Energy Transition

U.S. Natural Gas Still Essential, but Lower 48 E&Ps Facing ‘Altered Landscape’ in 2021

U.S. Natural Gas Still Essential, but Lower 48 E&Ps Facing ‘Altered Landscape’ in 2021

Natural gas remains essential to the global energy transition, according to most U.S. executives, but many see a reduced or evolving role as renewables gain and the energy transition accelerates. That’s according to Deloitte, which recently issued its 2021 industry outlook after surveying a broad array of U.S. executives. Following the presidential election, the consultancy…

December 24, 2020
Global Investments in Renewables Could Exceed Pre-COVID levels in 2021

Global Investments in Renewables Could Exceed Pre-COVID levels in 2021

Poised to rise back to 2019 levels and beyond, the global capex spending on renewables is estimated to grow 8.5% to $255 billion in 2021, according to IHS Markit.  Following the rampant COVID-19 lockdowns and mobility restrictions that caused construction delays and supply chain disruptions in 2020, IHS expects a steady recovery in the year…

December 24, 2020
Energy Industry Celebrates $2.3T Government Funding, Coronavirus Relief Bill, Though Trump Balks at Signing

Energy Industry Celebrates $2.3T Government Funding, Coronavirus Relief Bill, Though Trump Balks at Signing

Proponents of the natural gas, oil and renewable energy sectors all found something to like about a $2.3 trillion omnibus spending and coronavirus relief package passed late Monday by the House and Senate, although President Trump stalled the proceedings in a surprise video address Tuesday. He indicated he would not sign the bill into law…

December 23, 2020
Clean Energy Fuels Partners with Supermajors on Renewable Natural Gas

Clean Energy Fuels Partners with Supermajors on Renewable Natural Gas

A major distributor of renewable natural gas (RNG) for transportation has crafted separate partnerships with global supermajors BP plc and Total SE to expand U.S. production of the potentially carbon-negative fuel. Newport Beach, CA-based Clean Energy Fuels Corp. announced Monday it signed a memorandum of understanding (MOU) to create a 50/50 joint venture with Total…

December 23, 2020

Sempra Utilities OK’d to Begin Voluntary RNG Pilot for California Customers

California has authorized Sempra Energy’s two state utilities to begin a three-year voluntary pilot program that would offer renewable natural gas (RNG) to residential and small commercial/industrial customers. Southern California Gas Co. (SoCalGas) and San Diego Gas and Electric Co. (SDG&E) were approved to begin the $2 million demonstration by the California Public Utilities Commission…

December 22, 2020
Minnesota Power Reaches 50% Renewables Milestone

Minnesota Power Reaches 50% Renewables Milestone

Minnesota Power has become the first Minnesota utility to deliver 50% renewable energy to customers, bringing the company closer to its energy mix goal of two-thirds renewable energy and natural gas, and one-third “environmentally compliant” coal, the company said Wednesday. The company reached the milestone when its Nobles 2 wind project in southwestern Minnesota came…

December 22, 2020
SoCalGas’ Exploration of Hydrogen Blending Moves Forward with Field Test, Demonstration Program

SoCalGas’ Exploration of Hydrogen Blending Moves Forward with Field Test, Demonstration Program

Southern California Gas Co. (SoCalGas) recently revealed separate field test and demonstration programs to clear the way for commercial-scale blending of hydrogen into its gas distribution system. The Sempra Energy subsidiary plans to begin a two-year field test in March at its engineering facility east of downtown Los Angeles, examining a new technology that can…

December 21, 2020
Biden’s Energy, Environment Post Picks Tasked with Confronting ‘Existential’ Climate Change Threat

Biden’s Energy, Environment Post Picks Tasked with Confronting ‘Existential’ Climate Change Threat

President-elect Joseph R. Biden Jr. on Thursday unveiled his selections for the top climate and energy posts in his administration, leaving little doubt of an impending sea change in federal policy when he takes office on Jan. 20. The nominations and appointments comprise U.S. Rep. Deb Haaland (D-NM), Department of the Interior (DOI) secretary; former…

December 21, 2020
BP Eyes Carbon Offset Market, Taking Majority Stake in Largest U.S. Forest Developer

BP Eyes Carbon Offset Market, Taking Majority Stake in Largest U.S. Forest Developer

BP plc has taken a majority stake in Finite Carbon, the largest developer of U.S. forest carbon offsets, with plans to accelerate business opportunities overseas. Using its internal business accelerator BP Launchpad, the supermajor said it plans to provide the oomph for Finite to expand into international markets. BP already held a stake in the…

December 20, 2020
Mixed Reaction from Oil, Natural Gas Industry as Biden Names Top Climate, Energy Picks

Mixed Reaction from Oil, Natural Gas Industry as Biden Names Top Climate, Energy Picks

President-elect Joseph R. Biden Jr. on Thursday unveiled his picks for the top climate and energy posts in his administration, leaving little doubt of an impending sea change in federal policy when he takes office on Jan. 20. The nominations and appointments comprise U.S. Rep. Deb Haaland (D-NM), Department of the Interior (DOI) secretary; former…

December 18, 2020