Carbon Neutral

Japanese Alliance Formed to Buy, Promote Carbon-Neutral LNG

Japanese Alliance Formed to Buy, Promote Carbon-Neutral LNG

Utility Tokyo Gas Co. Ltd. has joined forces with 14 other Japanese city gas end-users to form an alliance dedicated to buying and promoting carbon-neutral liquefied natural gas (LNG).  The Carbon Neutral LNG Buyers Alliance plans to promote awareness for decarbonized cargoes, which, unlike traditional shipments, offsets emissions with credit purchases that fund worldwide environmental…

March 10, 2021
Shell Takes Delivery of Europe’s First Carbon-Neutral LNG Cargo

Shell Takes Delivery of Europe’s First Carbon-Neutral LNG Cargo

Russian state-owned Gazprom Group recently delivered to partner Royal Dutch Shell plc what the companies said is the first-ever carbon-neutral liquefied natural gas (LNG) cargo in Europe. Shell said Monday the cargo was unloaded at the Dragon LNG terminal in the UK, which would enable the supermajor to supply more carbon-neutral gas to the domestic…

March 9, 2021

Another Carbon-Neutral LNG Deal Signed in Asia — The Offtake

A roundup of news and commentary from NGI’s LNG Insight Japan’s Mitsui & Co. Ltd. has agreed for the first time to supply gas utility Hokkaido Gas Co. Ltd. with carbon-neutral LNG. The 64,000 million metric ton cargo is set to arrive later this month. The shipment will be offset with emissions credits and delivered…

March 8, 2021
Upwing Achieves Certification as Carbon-Neutral Equipment Producer

Upwing Achieves Certification as Carbon-Neutral Equipment Producer

Upwing Energy Inc., which has provided artificial lift technology for the oil and gas industry since 2016, said it has been independently certified as a carbon neutral company under standards set by the British Standards Institution (BSI).  According to the Cerritos, CA-based oilfield services operator, Upwing’s certification can benefit exploration and production (E&P) companies through…

March 5, 2021
Vitol to Offer Carbon Offsets for LNG Cargoes

Vitol to Offer Carbon Offsets for LNG Cargoes

Global commodity trader Vitol said Monday it would begin offering customers “green” liquefied natural gas (LNG) cargoes, the latest in a series of announcements aimed at curbing emissions throughout the global gas market.  Vitol said emissions related to the new product offering from the wellhead to delivery point would be managed with carbon offset certificates…

March 1, 2021
Spire Joins ONE Future Coalition to Reduce Methane Emissions

Spire Joins ONE Future Coalition to Reduce Methane Emissions

Spire Inc., the fifth largest publicly traded natural gas company in the United States, announced it is joining Our Nation’s Energy Future Coalition to help reduce methane emissions to 1% or less by 2025. ONE Future, currently made up of 37 operators working toward the same goal, was originally formed in 2014 to reduce the…

February 7, 2021
Total Sells First Carbon Neutral LNG Cargo to CNOOC

Total Sells First Carbon Neutral LNG Cargo to CNOOC

French major Total SE has delivered its first carbon-neutral liquefied natural gas (LNG) cargo, with the shipment going to state-controlled China National Offshore Oil Corp. (CNOOC), Total management said this week. “This first LNG shipment, whose carbon emissions have been offset throughout the value chain, represents a new step as we seek to support our…

October 21, 2020
NextDecade to Slash Emissions at Proposed LNG Export Project in Texas

NextDecade to Slash Emissions at Proposed LNG Export Project in Texas

NextDecade Corp. will use carbon capture and storage (CCS) technology to reduce expected carbon dioxide equivalent emissions by about 90% at its proposed Rio Grande liquefied natural gas (LNG) export project in Brownsville, TX. Management said Tuesday that the Houston-based company additionally is exploring options to address what would be the remaining emissions, as potential…

October 7, 2020
Spire Pledges to Create Carbon Neutral Natural Gas Utility System by 2050

Spire Pledges to Create Carbon Neutral Natural Gas Utility System by 2050

With 1.8 million natural gas customers across Alabama, Mississippi and Missouri, Spire Inc. announced that it is committing to reduce methane emissions by 53% by 2025 and become carbon neutral by 2050.  The St. Louis-based company said it is one of the first natural gas companies in the country to take the carbon neutral pledge.…

July 17, 2020
Biden Unveils $2T Climate, Infrastructure Plan Targeting Carbon-Free Power Sector by 2035

Biden Unveils $2T Climate, Infrastructure Plan Targeting Carbon-Free Power Sector by 2035

Democratic presidential candidate Joseph R. Biden Jr. on Tuesday afternoon unveiled a $2 trillion climate change and infrastructure plan dubbed “Build Back Better” that targets a carbon pollution-free power sector by 2035. The accelerated transformation of the electricity sector “represents the biggest job creation and economic opportunity engine of the 21st century,” according to the…

July 14, 2020
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