Hydrogen

Chevron Tripling Low-Carbon Spending to Expand Opportunities, Entice New Customers

Chevron Tripling Low-Carbon Spending to Expand Opportunities, Entice New Customers

Using the financial muscle of its global natural gas and oil portfolio, Chevron Corp. is tripling its investments in low-carbon ventures with an eye on becoming a force in renewable fuels, hydrogen, carbon capture and offsets. The nation’s No. 2 oil producer on Tuesday pledged to earmark $10 billion in capital spending for low-carbon opportunities…

September 15, 2021
Global Refined Product Demand Seen Peaking in 2036 as Energy Transition Accelerates

Global Refined Product Demand Seen Peaking in 2036 as Energy Transition Accelerates

Global demand for refined products is expected to peak in 2036 and then decline by 2050 lower than 2019 levels, according to a new forecast by IHS Markit. From 2021 to its 2036 peak, total refined product demand is expected to grow by nearly 9 million b/d. Refined products include production from refineries, such as…

September 14, 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
Mitsubishi, Citigroup Aiming to Build ‘Hub-and-Spoke’ Hydrogen Network in North America

Mitsubishi, Citigroup Aiming to Build ‘Hub-and-Spoke’ Hydrogen Network in North America

Mitsubishi Power Americas Inc. is on a mission to build out a “hub-and-spoke” network of infrastructure to produce, transport and store low-carbon hydrogen in North America, CEO Paul Browning said recently. The company’s large-scale hydrogen partnerships include what it touted as the largest green energy storage project and the largest blue hydrogen project in North…

September 7, 2021
New Fortress Renews $766M LNG Project for Ireland with ‘Future-Proofed’ Hydrogen Option

New Fortress Renews $766M LNG Project for Ireland with ‘Future-Proofed’ Hydrogen Option

U.S. liquefied natural gas (LNG) developer New Fortress Energy Inc. is reviving plans to build a $766 million import terminal in Ireland, this time with a “future-proofed” design that would allow it to transition to hydrogen gas in the coming years. A spokesperson for New Fortress said last week the company plans to file a…

September 1, 2021
Jera Launching Hydrogen Pilot in Japan to Displace LNG in Power Generation

Jera Launching Hydrogen Pilot in Japan to Displace LNG in Power Generation

Jera Co. Inc., Japan’s largest power company, said Thursday it plans to launch a pilot project backed by the government that could help displace 30% of the liquefied natural gas (LNG) used to generate electricity, with hydrogen planned at a select power plant.  The government grant would help fund the switch to hydrogen for a…

August 26, 2021
Listen Now: NGI’s Hub & Flow Spotlights Hydrogen’s Promise in Latin America

Listen Now: NGI’s Hub & Flow Spotlights Hydrogen’s Promise in Latin America

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI Senior Editor Christopher Lenton is joined by the International Energy Agency’s (IEA) Mariano Berkenwald to discuss the hydrogen opportunity in Latin America.  Having recently published a report with the IEA about how low-carbon hydrogen can play a big…

August 24, 2021
Listen Now: NGI’s Hub & Flow Assesses the Future of Hydrogen in Latin America

Listen Now: NGI’s Hub & Flow Assesses the Future of Hydrogen in Latin America

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI Senior Editor Christopher Lenton is joined by the International Energy Agency’s (IEA) Mariano Berkenwald to discuss the hydrogen opportunity in Latin America.  Having recently published a report with the IEA about how low-carbon hydrogen can play a big…

August 20, 2021
Natural Gas, CCUS Offer Quickest Path to Low-Carbon Hydrogen in Latin America, IEA Says

Natural Gas, CCUS Offer Quickest Path to Low-Carbon Hydrogen in Latin America, IEA Says

Natural gas and carbon capture, storage and utilization (CCUS) together offer the most feasible near-term path for expanding low-carbon hydrogen production in Latin America, according to new analysis by the International Energy Agency (IEA). Currently, the most prevalent and economically feasible way to produce hydrogen is by splitting it from natural gas without abatement of…

August 16, 2021
Energy Capital Ventures’ $45M Fund Designed to Bolster Natural Gas Industry’s ESG Commitments

Energy Capital Ventures’ $45M Fund Designed to Bolster Natural Gas Industry’s ESG Commitments

Five natural gas utilities have committed $45 million to an Energy Capital Venture (ECV) fund to bolster digital advancements along with environmental, social and governance (ESG) strategies within the natural gas industry.  Chicago-based ECV was founded in 2020 to focus on local distribution companies and natural gas utilities with an eye on creating a more…

August 13, 2021