Energy Transition

U.S. natural gas production and LNG exports are likely to grow between now and 2050 with domestic gas consumption dropping only slightly, according to the Energy Information Administration (EIA). All of the scenarios modeled in EIA’s latest Annual Energy Outlook (AEO) released last Thursday show the United States remaining a net exporter of natural gas…

CF Industries Holdings Inc., which uses natural gas in its hydrogen and nitrogen manufacturing, agreed to pay nearly $1.7 billion for the Incitec Pivot Ltd. (IPL) ammonia production complex in Waggaman, LA. The IPL facility has a nameplate capacity of 880,000 tons/year of ammonia, CF noted.  The companies plan to allocate around $425 million of…

Amogy, a Brooklyn-based startup company, has found a way to use ammonia to power the world’s first zero-emissions tugboat. This announcement comes after the company successfully powered a semi-truck. In an interview with NGI, CEO Seonghoon Woo talked about how using ammonia could decarbonize transportation. “Beyond its incredible energy density and liquid phase at an…

As dust settles on the nationwide natural gas-versus-electric stove story, regulators for California’s San Francisco Bay Area have determined that natural gas stoves are safe for now, but gas furnaces and water heaters must be phased out in four years.  In a near-unanimous vote, the Bay Area Air Quality Management District (BAAQMD) on Wednesday amended…

A coalition of business groups is calling on federal officials to expedite applications for carbon dioxide (CO2) injection wells, otherwise known as Class VI wells, citing frustration to advance carbon capture projects.  Eight groups from Illinois, New Mexico, Pennsylvania, Texas and West Virginia sent a letter to Environmental Protection Agency (EPA) Administrator Michael Regan requesting…

Chevron U.S.A. Inc. and joint venture (JV) partner Bunge Ltd. plan to work with Corteva Inc. to advance plant-based renewable diesel with U.S.-grown canola crops. Working with Corteva, Bunge Chevron Ag Renewables wants to introduce proprietary winter canola crops and increase the availability of vegetable oil feedstocks for the domestic renewable fuels market.  “Feedstock innovation…

More U.S. upstream operators are working to verify the methane emissions of their natural gas, and business is expected to strengthen as choosy buyers, particularly in Europe, choose independently certified gas. Methane, the primary component of natural gas, accounts for about 20% of the global anthropogenic greenhouse gas emissions. The natural gas sector emits a…

Shell plc is not going to determine how quickly the energy transition happens, but there is a role going forward for natural gas and oil, the CEO said last week. CEO Wael Sawan, who took the helm in January from long-time chief Ben van Beurden, spoke at CERAWeek by S&P Global in Houston. Asked if…

As the energy industry clamors for technologies to reach decarbonization goals, renewable natural gas (RNG), though still in short supply, may be the solution for hard-to-abate sectors.  Executives from RNG production, to midstream transportation and to utility applications discussed the potential scalability of the biofuel during a panel at CERAWeek by S&P Global.  After being…