Decarbonization

LSB Taking On Arkansas CO2 Capture Project for Blue Ammonia

LSB Taking On Arkansas CO2 Capture Project for Blue Ammonia

Oklahoma City-based LSB Industries Inc. is taking initial steps to bring carbon capture and sequestration (CCS) to its natural gas-fed chemicals producing plant with Cresta Fund Management LLC-backed Lapis Energy. Lapis, a carbon management company, plans to fund 100% of the capital and operations expenditures to develop the CCS project at LSB’s El Dorado, AR,…

May 2, 2022
Green Hydrogen Questioned as Utilities, Advocates Add to Energy Transition Options

Green Hydrogen Questioned as Utilities, Advocates Add to Energy Transition Options

Authors of a white paper focused on blending hydrogen made using renewable electricity with natural gas suggest wholesale backing by utilities and policymakers could sidetrack U.S. climate progress, but industry advocates see it as part of an arsenal of solutions. Researchers with Energy Innovation Policy and Technology LLC posited that large-scale plans to blend green…

April 27, 2022
New York City Overflowing with ConEd Energy Transition Projects

New York City Overflowing with ConEd Energy Transition Projects

New York City-focused Consolidated Edison Inc., the Big Apple’s largest utility, recently unveiled several energy and transmission projects to help the city decarbonize and meet its goal of net-zero emissions by 2050.   Among ConEd’s projects is a plan to decarbonize the largest steam system in the United States by transitioning its feed from natural gas…

March 29, 2022
Navigator, Siouxland Ethanol Reach Long-Term Carbon Capture Agreement

Navigator, Siouxland Ethanol Reach Long-Term Carbon Capture Agreement

Navigator CO2 Ventures LLC said Wednesday it has entered a long-term agreement to supply carbon dioxide (CO2) capture, transportation and storage services to Siouxland Ethanol LLC on Navigator’s Heartland Greenway carbon capture and storage (CCS) system. Navigator reached a final investment decision last fall on Heartland Greenway, a 1,300 mile CCS pipeline that would traverse…

March 24, 2022
BP Exec Sees Complex U.S. Energy Regulatory Shift at Local, State Levels

BP Exec Sees Complex U.S. Energy Regulatory Shift at Local, State Levels

A transformation is occurring at various levels across the U.S. regulatory landscape, and the outcome could dramatically alter the outlook for fossil fuels amid the energy transition, according to a BP plc executive. “There is a lot going on” at the federal, state, and local levels of government,” BP Energy Co. CEO Orlando Alvarez said…

March 24, 2022
Net-Zero Oil? Oxy, SK Trading Clinch First Contract for Permian DAC Supplies

Net-Zero Oil? Oxy, SK Trading Clinch First Contract for Permian DAC Supplies

Houston-based Occidental Petroleum Corp. has clinched its first agreement to sell up to 200,00 b/d of net-zero emissions oil over five years to South Korea’s SK Trading International, an indication the direct air capture (DAC) project in West Texas may proceed. Oxy, as it is better known, has begun preliminary work on its massive DAC…

March 24, 2022
Worldwide LNG Trade On Growth Path to 2050, with U.S. Share Doubling to 20%, Says BP

Worldwide LNG Trade On Growth Path to 2050, with U.S. Share Doubling to 20%, Says BP

The global liquefied natural gas (LNG) trade is predicted to grow to 2050, lifted by emerging economies and the shift to lower carbon fuels, according to BP plc. The integrated major’s latest annual forecast, Energy Outlook 2022, explores the uncertainties surrounding the energy transition to a carbon-free world using Accelerated, Net Zero and New Momentum…

March 14, 2022
Apex, Epic and Corpus Port Considering Industrial-Scale Green Hydrogen Hub for South Texas

Apex, Epic and Corpus Port Considering Industrial-Scale Green Hydrogen Hub for South Texas

Apex Clean Energy LLC, Epic Midstream Holdings LP and the Port of Corpus Christi Authority are considering a green hydrogen production, storage, transportation and export operation on the South Texas coast. “This would be green fuel production at gigawatt scale,” said Apex CEO Mark Goodwin. Green hydrogen is produced using renewable energy and electrolysis. In…

March 8, 2022
California Natural Gas Utilities Required by 2030 to Supply 12% RNG

California Natural Gas Utilities Required by 2030 to Supply 12% RNG

California utilities will be required to supply an increasing percentage of renewable natural gas (RNG), aka biomethane, to their customers following a decision last Thursday by state regulators. The California Public Utilities Commission (CPUC) set biomethane targets for utilities in an effort to reach the state’s goal of a 40% reduction in methane and other…

February 28, 2022
Shell CEO Says ‘Significant Struggle’ for Natural Gas and Oil Supply to Continue on Rising Demand

Shell CEO Says ‘Significant Struggle’ for Natural Gas and Oil Supply to Continue on Rising Demand

Shell plc came into 2022 at a gallop, with the No. 1 liquefied natural gas (LNG) trading and optimization portfolio righting itself and set for a big year ahead lifted by strong global commodity prices and improving demand. CEO Ben van Beurden and CFO Jessica Uhl discussed the quarter and full-year results with investors during…

February 3, 2022
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