Energy transition

All eyes in Mexico’s energy sector were on Washington, DC on Thursday as President Biden hosted Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador in the first summit of its kind since 2016. Ahead of the so-called “Three Amigos” summit, the Canadian Chamber of Congress, Mexican business group Consejo Coordinador Empresarial…

Tellurian Inc. is in no hurry to sell all of the 27 million metric tons/year (mmty) of liquefied natural gas (LNG) capacity from the proposed Driftwood export project in Louisiana even though there’s an opportunity to do so, according to CEO Octávio Simões. The company has agreed to supply 9 mmty of LNG from the…

New York environmental regulators last week announced they had denied required air permits for two proposed natural gas-fired power plants as the projects did not align with the state’s environmental goals. Department of Environmental Conservation (DEC) Commissioner Basil Seggos said the 437 MW Astoria Replacement Project and the 536 MW Danskammer Energy Center project do…

ExxonMobil has boosted its annual spending on low-carbon ventures to $3 billion a year over the next five years, four times higher than initially planned, with expanded emissions targets set to be issued later this year, CEO Darren Woods said Friday. Woods detailed the $15 billion capital now earmarked during a wide-ranging conference call. Analysts…

Bids to secure engineering, procurement and construction contracts for a carbon capture and storage (CCS) expansion at the LaBarge natural gas facility in Wyoming are advancing, ExxonMobil said Thursday. LaBarge to date has captured an estimated 6-7 million metric tons (mmt) of carbon dioxide (CO2), making it the largest project of its kind in the…

Calgary-based Vermilion Energy Inc. has become the third Canadian producer to earn an international eco-label for its natural gas. The independent also announced Wednesday an initial sale of certified gas sporting the ethical energy brand, created by New York City-based Equitable Origin, which is trademarked as EO100 Standard Certification. “As the energy transition progresses, we…

Air Products and Chemicals Inc. on Thursday earmarked $4.5 billion to build and operate a mega complex in Ascension, Parish, LA, capable of producing 750 million cubic feet/day of blue hydrogen and potentially the world’s largest carbon capture sequestration endeavor to date. The project, expected to be operational in 2026, was announced Thursday by Gov.…

Privately held Chisholm Energy Holdings LLC plans to install air emissions monitors at some Permian Basin production facilities in southeastern New Mexico as it works toward becoming certified by Project Canary. Sponsored by Warburg Pincus and Ontario Teachers’ Pension Plan, the Permian exploration and production (E&P) company expects to become the first independent working in…

“The biggest challenge for our customers is to get reliable, affordable and efficient financing for their projects,” Asger Victor Hansen, founder of Kauil Energy in Mexico City, told NGI’s Mexico GPI in the latest installment of its interview series.  Hansen, who is a native of Denmark, founded Kauil Energy, a startup solar energy company, in…