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IEA Says Natural Gas Supply Must Plunge 78% to Meet Climate Targets

IEA Says Natural Gas Supply Must Plunge 78% to Meet Climate Targets

New investments in onshore unconventional oil and gas projects may still be needed even if human-induced global warming is kept to 1.5 degrees C or less, but overall production would need to fall dramatically, the International Energy Agency (IEA) said Tuesday.  To achieve the 1.5-degree target and reach net zero greenhouse gas (GHG) emissions globally,…

September 27, 2023
Repsol, Partners Snag South Texas Offshore Acreage for CO2 Storage

Repsol, Partners Snag South Texas Offshore Acreage for CO2 Storage

A partnership led by Spain’s Repsol SA has clinched a contract with Texas officials to store carbon emissions offshore Corpus Christi in an area that covers more than 140,000 gross acres of pore space. According to the project sponsors, the offshore carbon capture and storage (CCS) project would be near more than 35 million metric…

September 11, 2023
Unlocking Efficient, Less Costly CCS Technology for Natural Gas Sector Moving Closer, Say MIT Researchers

Unlocking Efficient, Less Costly CCS Technology for Natural Gas Sector Moving Closer, Say MIT Researchers

Several carbon capture and storage (CCS) projects are in the works across North America, and researchers may have found a novel way to make them more energy efficient. Researchers from Massachusetts Institute of Technology (MIT) recently highlighted how a hidden function of electrodes can attract carbon dioxide (CO2) emissions, which then could be converted, allowing…

September 11, 2023
Sempra Joins Japan to Review Exporting Synthetic Natural Gas from Cameron LNG

Sempra Joins Japan to Review Exporting Synthetic Natural Gas from Cameron LNG

Sempra Infrastructure has joined a partnership of Japanese gas utilities and major industrial groups studying the potential of using Gulf Coast LNG terminals to create an export hub for low-carbon, natural gas-backed fuels. The unit of San Diego-based Sempra has agreed to support a study aimed at gauging the feasibility of exporting hydrogen or ammonia…

August 30, 2023
Fidelis Launching Natural Gas-Fueled Hydrogen Project in West Virginia 

Fidelis Launching Natural Gas-Fueled Hydrogen Project in West Virginia 

Houston-based Fidelis New Energy LLC plans to build a carbon-neutral hydrogen facility in West Virginia using a combination of natural gas and renewable energy, in addition to carbon capture, utilization and storage (CCUS). The Mountaineer GigaSystem in Mason County would be completed in four phases, with the first phase expected to begin operations in 2028.…

August 18, 2023
Mitsubishi’s Americas Unit Advancing Hydrogen-Capable Natural Gas Turbines and CCUS

Mitsubishi’s Americas Unit Advancing Hydrogen-Capable Natural Gas Turbines and CCUS

Using the Biden administration’s landmark climate legislation, Mitsubishi Power Americas Inc. is working with Warwick Carbon Solutions Development Co. LP (WCS) to leverage its zero-carbon ambitions in the United States. The companies’ joint development agreement (JDA) was assisted by the Inflation Reduction Act (IRA), which was signed into law last year by President Biden.  “As…

April 19, 2023
Enbridge’s Blue Ammonia Project in South Texas May Partner with Yaro

Enbridge’s Blue Ammonia Project in South Texas May Partner with Yaro

Norway’s Yara International ASA has signaled it may join Enbridge Inc. to develop a blue ammonia project on the Texas coast near Corpus Christi.  Adjacent to the Enbridge Ingleside Energy Center (EIEC), the Calgary-based midstream giant is designing a low-carbon ammonia facility and export project. Blue ammonia is manufactured from nitrogen and hydrogen derived from…

April 5, 2023
With $1.7B IPL Deal, CF to Expand Louisiana Ammonia and CCS Projects

With $1.7B IPL Deal, CF to Expand Louisiana Ammonia and CCS Projects

CF Industries Holdings Inc., which uses natural gas in its hydrogen and nitrogen manufacturing, agreed to pay nearly $1.7 billion for the Incitec Pivot Ltd. (IPL) ammonia production complex in Waggaman, LA. The IPL facility has a nameplate capacity of 880,000 tons/year of ammonia, CF noted.  The companies plan to allocate around $425 million of…

March 20, 2023
ExxonMobil CEO Says Natural Gas and Oil is Here to Stay, While Capturing Emissions

ExxonMobil CEO Says Natural Gas and Oil is Here to Stay, While Capturing Emissions

ExxonMobil CEO Darren Woods on Tuesday made a compelling case for continuing to produce the globe’s natural gas and oil along with using technologies to eliminate emissions. Carbon capture and storage (CCS) may be one way to successfully sequester carbon dioxide (CO2) emissions from fossil fuel production, Woods said at CERAWeek by S&P Global. He…

March 10, 2023
Oxy Eyeing 12% Permian Oil, Natural Gas Production Growth as CCUS Projects Advance

Oxy Eyeing 12% Permian Oil, Natural Gas Production Growth as CCUS Projects Advance

Occidental Petroleum Corp. is targeting substantial growth in Permian Basin production volumes while continuing to advance its carbon capture, utilization and storage (CCUS) business, according to management.  Houston-based Occidental, better known as Oxy, is among the largest U.S. oil and gas producers, with domestic operations focused largely on the Permian and Rockies regions, as well…

March 2, 2023
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