GHG emissions

Overcoming the impacts of climate change remains “the global challenge of our time,” a top oil and gas industry spokesperson said Tuesday.  American Petroleum Institute (API) spokesperson Bethany Aronhalt told NGI that the oil and gas industry is working to combat the rise in greenhouse gas (GHG) emissions.  The Intergovernmental Panel on Climate Change (IPCC),…

Ovintiv Inc., whose portfolio stretches from Western Canada to West Texas, is seeing costs for materials and labor rising, but inflationary pressures and capital guidance are being kept in check with operational efficiencies, executives said Wednesday. CEO Doug Suttles, who is retiring, presided over his final conference call on Wednesday, ushering in a new era…

A rising Canadian carbon tax, scheduled to jump more than four-fold by 2030, has triggered a campaign by fossil fuel industry heavyweights to turn the greenhouse gas (GHG) emissions penalty into commercial opportunities. The efforts so far include TC Energy Corp., Pembina Pipeline Corp., Shell Canada Ltd., Canadian Imperial Bank of Commerce (CIBC), Sproule Associates,…

Seneca Resources Co. LLC and NexTier Oilfield Solutions Inc. have begun a comparative carbon emissions assessment for various natural gas- and diesel-fired hydraulic fracturing (frack) equipment.  Houston-based Seneca, the exploration and production (E&P) arm of National Fuel Gas Co., produces natural gas and oil in California, the Marcellus and Utica shales.  The E&P would lead…

Xcel Energy Inc. and NRG Energy Inc. recently reported carbon dioxide (CO2) reductions of more than 50% from baseline levels and unveiled new goals centered on electric vehicles as the utilities continue to search for ways to lower their emissions footprints. In its 16th annual sustainability report, Xcel reported a 51% CO2 reduction from electricity…

Chevron Corp. suffered a backlash on Wednesday during the annual meeting as a shareholder proposal was overwhelmingly approved for the energy major to reduce the emissions of its customers, aka Scope 3. According to a preliminary tally of the vote, 61% were in favor of the nonbinding proposal to reduce Scope 3 emissions, which Chevron…

Richmond, VA-based Dominion Energy Inc. is aiming to blend hydrogen into its natural gas systems with an investment in multiple pilot projects. The utility, which serves nearly seven million customers in 16 different states, said the pilots would explore how hydrogen-blended natural gas works in pipelines and appliances.  “Hydrogen is a huge innovation in clean…

LanzaJet Inc. announced last week that supermajor Royal Dutch Shell plc had become an investor of the sustainable aviation fuels (SAF) technology company and producer as it continues to search for lower-carbon alternatives to fossil energy. The investment by Shell comes as LanzaJet is working to build the first Alcohol-to-Jet (AtJ) facility in the world.…

U.S. liquefied natural gas (LNG) developer NextDecade Corp. is teaming up with Project Canary to measure greenhouse gas (GHG) emissions associated with cargoes from the planned Rio Grande export facility in Texas, an effort the companies said is the first of its kind in the global LNG industry. The joint pilot project would focus on…