Energy Transition

Biden Administration Ready to Accelerate Carbon Capture Technologies with $2B-Plus in Funding

Biden Administration Ready to Accelerate Carbon Capture Technologies with $2B-Plus in Funding

The Biden administration is funding $2.52 billion to accelerate investments in carbon capture storage (CCS) and carbon transport technologies.  The Bipartisan Infrastructure Investment and Jobs Act of 2021 funded two programs: the Carbon Capture Large-Scale Pilots and Carbon Capture Demonstration Projects. The goal of these programs is to decrease carbon dioxide (CO2) emissions from electricity…

March 14, 2023
Hydrogen May Flow Soon, but Natural Gas Should Remain, Says Sapphire Technologies CEO

Hydrogen May Flow Soon, but Natural Gas Should Remain, Says Sapphire Technologies CEO

After the Los Angeles City Council last month voted to transition the city’s largest natural gas-fired plant to green hydrogen by 2030, there are still some “areas of concern,” Sapphire Technologies Inc. CEO Freddie Sarhan said.  According to LA100, a study and roadmap for the city’s best means to achieve 100% renewable electricity by 2045…

March 13, 2023
Engie<em> </em>Developing Biogas Project to Connect to Mexico Natural Gas Grid

Engie Developing Biogas Project to Connect to Mexico Natural Gas Grid

“We are working on the first biogas project connected to the natural gas network in Mexico, with the objective to inject green gasses into the distribution network,” Eva Ribera, Vice President of Business Development & Implementation at Engie México, told NGI’s Mexico GPI. “We think that biogas is currently an opportunity in Mexico and we…

March 10, 2023
Shell CEO Sees Energy Supply ‘Complacency’ as Europe Depending on ‘Luck for Strategy’

Shell CEO Sees Energy Supply ‘Complacency’ as Europe Depending on ‘Luck for Strategy’

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

March 10, 2023
Oxy’s 1PointFive Targeting 2026 In-Service for Gulf Coast CCS Hub

Oxy’s 1PointFive Targeting 2026 In-Service for Gulf Coast CCS Hub

Occidental Petroleum Corp. subsidiary 1PointFive has leased more than 55,000 acres along the Texas coast to develop a carbon capture and sequestration (CCS) hub, management said Thursday. The Bluebonnet Hub would be sited in Chambers, Liberty and Jefferson counties southeast of Houston. The hub as designed would boast capacity to hold about 1.2 million metric…

March 9, 2023
Tree Energy, HIF Global Looking to Scale Hydrogen Production Using LNG Model

Tree Energy, HIF Global Looking to Scale Hydrogen Production Using LNG Model

As firms like Tree Energy Solutions GmbH (TES) and HIF Global work to build large-scale production and export hubs for hydrogen in the United States and Europe, executives said the next generation of fuels would likely need to be supported by existing natural gas infrastructure. TES CEO Marco Alverà, speaking on a panel this week…

March 9, 2023
Energy Transition ‘Certainly’ Includes Natural Gas and Oil, Says Granholm

Energy Transition ‘Certainly’ Includes Natural Gas and Oil, Says Granholm

U.S. Secretary of Energy Jennifer Granholm told a crowd of energy executives on Wednesday that even as the Biden administration targets a nationwide, carbon-neutral country by 2050, oil and natural gas is going to remain a part of the energy mix for years to come.  “We know that even the boldest projections for clean energy…

March 9, 2023
Lime Rock Preparing for EPA Ruling with Fugitive Emissions Scanning

Lime Rock Preparing for EPA Ruling with Fugitive Emissions Scanning

As federal regulators prepare a ruling that would strengthen emissions standards for the oil and natural gas industry, Lime Rock Resources has partnered with Bridger Photonics Inc. to conduct fugitive methane emissions scanning in the Lower 48. Lime Rock partnered with Montana-based Bridger to use Gas Mapping Light Detection and Ranging (GLM) advanced laser technology…

March 8, 2023
TotalEnergies CEO Touts Critical Role of Natural Gas as Global Energy Demand Grows

TotalEnergies CEO Touts Critical Role of Natural Gas as Global Energy Demand Grows

The chief executive of TotalEnergies SE said natural gas is vital to ensure energy reliability now and for years to come as the world population swells and economies advance, driving demand that exceeds the realistic potential of renewable fuels in the foreseeable future. “We need to continue to produce it…Gas is good,” TotalEnergies CEO Patrick…

March 8, 2023
Shell, Chevron Move Ahead with LNG Projects to Cut Maritime Emissions

Shell, Chevron Move Ahead with LNG Projects to Cut Maritime Emissions

Shell plc and Chevron Corp. affiliates have signed deals to help cut emissions and further the use of LNG in the shipping sector. Shell said late last month that it would further long-standing collaboration with Hapag-Lloyd by signing a multi-year agreement to supply the global shipper liquefied natural gas for its 12 ultra-large, dual-fuel container…

March 8, 2023