Carbon

Saying it was acting “to protect the competitive capacity market” administered by PJM Interconnection, FERC Thursday directed the grid operator to expand its current minimum offer price rule (MOPR) to address state-subsidized electric generation resources.

A coalition of U.S. natural gas and oil producers formed in late 2017 to innovate and add best practices to improve environmental performance and reduce emissions from Lower 48 operations said it has grown to 69 members and represents more than one-third of total domestic output.

The Natural Gas Supply Association (NGSA), which counts among its members some of the world’s largest gas producers and marketers, said Tuesday it supports carbon pricing “as a critical pathway to aggressively reducing carbon emissions.”

A two-year research project with the aim of capturing carbon dioxide (CO2) from an industrial source and turning it into methanol has received a $300,000 federal grant.

Building natural gas infrastructure has become increasingly challenging in recent years, forcing developers to adapt, but the already fraught political and regulatory environment in the United States could become even more inhospitable for fossil fuel projects moving forward.

BP plc CEO Bob Dudley made a forceful argument on Wednesday for the natural gas industry to go on the offense and make the case that it deserves to be part of the global decarbonization solution.

An oil and natural gas climate accord made up of 13 of the largest global producers on Monday launched initiatives that include decarbonizing industrial hubs to reduce methane emissions.

Virginia and energy holding company Duke Energy each committed themselves Tuesday to plans aimed at achieving net-zero carbon emissions by 2050.

ExxonMobil is teaming up with California-based startup Mosaic Materials to explore how to remove carbon dioxide (CO2) from emissions sources.