Energy Transition

California’s final legislative session finished late Wednesday, passing to Gov. Gavin Newsom a bill to give the state’s last nuclear plant, Diablo Canyon Power Plant (DCPP), a new lease on life by extending the retirement date by several years.  Newsom said late Wednesday the DCPP’s continued operations were “critical” in “making sure we have energy…

SquareOne Energy LLC last month unveiled plans to build its first facility for recycling previously refined hydrocarbons into pipeline-compliant, on-road fuel products in the Philadelphia area, which it said would be the first of its kind. The project is to be developed at PBF Energy Inc.’s refined products terminal in Paulsboro, NJ, on the Delaware…

The disciplined capital approach by Lower 48 natural gas and oil producers has collided with sharply higher commodity prices, giving the industry the potential to become debt free and ready to transition to lower carbon, according to Deloitte. U.S. exploration and production (E&P) companies this year alone could report a total of $1.4 trillion in…

Having secured $138 million in new funding from an investment group led by private equity firm DCVC, emerging geothermal power plant developer Fervo Energy is focused on completing at least two projects in the Western U.S. Houston-based Fervo said the additional funding, which augments the $39 million it raised previously by about 350%, would help…

Port Fourchon, a logistics hub near Leeville, LA, serving the Gulf of Mexico oil and natural gas industry, plans to expand its use of advanced marine emissions monitoring technology, facility owner and operator Greater Lafourche Port Commission (GLPC) reported earlier this month. GLPC has partnered with SailPlan, a maritime transportation emissions tracking firm, to deploy…

Two New England states recently joined the northeastern regional hydrogen hub coalition, adding to the expanding list of agencies ready to benefit from federally funded projects.  With the addition of Rhode Island and Maine, the New York-led coalition now involves six states. Connecticut, Massachusetts and New Jersey were the first to partner with the New…

ExxonMobil has been given the green light by federal officials to sequester carbon emissions deep underground in Wyoming, the first project of its kind to gain approval on federal lands. The Department of Interior’s Bureau of Land Management (BLM) approved the sequestration project in Lincoln and Sweetwater counties.  A carbon dioxide (CO2) disposal well pad…

The Inflation Reduction Act of 2022 (IRA) could more than double the amount of carbon dioxide (CO2) emissions that can economically be abated via carbon capture, storage and utilization (CCUS), according to modeling by Enverus. Natural gas-fired power plants, oil refineries and upgraders, as well as cement production, are among the emitting sources that would…

Project Canary has taken its emissions monitoring worldwide following its first partnership with a UK-based natural gas infrastructure company, Kellas Midstream Ltd. “We’ve spent the last four years providing U.S. companies with innovative emissions data to facilitate demonstrable environmental performance changes,” said Project Canary CEO Chris Romer. “With Kellas, we’ve found the right partner to…