Energy Transition

No More Oil, Natural Gas Fields Needed on Road to Net Zero, IEA says

No More Oil, Natural Gas Fields Needed on Road to Net Zero, IEA says

No more investments in new oil and gas fields should be sanctioned if the world is to have a shot at achieving net zero greenhouse gas (GHG) emissions by 2050, the International Energy Agency (IEA) said Tuesday. The world’s oil and gas needs in a net zero world can be met by projects greenlit as…

May 18, 2021
Port of Corpus Christi Unveils Plans for Green Hydrogen at Facilities

Port of Corpus Christi Unveils Plans for Green Hydrogen at Facilities

The Port of Corpus Christi, a leading U.S. oil and natural gas export hub, has unveiled plans to explore green hydrogen production at its facilities in South Texas. Under a memorandum of understanding (MOU), the Corpus Christi port is partnering with finance giant Ares Management Corp. to look into the potential for building the hydrogen…

May 18, 2021
California Calls to Replace Natural Gas Space Heating With All-Electric

California Calls to Replace Natural Gas Space Heating With All-Electric

Starting in 2023, California building standards are to call for electric heat pump space heating to replace natural gas, but the rules fall short of requiring all-electric dwellings in new construction.  The California Energy Commission (CEC) said the rules would be the first in the nation to make heat pumps the baseline technology in a…

May 18, 2021
Xcel Teams Up with Crestone Peak, Project Canary for Colorado RSG Pilot

Xcel Teams Up with Crestone Peak, Project Canary for Colorado RSG Pilot

Minneapolis-based utility Xcel Energy Inc. is continuing efforts to decarbonize its Colorado operations through a partnership with natural gas producer Crestone Peak Resources and methane emissions reduction specialist Project Canary. The trio on Wednesday announced a pilot project with Xcel purchasing natural gas from Crestone that has been certified as low-emission by Project Canary. The…

May 18, 2021
Sempra’s SoCalGas, Los Angeles Utility Partner in Hydrogen Initiative

Sempra’s SoCalGas, Los Angeles Utility Partner in Hydrogen Initiative

The nation’s largest municipal utility and largest investor-owned natural gas distributor have joined a green hydrogen-buying coalition, HyDeal LA, to create commercial-scale buying for the Los Angeles area. Sempra Energy’s Southern California Gas Co. (SoCalGas) and the Los Angeles Department of Water and Power (LADWP) have joined the effort to “achieve at-scale green hydrogen procurement”…

May 18, 2021
EPA Urging Communities, Stakeholders to Participate as Scrutiny of Natural Gas, Oil Industry Methane Emissions Begins

EPA Urging Communities, Stakeholders to Participate as Scrutiny of Natural Gas, Oil Industry Methane Emissions Begins

The U.S. Environmental Protection Agency (EPA) on Friday took steps to gather input for a proposed rule to reduce methane and other pollutants from new and existing sources in the oil and natural gas industry. The “broad public outreach effort” would include community and stakeholder input. Among other things, EPA is planning listening sessions and…

May 17, 2021
North Dakota Governor Sets Carbon-Neutral Goal by 2030

North Dakota Governor Sets Carbon-Neutral Goal by 2030

North Dakota, the nation’s second largest oil-producing state, will strive to become carbon-neutral by decade’s end, Gov. Doug Burgum said Wednesday. At the Williston Basin Petroleum Conference in Bismarck, Burgum cited the global energy sustainability effort that North Dakota intends to join. He encouraged the oil and gas industry representatives in the audience to support…

May 16, 2021
New Fortress Looks to Expand Beyond LNG into Blue Hydrogen, Renewable Fuels

New Fortress Looks to Expand Beyond LNG into Blue Hydrogen, Renewable Fuels

Global liquefied natural gas (LNG) supplier and electricity generator New Fortress Energy Inc. (NFE) is partnering in a new company dedicated to producing hydrogen and renewable fuels as it aims to become a leading global provider of carbon-free energy.  NFE has partnered with affiliate Fortress Transportation and Infrastructure Investors LLC (FTAI) on a joint venture…

May 15, 2021
Appalachia’s Northeast Natural Aiming to Certify Natural Gas as Responsibly Sourced

Appalachia’s Northeast Natural Aiming to Certify Natural Gas as Responsibly Sourced

Privately held Northeast Natural Energy (NNE) plans to have natural gas production across its entire operating area in West Virginia environmentally certified by two companies. Certification would be based on separate standards developed by Equitable Origin (EO) and MiQ to validate it is producing what the industry has coined as “responsibly” sourced gas production. If…

May 14, 2021
United States Said ‘Most Attractive’ in Global Renewables Market

United States Said ‘Most Attractive’ in Global Renewables Market

The United States has the most attractive market for renewable energy investment following the Biden Administration’s plan to transition to a lower-carbon power grid as part of the $2.25 trillion American Jobs Plan, according to rankings data from IHS Markit.  The rankings put the United States in the number one spot for the period ending…

May 14, 2021