An affiliate of Shell plc has delivered the first emissions-neutral cargo under a framework launched last year by the International Group of LNG Importers (GIIGNL) to better standardize shipments. GIIGNL said the pilot cargo was supplied by Chevron Corp.’s Gorgon export facility in Australia to state-owned CPC Corp. in Taiwan. “This pilot shipment has helped…
Tag / carbon-neutral
Subscribecarbon-neutral
Articles from carbon-neutral
PureWest Clinches Deal to Sell RSG to Pacific Northwest Fleet
Rockies-focused explorer PureWest Energy LLC said it has secured a deal to supply carbon-neutral natural gas for a fleet that serves Pierce County, WA. The Denver-based independent is partnering with United Energy Trading LLC (UET) to provide Pierce Transit with the responsibly sourced gas (RSG). The amount of gas to be sold was not provided.…
November 8, 2021
Decarbonization Costs Squeeze LNG Suppliers
Suppliers of liquefied natural gas (LNG) are under increasing pressure to lower the carbon footprints of their cargoes. But the question of who pays for the costs of decarbonization is a tricky one, Poten & Partners analysts said Wednesday. With more LNG supply expected to come online by the middle of the decade, sellers are…
September 30, 2021
Chevron Tripling Low-Carbon Spending to Expand Opportunities, Entice New Customers
Using the financial muscle of its global natural gas and oil portfolio, Chevron Corp. is tripling its investments in low-carbon ventures with an eye on becoming a force in renewable fuels, hydrogen, carbon capture and offsets. The nation’s No. 2 oil producer on Tuesday pledged to earmark $10 billion in capital spending for low-carbon opportunities…
September 15, 2021
Critics Say Biden ‘Slow Walks’ Compliance with Court Order to Resume Federal Oil, Natural Gas Lease Sales
The U.S. government confirmed in a court filing it would resume federal oil and gas lease sales — and established a timeline — to comply with a ruling that called for an end to the Biden administration’s moratorium. Critics, however, noted that Biden administration officials intend to stretch the process out over several months as…
August 25, 2021
FedEx Ramps Up Vehicle Electrification with Xos Trucks
Ground operators for Fedex Corp. have reached an agreement to receive 120 emissions-free electric trucks from Xos Inc. and NextGen Acquisition Corp. that would be deployed for operations in California, New York, New Jersey, Massachusetts and Texas. Los Angeles-based Xos produces Class 5 to Class 8 electrified and cost-effective commercial vehicles. Xos’ medium- to heavy-duty…
August 19, 2021
BP Delivers its First Carbon Offset LNG to Mexico
Mexico received its first cargo of carbon offset liquefied natural gas (LNG) last week, according to BP plc and Sempra. Subsidiaries of the firms inked a contract for delivery of the cargo to Sempra’s Energía Costa Azul (ECA) terminal on Mexico’s Pacific Coast. It was expected to arrive last Friday (July 16). Greenhouse gas (GHG)…
July 20, 2021
Natural Gas Export Market Searching for Stability in the ‘Wild West’ of Carbon-Neutral Trading — LNG Spotlight
The nascent carbon-neutral liquefied natural gas (LNG) market is set to gain momentum this year as global buyers are increasingly concerned about their emissions footprints. The market is on track to quadruple this year, according to a recent report from FTI Consulting. The firm has tracked six carbon-neutral cargoes through April, compared to only five…
July 15, 2021
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
