Decarbonization

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…

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…

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…

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…

Liquified natural gas (LNG) produced at Cameron LNG could have a deep cut in its carbon footprint after Sempra Infrastructure secured a deal for renewable energy at Louisiana facilities. The company signed a memorandum of understanding (MOU) with utility Entergy Louisiana LLC to develop and procure renewable energy to help power the 12 million metric…

Sempra has officially filed an amendment with FERC to change the scope of its Cameron liquefied natural gas (LNG) expansion project in Hackberry, Louisiana. The newly filed amendment, No. CP22-41, with the Federal Energy Regulatory Commission makes good on plans executives with Sempra – formally Sempra Energy– have been outlining since last summer. In a…

The International Energy Agency (IEA) is urging the Canadian government to require “deep decarbonization” in the country’s oil and natural gas industry.  “Global markets will progressively demand cleaner fuels and will discriminate in favor of more carbon-competitive products,” said the global energy watchdog in a 261-page report. “Canada is the fourth largest producer of oil…

The International Energy Agency (IEA) is urging the Canadian government to require “deep decarbonization” in the country’s oil and natural gas industry.  “Global markets will progressively demand cleaner fuels and will discriminate in favor of more carbon-competitive products,” said the global energy watchdog in a 261-page report issued on Thursday. “Canada is the fourth largest…

Nations may be working to transition to net-zero carbon, but recent events prove that it will be decades before oil and gas are replaced by alternative energies, according to IHS Markit Vice Chairman Daniel Yergin.