Decarbonization

Click here to listen to the latest episode of NGI’s Hub & Flow podcast. NGI’s Morgan Evans, associate editor, sits down with NGI Senior Analyst Josten Mavez to explore the past, present and future of natural gas vehicles (NGV) in the U.S. market and decarbonization strategy.  Three decades ago, it appeared NGVs would take the…

San Francisco-based Aether Fuels, whose focus is decarbonizing aviation and marine transportation, agreed to acquire Sustainable Syngas LLC (SSG) in a deal that would merge their carbon-neutral fuel-production technologies.  No financial details were provided about the transaction, which is expected to fast track Aether’s first commercial plant and project pipeline.  SSG has been focused on…

As energy buyers and governments across the world try to balance climate goals and energy security during a period of high volatility, Bechtel Corp. CEO Brendan Bechtel said the growth of the LNG industry should serve as a model for how energy infrastructure investments can tackle multiple challenges at once. Virginia-based Bechtel has secured contracts…

Schlumberger Ltd., founded 96 years ago, has changed its brand to SLB, underscoring its vision for a “decarbonized energy future,” the company said Monday. The rebranding to the New York Stock Exchange symbol is designed to affirm its transformation from the world’s largest oilfield services company to focus on “driving energy innovation for a balanced…

Click here to listen to the latest episode of NGI’s Hub & Flow, which discusses decarbonization methods marketed to the natural gas industry, some of which may work while others may be nothing but hot air. In this podcast, NGI Senior Energy Analyst Shaylon Stolk discusses how pressure from regulators and investors has the natural…

The world’s largest oilfield services company and the world’s largest oil company are partnering to develop a digital platform to help decarbonize hard-to-abate industrial sectors. Schlumberger Ltd. and Saudi Arabian Oil Co. (Aramco) said this week that, “The proposed platform will enable companies in industries such as oil and gas, chemicals, utilities, cement and steel…

BP plc, the top North American natural gas marketer, is building its estimable U.S. commercial and industrial retail power and gas arm with the purchase of Houston-based EDF Energy Services (ES). The agreement would provide “opportunities…to enhance and deliver additional lower carbon integrated energy solutions,” according to BP. The purchase of ES also is likely…

Two New England states recently joined the northeastern regional hydrogen hub coalition, adding to the expanding list of agencies ready to benefit from federally funded projects.  With the addition of Rhode Island and Maine, the New York-led coalition now involves six states. Connecticut, Massachusetts and New Jersey were the first to partner with the New…

The Inflation Reduction Act of 2022 (IRA) could more than double the amount of carbon dioxide (CO2) emissions that can economically be abated via carbon capture, storage and utilization (CCUS), according to modeling by Enverus. Natural gas-fired power plants, oil refineries and upgraders, as well as cement production, are among the emitting sources that would…