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…
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Sempra, Entergy Plan Renewables for Cameron LNG
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 Amends Cameron LNG Plans to Reduce Emissions, Improve Efficiency
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…
Canadian Government Urged to Decarbonize Oil, Natural Gas Industry
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…
IEA Urges ‘Deep Decarbonization’ of Canada’s Natural Gas, Oil Industry
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…
Investing in Oil, Natural Gas Paramount as Energy Mix Transitions, Says Yergin
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.
TransAlta Completes Canada Switch to Natural Gas Generation from Coal
Calgary-based TransAlta Corp., a mainstay of investor-owned power generation, on Wednesday ended 65 years of burning coal in its Canadian thermal plants by completing a fuel switch to natural gas for its Alberta network. The company announced its 463 MW Keephills Unit 3, west of Edmonton near Wabamun, finished the historic change. The firm is…
South Jersey Industries, Rev LNG Team Up to Build Four Michigan RNG Facilities
Energy infrastructure holding company South Jersey Industries Inc. (SJI) and Rev LNG LLC have broken ground on renewable natural gas (RNG) facilities at four Michigan dairy farms, the firms said. Anaerobic digesters wold capture methane produced by cow manure at the Double Eagle, Roto-Z, Goma and Z-Star farms. The four facilities, expected to be operational…
European Commission Moves to Ban Long-Term Natural Gas Contracts After 2049
European Union (EU) long-term natural gas contracts would not be extended after 2049 under a package of legislative proposals put forward by the European Commission (EC) last week to decarbonize EU gas markets, promote hydrogen and reduce methane emissions. The proposals are part of a broader strategy to cut greenhouse gas (GHG) emissions by 55%…
Brattle Offers Energy Transition Pathway for Natural Gas Utilities
Natural gas utilities can navigate the energy transition by following a three-step action plan, according to economists with management consulting firm The Brattle Group. “Increased coordination among stakeholders — especially between gas and electric utilities, and between gas utilities and technology providers — is needed to ensure decarbonization is achieved in the most cost-effective way…