Energy Transition

Marine bunkering specialist Avenir LNG is looking to progress its terminal strategy and help Sweden decarbonize industrial sectors with a proposed natural gas import project. A memorandum of understanding (MOU) with Sweden’s Oxelösunds Hamn AB could advance a liquefied natural gas import terminal. The Port of Oxelösund facility as proposed would allow customers to import…

Under pressure from investors, utilities and consumers, natural gas producers and suppliers in 2022 are increasingly seeking out third-party certification to demonstrate they are delivering fuel that is brought to market with ultra-low methane emissions. It is a drumbeat that only in the last couple of years started to find a rhythm, with genuine momentum…

European-based supermajors Equinor ASA and Shell plc are collaborating with United States Steel Corp. to advance “decarbonization opportunities” in the Pennsylvania, Ohio and West Virginia region. U.S. Steel, as it is known, said the cooperation agreement with Equinor US Holdings Inc. and Shell US Gas & Power LLC would include carbon capture utilization and storage…

Opal Fuels Inc., a vertically integrated waste-to-energy company focused on renewable natural gas (RNG), saw fuel sales jump in the first half of the year. During the first six months of the year the White Plains, NY-based company sold 14.3 million gasoline gallon equivalents (GGEs) of transportation fuel, of which 13.1 million GGEs were RNG.…

Underinvestment in oil and natural gas supply could threaten global energy security and decarbonization efforts over the coming years, according to the CEO of Saudi Arabia’s state-owned oil behemoth.  Saudi Arabian Oil Co. (Aramco) CEO Amin Nasser hosted a conference call to discuss the national oil company’s (NOC) record-breaking first-half results. “Oil demand is likely…

Kinder Morgan Inc. is aiming to convert four natural gas-to-power facilities in Michigan and Kentucky to renewable natural gas (RNG) after closing last week on the acquisition of North American Natural Resources (NANR) and its subsidiaries. Kinder expects to make a final investment decision on the conversion to RNG of up to four of the…

Houston-based Talos Energy Inc., a major explorer in the Gulf of Mexico (GOM), expects to garner “several favorable provisions” from the Democrats’ Inflation Reduction Act (IRA), which would benefit the upstream business and the low-carbon ventures underway, CEO Timothy S. Duncan said. The independent issued its 2Q2022 results earlier this month, followed by a conference…

Liberty Energy Inc. CEO Chris Wright made no bones about prognosticators calling for the demise of oil and natural gas on Monday. “The energy transition is not happening,” he said in Denver. “This drumbeat is crazy.” Wright, speaking at the LDC Gas Forum Rockies & West, said demand for fossil fuels is robust and poised…

A new Louisiana carbon capture and sequestration (CCS) law should benefit the state’s renewables as well as natural gas and oil sectors, industry officials told NGI. Act 163, which took effect Aug. 1, provides extra carbon dioxide (CO2) “reservoir storage security” in Caldwell Parish, reported Strategic Biofuels LLC. The firm plans to develop the Louisiana…