Energy Transition

Global exploration operators are ready to get back to business in oil and natural gas onshore and offshore, with the international players likely to shell out more funds this year than their Lower 48 compadres. Energy analysts in recent weeks have begun offering their takes on the likely pace of activity and potential capital expenditures…

Massachusetts is ready to follow in California’s footsteps as it moves toward reducing greenhouse gas emissions and looks to ban gasoline-fueled vehicles in a bill that was passed earlier this month. Under a program that has been in the works for months, the overall goal is to reduce carbon emissions by 2030 to 45% below…

Renewables will account for a substantial majority of the new U.S. utility-scale electric generating capacity planned to start commercial operation this year, with natural gas coming in a distant third behind solar and wind, according to data from the Energy Information Administration (EIA). Developers and power plant owners plan to add 6.6 GW of natural…

The U.S. Supreme Court on Monday denied a petition that sought to overturn a Minnesota county ordinance banning the mining of silica sand, which is used in some Lower 48 well completions. Minnesota Sands LLC, which filed its initial lawsuit in 2017, was challenging an adverse ruling by the Supreme Court of Minnesota regarding Winona…

The world’s first comprehensive roadmap for the energy sector, designed to help governments and companies reach net-zero emissions by 2050, is set to be issued later this year as climate change issues dominate, according to the International Energy Agency (IEA). The global energy watchdog said the report, to be issued in May, would “set out…

Renewable natural gas (RNG) volumes and production sites increased significantly over the past two years in the United States, an assessment that comes as advocates are searching for ways to expand even further. Consultancy Energy Vision LLC completed a report in December in conjunction with the Argonne National Laboratory, which found a 42% increase in…

U.S. energy executives remain wary about the outlook for the oil and natural gas markets this year, and are relying on moderate commodity prices as they finesse their 2021 capital spending plans, according to a recent survey by the Federal Reserve Bank of Dallas. The Dallas Fed, as it is better known, every quarter surveys…

Albuquerque-based BayoTech Inc., an on-site hydrogen production company, said it has secured a $157 million investment from private equity firm Newlight Partners LP. Other investors including Cottonwood Technology Funds, Sun Mountain Capital and Fortistar also are backing growth, according to BayTech, to increase project development and expand infrastructure. “Advances in fuel cell technology are driving…

Sempra Energy’s Southern California Gas Co. (SoCalGas) is punching back against an attempt by state regulators that would force the utility to pay a hefty fine for using ratepayer funds to allegedly influence state building codes favoring electrification. The California Public Advocates Office (CalPA) at the California Public Utilities Commission (CPUC) asked that SoCalGas be…