Energy Transition

Air Liquide SA, Chevron Corp., LyondellBasell and Uniper SE could “potentially advance” a hydrogen and ammonia facility on the Gulf Coast to support global industrial decarbonization. Neither a timeline to proceed, site location or estimated costs were provided. However, the evaluation would “cover the end-to-end energy value chain, utilizing each participant’s technical expertise in production,…

BP plc’s Orlando Alvarez, head of gas and power trading in the Americas, sees natural gas and other energy markets heading further into “unprecedented times” of market volatility and regulatory uncertainty, but those changes don’t all have to be challenges for the industry. During a keynote address at LDC Gas Forums’ Gulf Coast Energy Forum…

TC Energy Corp. is partnering with the granddaddy of American whiskey, the 156-year-old Jack Daniel Distillery in Tennessee at Lynchburg, to break into renewable natural gas (RNG) production. For C$29.3 million ($22 million), TC bought into a partnership with 3 Rivers Energy Partners LLC called Lynchburg Renewable Fuels LLC that has a deal with the…

A growing number of Lower 48 onshore oil and gas producers are publicly disclosing greenhouse gas (GHG) emissions data, according to new research by Haynes and Boone LLP and EnerCom inc. The trend  may be related to proposed rules by the Securities and Exchange Commission (SEC) that would require publicly traded firms to publish their…

Latin America doesn’t have any offshore wind today, but that could change soon as the region tries to build out a hydrogen industry. Off-grid green hydrogen projects should spur Latin America to a sharp increase in offshore wind projects, with capacity reaching 34 GW by 2050, according to analysis from Wood Mackenzie. Offshore wind activity…

Natural gas would retain its status as an essential ingredient of power supplies for Ontario, the most populated Canadian province, in a program adopted by the province’s Independent Electric System Operator (IESO). The plan calls for adding up to 1,500 MW of capacity to natural gas-fired generators for Ontario’s 15 million residents by 2027. The…

CF Industries Holdings Inc. has clinched an agreement to capture and permanently store up to 2 million metric tons/year (mmty) of carbon emissions from its Louisiana manufacturing complex with ExxonMobil. Under what is said to be one of the largest-of-its-kind commercial agreements, ExxonMobil plans to develop a 125,000-acre carbon dioxide (CO2) storage facility in Vermilion…

To expand and accelerate its bioenergy business, BP plc on Monday agreed to acquire Archaea Energy Inc., a leading U.S. renewable natural gas (RNG) producer. The acquisition, subject to Archaea shareholder approval, would be for $3.3 billion in cash and close to $800 million in debt.  Bioenergy is one of the five strategic transition growth…

The natural gas and oil industry is calling on policymakers to treat all forms of low-carbon hydrogen equally when doling out incentives in order to maximize the reduction of climate-warming greenhouse gas (GHG) emissions. Namely, so-called “blue” hydrogen, separated from natural gas in combination with carbon capture and sequestration (CCS), should not be put at…