Energy Transition

Dutch fertilizer giant OCI NV has launched construction near Houston of what could be the largest blue ammonia facility to come onstream in the state. The project in Beaumont, which received its state air permit earlier this month, is on track to begin production in 2025. It was first announced by OCI in late 2013. …

The Colorado Public Utilities Commission (CPUC) doused its rules regulating natural gas utilities in red ink, adding requirements to reduce greenhouse gas (GHG) emissions and striking “natural” from natural gas. In what the Colorado Energy Office called a “key step” in achieving the state’s GHG Pollution Reduction Roadmap, the CPUC earlier this month finalized rules…

The Oil and Gas Climate Initiative (OGCI), a collaboration by the CEOs of a dozen global energy producers, said it  has reduced members’ absolute upstream methane emissions by 40% since 2017 with spending on low carbon solutions nearly doubling to $40 billion.The collaborative launched an industry-wide initiative to reduce methane emissions to near zero, while…

Natural gas should be viewed not as a bridge fuel, but as a catalyst to the energy transition domestically and abroad, according to the new “Appalachia First” vision unveiled by CNX Resources Corp. The Pittsburgh-based firm, which produced 1.67 Bcfe/d from the Marcellus and Utica shales during the third quarter of 2022, is arguing against…

Denbury Inc., long a leader in carbon sequestration, has captured agreements to potentially develop projects in Louisiana and Mississippi. One agreement is with a landowner in southwestern Louisiana, which includes 31,000 acres in Allen, Beauregard and Vernon parishes. The site is about 25 miles north of Denbury’s Green Pipeline, which transports CO2 for carbon capture…

NET Power LLC, whose technology is designed to reduce carbon emissions from natural gas, on Wednesday agreed to combine with Rice Acquisition Corp. II to advance solutions in a transaction worth an estimated $1.46 billion. Rice Acquisition, a special purpose acquisition company (SPAC), is focused on supply-side carbon dioxide (CO2) reductions. Once the transaction is…

CPV Group LP said Monday it has selected Doddridge County, WV, as the site of a planned $3 billion, 1,800 MW combined-cycle natural gas-fired power plant that would use carbon capture technology to minimize emissions. CPV is majority owned by Israel-based energy solutions company OPC Energy Ltd., whose shares trade on the Tel Aviv Stock…

A bill qualifying natural gas as green energy and allowing state agencies to lease land to develop oil and gas has passed the Ohio legislature and was awaiting a signature from Republican Gov. Mike DeWine.  Under current Ohio law, state agencies are not automatically required to lease land for oil and gas exploration and production…

Private equity firm Green Rock Energy Partners LLC has acquired PSA South Hills Landfill Gas Venture LLC, a renewable natural gas (RNG) production facility in South Park Township, PA. The facility upgrades landfill biogas to produce RNG for sale in the vehicular transportation market as renewable compressed natural gas, Green Rock said.  The facility is…