Emissions

Sproule Sees CCUS Driving ‘Tremendous’ Growth as Carbon Prices Climb

Sproule Sees CCUS Driving ‘Tremendous’ Growth as Carbon Prices Climb

Underground carbon disposal has to increase 172-fold to hit the global greenhouse gas (GHG) cleanup target set by the International Energy Agency (IEA), according to an industry review by consulting firm Sproule Associates. The role for carbon capture, utilization and storage (CCUS) as outlined by IEA in August, spells “tremendous growth and revenue generation,” said…

October 8, 2021
BP Using Blueprint to Clobber NYC Emissions, Build U.S. Urban Power Market

BP Using Blueprint to Clobber NYC Emissions, Build U.S. Urban Power Market

BP plc has snapped up U.S.-based Blueprint Power, whose technology is centered around reducing emissions in urban markets using flexible energy power networks. The New York City firm, founded in response to energy regulations after Hurricane Sandy in 2012 knocked out power to the region, uses bespoke algorithms to optimize the energy efficiency of buildings.…

October 8, 2021
BP Investing in West Coast Refinery to Expand Renewable Diesel, Reduce Emissions

BP Investing in West Coast Refinery to Expand Renewable Diesel, Reduce Emissions

BP plc is pouring $269 million into three projects at its Cherry Point Refinery in Washington to improve efficiencies, reduce emissions and increase renewable diesel production capability. The projects, slated to create 200-plus construction jobs, 25 engineering jobs and 40 support roles, align with the integrated energy major’s goal to be net zero emissions across…

October 6, 2021
Oil, Gas to Continue Growing to Meet Rising Global Energy Demand Through 2050, Says EIA

Oil, Gas to Continue Growing to Meet Rising Global Energy Demand Through 2050, Says EIA

Under current policies, oil and natural gas production will continue growing through 2050 amid rising global energy consumption driven by developing Asian economies, according to the latest long-term projections from the U.S. Energy Information Administration (EIA). In its International Energy Outlook 2021(IEO2021) report published Wednesday, the agency predicted a nearly 50% increase in global energy…

October 6, 2021
Chevron, Enterprise Exploring Carbon Capture Opportunities for Gulf Coast, Midcontinent

Chevron, Enterprise Exploring Carbon Capture Opportunities for Gulf Coast, Midcontinent

Chevron Corp. and Enterprise Products Partners LP are evaluating possible projects to store carbon emissions from their U.S. business operations in the Midcontinent and on the Gulf Coast. Chevron U.S.A. Inc., through its Chevron New Energies division, has a framework in place with a subsidiary of Houston-based Enterprise to evaluate opportunities to store carbon dioxide…

September 13, 2021
Chevron Embracing Energy Transition Ventures in RNG, Hydrogen and Sustainable Jet Fuels

Chevron Embracing Energy Transition Ventures in RNG, Hydrogen and Sustainable Jet Fuels

Chevron Corp., one of the largest oil and natural gas producers in the world, is moving swiftly to capture lower carbon energy opportunities, with a bevy of partnerships announced in recent weeks designed to build its market share. The San Ramon, CA-based supermajor is expanding its reach into the U.S. compressed natural gas (CNG) market…

September 11, 2021
Golden Pass LNG Said ‘on Schedule’ for 2024 Start-Up

Golden Pass LNG Said ‘on Schedule’ for 2024 Start-Up

Construction on the Golden Pass liquefied natural gas (LNG) export project in Texas is progressing, with the facility on track to come online in 2024, according to ExxonMobil. ExxonMobil Qatar President Dominic Genetti said recently there are currently about 4,000 people at the worksite for the three-train, 16 million metric tons/year (mmty) facility. “I think…

September 9, 2021
Canadian PM Takes Hard Line on Oil, Natural Gas Emissions Ahead of Election

Canadian PM Takes Hard Line on Oil, Natural Gas Emissions Ahead of Election

Canadian Prime Minister Justin Trudeau has singled out the oil and gas industry as a target for toughened pollution policing in his campaign for reelection of his Liberal government in a Sept. 20 national vote. “Let’s be realistic,” said Trudeau as he unveiled an environmental plank in the party platform at a weekend rally in…

August 31, 2021
Trudeau Hardens Stance On Canada Oil, Natural Gas Emissions As Sept. 20 Election Nears

Trudeau Hardens Stance On Canada Oil, Natural Gas Emissions As Sept. 20 Election Nears

Canadian Prime Minister Justin Trudeau has singled out the oil and gas industry as a target for toughened pollution policing in his campaign for reelection of his Liberal government in a Sept. 20 national vote. “Let’s be realistic,” said Trudeau as he unveiled an environmental plank in the party platform at a weekend rally in…

August 30, 2021
Critics Say Biden ‘Slow Walks’ Compliance with Court Order to Resume Federal Oil, Natural Gas Lease Sales

Critics Say Biden ‘Slow Walks’ Compliance with Court Order to Resume Federal Oil, Natural Gas Lease Sales

The U.S. government confirmed in a court filing it would resume federal oil and gas lease sales — and established a timeline — to comply with a ruling that called for an end to the Biden administration’s moratorium. Critics, however, noted that Biden administration officials intend to stretch the process out over several months as…

August 25, 2021
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