carbon dioxide

NET Power LLC, whose technology is designed to reduce carbon emissions from natural gas, on Wednesday agreed to combine with Rice Acquisition Corp. II to advance solutions in a transaction worth an estimated $1.46 billion. Rice Acquisition, a special purpose acquisition company (SPAC), is focused on supply-side carbon dioxide (CO2) reductions. Once the transaction is…

More than a dozen non-governmental (NGO) and environmental organizations are challenging the European Union’s (EU) decision to label natural gas and nuclear as sustainable investments under a law adopted in July. The EU taxonomy under the Climate Delegated Act (CDA)  is a classification system established to clarify which investments are considered sustainable. The groups opposing…

Trailblazer Pipeline Co. LLC (TPC) and Rockies Express Pipeline LLC (REX) are moving through the regulatory process with plans to abandon the Trailblazer system and repurpose the infrastructure for carbon dioxide (CO2) transportation.  The two Tallgrass Energy Partners-owned midstreamers in late May filed plans for the abandonment project with FERC.  The plan involves abandoning 392…

Under current policies, oil and natural gas production will continue growing through 2050 amid rising global energy consumption driven by developing Asian economies, according to the latest long-term projections from the U.S. Energy Information Administration (EIA). In its International Energy Outlook 2021(IEO2021) report published Wednesday, the agency predicted a nearly 50% increase in global energy…

Air France-KLM Group’s Flight 342 completed its first long-haul flight powered by sustainable aviation fuel (SAF) from Total SE’s 16% biofuel blend produced from used cooking oil.  Air France Flight 342 departed from Groupe ADP’s Paris-Charles de Gaulle airport in France for Montreal, Canada with its tanks filled with SAF produced in Total’s La Mède…