Hydrogen

Projects to reduce carbon emissions got no respect from the oil and gas industry for years, but that’s in the past, as investments in biofuels and carbon capture are becoming a revenue stream, ExxonMobil CEO Darren Woods said Wednesday. Woods and CFO Kathy Mikells spent an hour discussing the integrated major’s strategy in the near…

Major energy producers, midstream operators and petrochemical giants are set to kickstart a string of nationwide hydrogen hubs, four fueled with natural gas, to advance emissions reductions from the hard-to-decarbonize industrial sectors. Seven hydrogen hubs, aka H2Hubs, were recently selected to receive a total of $7 billion from the U.S. Department of Energy (DOE) to…

Chemicals giant Dow Inc., one of Western Canada’s top natural gas customers, has sanctioned an integrated ethylene cracker and derivatives complex in Alberta, which it said would be the first of its kind to reduce direct and indirect carbon emissions to net zero. The estimated US$6.5 billion brownfield investment, dubbed Fort Saskatchewan Path2Zero, is expected…

Choking off the world’s oil and natural gas supply will slow instead of speed ambitions toward achieving net-zero carbon emissions, ExxonMobil CEO Darren Woods warned earlier this month.  In his address at the Asia-Pacific Economic Cooperation’s CEO summit, Woods shared how ExxonMobil’s view of climate change has evolved over three decades, from skeptic to believer.…

Forecasts suggest that it would take time before U.S. hydrogen production is up to speed to match burgeoning demand, and before pilot projects produce conclusive results for blending the fuel in natural gas infrastructure. Natural gas and electric utilities, nonetheless, are eager to leverage the fuel to lower emissions in existing infrastructure and electricity generation.  …

The U.S. Gulf Coast has seen a bevy of potential deals and partnerships as large Asian natural gas buyers eye using gas-derivative, low-carbon fuels to help meet ambitious climate goals. Specifically, Japanese and South Korean plans to lean on ammonia and hydrogen made from natural gas to decarbonize existing infrastructure are raising the interest of…

A Canadian startup is targeting 2025 to begin a low-carbon hydrogen blending pilot with local natural gas utility Gas New Brunswick. Fredericton, New Brunswick-based Nu:ionic Technologies Inc. said it plans to deploy its proprietary teal hydrogen technology, which combines elements of the more widely known “blue” and “green” production methods. The teal method utilizes microwave…

U.S. natural gas utilities are using innovation and technology to improve their portfolios, adding more renewable natural gas (RNG) and alternative fuels while reducing coal, executives said during the recent second quarter conference calls.  Some utility executives noted that higher costs affected their recovery from last year’s high natural gas prices, but they are steadily…

Houston-based Fidelis New Energy LLC plans to build a carbon-neutral hydrogen facility in West Virginia using a combination of natural gas and renewable energy, in addition to carbon capture, utilization and storage (CCUS). The Mountaineer GigaSystem in Mason County would be completed in four phases, with the first phase expected to begin operations in 2028.…