Energy Transition

The Biden administration has tacked another 15 GW of floating offshore wind capacity to its clean energy goals, as the American Petroleum Institute (API) inked a preliminary agreement with the Offshore Operators Committee (OOC) to develop safety management systems (SMS).  With “decades of offshore operating experience under highly technical and complex conditions” under its belt,…

How to safely and securely transport hydrogen through natural gas infrastructure is the focus of a new research partnership between the University of Pittsburgh (Pitt) Swanson School of Engineering and utility Peoples Natural Gas. “Hydrogen has the potential to transform the way we heat our homes and power our businesses, using the existing natural gas…

A coalition of seven Midwest states plan to compete for a hydrogen hub designed to expand local economies, decrease emissions and reduce costs. The Midwest Hydrogen Coalition (M-H2) was formalized last week by the governors of Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio and Wisconsin. The aim is to snag a share of an $8 billion…

The world’s largest oilfield services company and the world’s largest oil company are partnering to develop a digital platform to help decarbonize hard-to-abate industrial sectors. Schlumberger Ltd. and Saudi Arabian Oil Co. (Aramco) said this week that, “The proposed platform will enable companies in industries such as oil and gas, chemicals, utilities, cement and steel…

A modular nuclear reactor could generate power for a Dow Chemical Co. manufacturing facility on the Gulf Coast within the next decade under a potential deal with nuclear technology developer X Energy LLC A letter of intent (LOI) was signed by Dow and X-energy, as it is known, to consider deploying the nuclear developer’s Xe-100…

Competitive Power Venture Inc. (CPV) has proposed a 1,800 MW combined-cycle natural gas power plant in West Virginia that could be the state’s first to utilize carbon capture and storage (CCS) infrastructure. CPV announced the potential $3 billion investment in Charleston, WV, earlier this month alongside Sen. Joe Manchin (D-WV). Maryland-based CPV also disclosed the…

Worldwide energy sector employment has topped pre-pandemic levels, and the workforce rebound has been strongest outside of fossil energy sectors, according to the International Energy Agency (IEA). In its inaugural World Energy Employment Report, Paris-based IEA found that more than 65 million people hold energy-related jobs globally. The study also concluded that more than 50%…

Policymakers must ensure the supply of conventional energy sources alongside lower carbon ones as the energy transition marches on, according to Saudi Arabian Oil Co. (Aramco) CEO Amin Nasser. The head of the state-owned oil behemoth has been warning of the threats to global energy security posed by underinvestment in oil and natural gas. “Many…

Despite South Korea’s plan to boost the use of nuclear energy in the country’s power generation mix by 2030, LNG will continue to play an important role in the government’s new energy strategy.  President Yoon Suk-yeol was elected in March and is a strong supporter of nuclear energy. He plans to reduce the country’s dependence…