Trustees for New York City’s two largest pension funds have approved a plan to divest from some upstream natural gas, oil and coal companies by 2025. Led by Comptroller Brad Lander, trustees are ready to implement plans to achieve net-zero emissions by 2040 in the New York City Employees’ Retirement System (NYCERS) and the Teachers’…
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Calgary’s Atco, Kansai to Export Natural Gas-Fueled Blue Hydrogen to Japanese Markets
Calgary-based Atco Ltd. has made an opening move on tapping Alberta natural gas to fuel low-carbon hydrogen exports to Japan. Atco also clinched an agreement to create an “integrated clean fuels supply chain” between subsidiary Canadian Utilities Ltd. and Kansai Electric Power Co. The plan is in early stages, with no volumes, production costs or…
Tanos Exploration Earns High Rating for Independently Certified Natural Gas
Tanos Exploration LLC, recently acquired by Diversified Energy Co. plc, has received the second highest environmental risk assessment for its natural gas, which is expected to help advance its plans to achieve environmental goals. Project Canary, which certifies the production for many U.S. oil and gas producers, gave a “Gold” rating to the Tanos wells…
Kinder Morgan Capturing More Low-Emissions Opportunities with California’s Renewable Diesel Hubs
Kinder Morgan Inc.’s (KMI) renewable diesel (RD) hub projects in California are in full commercial operation, which may be the first to transport the alternative fuel by pipeline to inland destinations. “We are confident that the best way to serve markets during this energy evolution is through an all-of-the-above energy mix,” said KMI’s Dax Sanders,…
Harnessing CO2 at Utility-Scale Natural Gas Plants Possible, Says NET Power’s Rice
NET Power LLC may hold the key to taking one of the natural gas industry’s biggest challenges – eliminating carbon emissions – and instead making them part of the solution. Incoming CEO Danny Rice recently sat down with NGI to share how the emerging technology, already proven at a power plant southeast of Houston, is…
Hess Advancing ‘Game Changer’ Initiative Using Crops to Capture and Store Carbon
Major global natural gas and crude oil producer Hess Corp. is donating $50 million to Salk Institute’s Harnessing Plants Initiative (HPI) over the next five years to advance initiatives toward net-zero emissions. The funds would support research operations and infrastructure for the new Hess Center for Plant Science. “The Harnessing Plant Initiative is a potential…
Bipartisan House Bill Looks to Boost Alternative Fuels Credit, Including for RNG
A bipartisan duo in the House have introduced legislation to incentivize renewable natural gas (RNG) use in motor vehicles through a $1/gasoline gallon equivalent (GGE) tax credit for fuel distributors. Reps. Linda Sánchez (D-CA) and Brian Fitzpatrick (R-PA) introduced the Renewable Natural Gas Incentive Act of 2023, proposing to add RNG to the list of…
Enbridge’s Blue Ammonia Project in South Texas May Partner with Yaro
Norway’s Yara International ASA has signaled it may join Enbridge Inc. to develop a blue ammonia project on the Texas coast near Corpus Christi. Adjacent to the Enbridge Ingleside Energy Center (EIEC), the Calgary-based midstream giant is designing a low-carbon ammonia facility and export project. Blue ammonia is manufactured from nitrogen and hydrogen derived from…
EQT Giving ‘Context’ to Decarbonize Entire Natural Gas Value Chain
EQT Corp., the largest natural gas producer in the United States, is partnering with Context Labs to commercialize verified low-carbon intensity natural gas products and carbon credits. Context Labs offers decarbonization as a service, or DaaS, using technologies to certify emissions profiles and help progress mitigation across the natural gas value chain. Technologies include distributed…
Buckeye Launching Energy Transition Arm to Speed Global Decarbonization
U.S. midstream giant Buckeye Partners LP is expanding its diversified energy projects by launching an infrastructure arm that would focus on energy transition opportunities. BAES Infrastructure would develop, construct and operate the projects, the Houston company said. Buckeye provides infrastructure and logistic solutions and is one of the largest liquid petroleum products pipeline operators in…