Energy Transition

Talos Expanding Deepwater GOM Reach with EnVen

Talos Expanding Deepwater GOM Reach with EnVen

Talos Energy Inc. plans to acquire privately held deepwater Gulf of Mexico (GOM) operator EnVen Energy Corp. in a $1.1 billion deal, the Houston-based independent said. The acquisition, slated to close by the end of the year would expand the company’s production by 40% and gross acreage by 35%. The buy would give Talos another…

September 29, 2022
TotalEnergies Sees U.S. as Growth Engine for Global LNG, Renewables

TotalEnergies Sees U.S. as Growth Engine for Global LNG, Renewables

LNG and renewables are the core of TotalEnergies SE’s U.S. strategy as it inks alliances to expand the global trading arm, executives said Wednesday. The French supermajor is “profitably expanding,” with liquefied natural gas equity production in the United States and Mexico, said CFO Jean-Pierre Sbraire. He and CEO Patrick Pouyanné shared the stage in…

September 28, 2022
Tallgrass, Equinor Exploring U.S. Hydrogen, Ammonia Production, Transportation

Tallgrass, Equinor Exploring U.S. Hydrogen, Ammonia Production, Transportation

Tallgrass Energy Partners and Equinor ASA are studying the production and market potential for large-scale hydrogen and ammonia projects, along with associated distribution infrastructure, across the United States. Under a memorandum of understanding, Tallgrass and Equinor agreed to initial co-development activities, which include funding of a front-end engineering and design study. The research would focus…

September 27, 2022
U.S. Floating Offshore Wind Capacity Growing, with API Collaborating on Safety

U.S. Floating Offshore Wind Capacity Growing, with API Collaborating on Safety

The Biden administration has tacked another 15 GW of floating offshore wind capacity to its clean energy goals, as the American Petroleum Institute (API) inked a preliminary agreement with the Offshore Operators Committee (OOC) to develop safety management systems (SMS).  With “decades of offshore operating experience under highly technical and complex conditions” under its belt,…

September 27, 2022
Appalachian Basin Engineers Studying Hydrogen Transport in Natural Gas Pipelines

Appalachian Basin Engineers Studying Hydrogen Transport in Natural Gas Pipelines

How to safely and securely transport hydrogen through natural gas infrastructure is the focus of a new research partnership between the University of Pittsburgh (Pitt) Swanson School of Engineering and utility Peoples Natural Gas. “Hydrogen has the potential to transform the way we heat our homes and power our businesses, using the existing natural gas…

September 26, 2022
Seven Midwest States Collaborating to Vie for Hydrogen Hub to Create Jobs, Lower Emissions 

Seven Midwest States Collaborating to Vie for Hydrogen Hub to Create Jobs, Lower Emissions 

A coalition of seven Midwest states plan to compete for a hydrogen hub designed to expand local economies, decrease emissions and reduce costs. The Midwest Hydrogen Coalition (M-H2) was formalized last week by the governors of Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio and Wisconsin. The aim is to snag a share of an $8 billion…

September 26, 2022
Schlumberger, Aramco Eyeing Emissions Reductions Through Digital Platform

Schlumberger, Aramco Eyeing Emissions Reductions Through Digital Platform

The world’s largest oilfield services company and the world’s largest oil company are partnering to develop a digital platform to help decarbonize hard-to-abate industrial sectors. Schlumberger Ltd. and Saudi Arabian Oil Co. (Aramco) said this week that, “The proposed platform will enable companies in industries such as oil and gas, chemicals, utilities, cement and steel…

September 23, 2022
Dow, in Decarbonizing Mode, Considers Small-Scale Nuclear to Power Gulf Coast Facility

Dow, in Decarbonizing Mode, Considers Small-Scale Nuclear to Power Gulf Coast Facility

A modular nuclear reactor could generate power for a Dow Chemical Co. manufacturing facility on the Gulf Coast within the next decade under a potential deal with nuclear technology developer X Energy LLC A letter of intent (LOI) was signed by Dow and X-energy, as it is known, to consider deploying the nuclear developer’s Xe-100…

September 22, 2022
CPV Proposes 1,800 MW Natural Gas Project Using CCS in West Virginia

CPV Proposes 1,800 MW Natural Gas Project Using CCS in West Virginia

Competitive Power Venture Inc. (CPV) has proposed a 1,800 MW combined-cycle natural gas power plant in West Virginia that could be the state’s first to utilize carbon capture and storage (CCS) infrastructure. CPV announced the potential $3 billion investment in Charleston, WV, earlier this month alongside Sen. Joe Manchin (D-WV). Maryland-based CPV also disclosed the…

September 22, 2022
IEA Sees Natural Gas, Oil, Coal Job Growth Lagging Alternative Sectors

IEA Sees Natural Gas, Oil, Coal Job Growth Lagging Alternative Sectors

Worldwide energy sector employment has topped pre-pandemic levels, and the workforce rebound has been strongest outside of fossil energy sectors, according to the International Energy Agency (IEA). In its inaugural World Energy Employment Report, Paris-based IEA found that more than 65 million people hold energy-related jobs globally. The study also concluded that more than 50%…

September 22, 2022