Energy Transition

BP plc is advancing plans to develop more renewable natural gas (RNG) projects in the United States. In the most recent deal, BP is joining Aria Energy to make RNG for transportation from captured methane from waste at three dairy farms in California. Nearly 10% of U.S. greenhouse gas emissions are estimated to be from…

Massachusetts Gov. Charlie Baker on Monday signed into law climate change legislation to achieve net zero emissions by 2050. “Climate change is an urgent challenge that requires action, and this legislation will reduce emissions in Massachusetts for decades to come while also ensuring the commonwealth remains economically competitive,” Baker said. The new law, which passed…

Suncor Energy Inc., one of Canada’s largest oilsands independents, has agreed to join a group of oil and gas heavyweights to back Svante Inc. as it works to accelerate commercializing more carbon capture technologies. The latest $25 million infusion is designed to fund technology to reduce greenhouse gas (GHG) emissions in industrial applications and to…

Executives across the world point to next year for a return to a level of normality in their businesses, according to KPMG’s 2021 CEO Outlook Pulse Survey. Overall, business leaders across industries including energy “anticipate a speedy return to normal,” but their workforces’ lack of access to a coronavirus vaccine is forcing them to “rethink…

U.S. liquefied natural gas (LNG) player NextDecade Corp. is one step closer to sanctioning a carbon capture and sequestration (CCS) project associated with its planned LNG facility in South Texas after signing an initial agreement with Houston-based independent Occidental Petroleum Corp. (Oxy). Houston-based NextDecade said Thursday it had inked a term sheet with Oxy Low…

Canada’s carbon tax is set to increase on schedule in April after the country’s highest court on Thursday upheld the Trudeau government’s environmental policy. A six-judge majority on the nine-seat Supreme Court of Canada rejected provincial rights challenges against the levy by the Ontario, Alberta and Saskatchewan governments. The fossil fuel consumption tax, enacted by…

The American Petroleum Institute (API) on Thursday unveiled a five-point policy framework for tackling climate change while ensuring U.S. energy needs are met, including an economy-wide price on carbon emissions. The endorsement marked a seismic shift for the oil and gas group, which has lobbied against past attempts to impose carbon pricing in the United…

Anybody hear about hydrogen’s potential in the energy transition? A better question: has anyone not heard about the potential for the ancient element to upend the oil and gas complex? Hydrogen in all its myriad colors has become omnipresent in every conversation about the energy transition. Oil and gas operators of all shapes and sizes…

The Biden administration and Los Angeles (LA) Mayor Eric Garcetti on Wednesday said a federal study confirmed the city’s municipal utility could achieve 100% renewable power by 2045. Four years in the making, the LA 100% Renewable Energy Study, aka LA100, is an engineering-economic analysis overseen by the U.S. Department of Energy’s National Renewable Energy…