Energy Transition

The American Petroleum Institute (API) has put forth a 10-point policy plan it wants the Biden administration to adopt to promote U.S. oil and natural gas production – and ease the global energy crisis. “As energy costs and geopolitical instability around the world continue to rise, API is calling on policymakers to confront the global…

Magnum Development LLC and Mitsubishi Power Americas Inc. have secured a $504 million loan guarantee from the U.S. Department of Energy (DOE) to develop what could be the world’s largest industrial green hydrogen hub in Delta, UT. The loan is DOE’s first in more than 10 years for a renewable energy project, Mitsubishi Power said.…

The Los Angeles City Council approved a motion to ban natural gas hookups to new buildings to address the city’s greenhouse gas (GHG) emissions.  Councilmembers Nithya Raman, Mitch O’Farrell, Nury Martinez, Marqueece Harris-Dawson, and Paul Koretz introduced the motion in early February. In late May, all of the council members voted to approve the motion. …

Georgia Power announced it was able to efficiently generate power using a 20% blend of hydrogen with natural gas in a month-long demonstration at one of its plants, which it said could validate the use of existing natural gas infrastructure to lower emissions. The utility collaborated with Mitsubishi Power Americas Inc. and the Electric Power…

The $1 billion-plus investment arm of the Oil & Gas Climate Initiative (OGCI), established by the CEOs of a dozen energy majors, said its portfolio companies have cut their direct carbon emissions by half since 2019. The decarbonization investor arm, OGCI Climate Investment (OGCI CI), said the 23 Catalyst Fund I portfolio companies realized a…

Landfill sites are set to reap the first benefits of a Canadian government reward program for greenhouse gas (GHG) reduction if methane is harvested from decaying waste or is permanently disposed. The federal environment department announced that dump owners, chiefly but not only municipal governments, are eligible for the first in a planned series of…

The Biden administration’s goal to develop at least four regional hydrogen hubs is advancing with an $8 billion investment tailored to encourage development. The Department of Energy (DOE) said it would issue a funding opportunity announcement (FOA) in the near future. Prospective applicants have already expressed interest in the hydrogen hubs initiative, which became law…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast for a discussion about the supply chain for lithium, an important raw material for the energy transition that is increasingly garnering the attention of natural gas and oil producers. In the podcast, NGI’s Matthew Veazey talks to Jess Green, UK-based software…

Southwestern Energy Co. said Tuesday it has a deal with the North American subsidiary of Uniper SE to supply independently certified natural gas for domestic and international distribution. The agreement pairs Southwestern, the second largest U.S. natural gas producer, with an affiliate of Uniper, one of Germany’s largest energy supply companies, at a time when…