On the technology side, there have been significant advancements in areas like methane emissions reduction. Recently, we have invested in gas conservation infrastructure in our Figure Lake field by
connecting our pads with an extensive gathering system and building a new gas plant to tie in our solution gas. With commissioning and start-up in late January 2025, we will work to significantly reduce flaring as a direct outcome of this initiative. Our approach prioritizes initiatives that not only contribute to environmental goals but also provide a return on our investments through revenue enhancements. While these projects may not always be as competitive as our primary business investments, we view them as worthy and important to our overall strategy, hence why we invest in them as well,” she adds.
Team focus
Sue goes on to explain how Rubellite’ s entrepreneurial approach and history permeate and shape the company’ s
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