Electrification alone will be insufficient to decarbonize the energy sector, said speakers at the LDC Gas Forums Northeast event in late July. Enbridge Inc.’s Steve Elliott, director of business development, told the Boston conference that about 80% of the world’s energy is currently consumed as a molecule, with the remaining 20% consumed as an electron.…
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Canadian Heavyweights Launch CCUS, Financial Efforts as Carbon Tax Increase Looms
A rising Canadian carbon tax, scheduled to jump more than four-fold by 2030, has triggered a campaign by fossil fuel industry heavyweights to turn the greenhouse gas (GHG) emissions penalty into commercial opportunities. The efforts so far include TC Energy Corp., Pembina Pipeline Corp., Shell Canada Ltd., Canadian Imperial Bank of Commerce (CIBC), Sproule Associates,…
Shell Considering Alberta CCS Expansion to Reduce Refinery, Petrochemical Emissions
Shell Canada Ltd. on Tuesday set a 2023 target for a decision on expanding its Alberta carbon capture and storage (CCS) operation by adding an Edmonton-area oil refinery and petrochemical plant to the network. The expansion, titled Polaris CCS, would collect 750,000 tons/year of greenhouse gas (GHG) emissions from Shell’s Scotford plants east of the…
Sempra CEO Calls California, Texas Utilities ‘No. 1 Story’
San Diego-based Sempra plans to add to its five-year $32 billion capital expenditure (capex) budget, with most for the utilities in California and Texas, senior executives reported on Tuesday. Since last year the California utilities Southern California Gas Co. (SoCalGas) and San Diego Gas and Electric Co (SDG&E) have added $900 million to capex plans…
Baker Hughes Revving Up Synthetic Natural Gas Technology, CCUS Options
Baker Hughes Co. is expanding its global carbon capture portfolio with an investment in an upstart company developing synthetic natural gas (SNG) that could be stored and transported in existing pipelines. The Houston-based oilfield services operator said Monday it is taking a 15% stake and a board seat in Germany’s Electrochaea GmbH. The Munich firm’s…
Bakken Pipeline Expected to Help North Dakota Production, Natural Gas Capture
A Bakken Shale natural gas pipeline project is expected to increase North Dakota’s efforts to raise production and reduce flaring, according to the director of the state’s Pipeline Authority. MDU Resources Group Inc.’s pipeline unit, WBI Energy Inc. earlier this month received approval for an expansion project to build the North Bakken pipeline. Construction should…
Permian Midstreamer EagleClaw Shooting for Net-Zero Emissions by 2050
Houston-based EagleClaw Midstream LLC has joined its midstream peers in announcing plans to reach net-zero emissions by no later than 2050. “We are grateful to have incredibly talented and committed employees, suppliers and customers who all share our vision of working together to collectively stem the impacts of climate change for future generations,” CEO Jamie…
Talos Diving into Carbon Capture Opportunities in U.S. Offshore
Houston-based Talos Energy Inc. is diving into carbon capture and storage (CCS) opportunities along the Gulf Coast and offshore with UK expert Storegga Geotechnologies Ltd. Through the joint venture (JV), the partners plan to “source, evaluate and develop” CCS opportunities on the coast and in the Gulf of Mexico (GOM) offshore Alabama, Louisiana, Mississippi and…
Canadian Oilsands Heavyweights Commit to ‘Lead on Climate Change’ in Net-Zero Plans Using CCUS
Oilsands developers made a collective vow on Wednesday to achieve net-zero greenhouse gas (GHG) emissions by 2050, without sacrificing thermal production that stands out as the top Canadian natural gas consumer. Five firms that control 90% of the 3 million b/d Alberta industry – Canadian Natural Resources Ltd., Cenovus Energy Inc., ExxonMobil’s Imperial Oil Ltd.,…
Midwest CO2 Pipeline to Capture, Sequester Emissions Draws Support, Says Navigator
An open season to gauge support for a pipeline that would transport carbon emissions across five Midwest states for permanent sequestration has drawn enough support that the project could be a go, according to Navigator CO2 Ventures. Valero Energy Corp. and a unit of BlackRock Inc. in March teamed up with Navigator Energy Services to…