Energy Transition

BP Looking to Hydrogen Expansion to ‘Reinvent’ Natural Gas

BP Looking to Hydrogen Expansion to ‘Reinvent’ Natural Gas

Hydrogen has the power to “reinvent” natural gas, and BP plc is looking to take the lead in the transition, a top executive said earlier this month. BP’s energy economics team and the International Energy Agency (IEA) are forecasting a big role for hydrogen in the transition from fossil fuels to alternative energies. BP Executive…

June 28, 2021
Southwest Gas Readies Five RNG Projects

Southwest Gas Readies Five RNG Projects

Renewable natural gas (RNG) is set to take hold in Arizona and the high desert region of Southern California based on projects launched by Las Vegas-based Southwest Gas Corp. The five projects would collectively supply 10 million therms of RNG from wastewater treatment and dairy sites. The first project is the Tres Rios Wastewater Project…

June 28, 2021
PBF Looking to Convert Louisiana Hydrocracker to Produce Renewable Diesel

PBF Looking to Convert Louisiana Hydrocracker to Produce Renewable Diesel

PBF Energy Inc. may convert an idled hydrocracker unit at its Chalmette refinery near New Orleans into a renewable diesel production complex, which could expand the job force and other opportunities. The refining giant said it may invest $550 million to retrofit one hydrocracker unit that has been out of operation since 2010. Also being…

June 25, 2021
Congress Approves Restoration of Obama-Era Methane Rules for Oil, Natural Gas Industry

Congress Approves Restoration of Obama-Era Methane Rules for Oil, Natural Gas Industry

The House on Friday voted to restore Obama-era controls on methane emissions from the oil and natural gas sector that had been partially rescinded by the Environmental Protection Agency (EPA) under the Trump administration. The measure passed by a margin of 229-191 under the Congressional Review Act (CRA) after 52-42 passage by the Senate, and…

June 25, 2021
Mexico ‘Ideal’ for Hydrogen Development, Association President Says

Mexico ‘Ideal’ for Hydrogen Development, Association President Says

“Companies that have joined the Mexican Hydrogen Association consider that there is large potential for green hydrogen development in Mexico, particularly given the country’s geographic location and access to abundant renewable energy sources,” Israel Hurtado, president of the Mexican Hydrogen Association, told NGI’s Mexico Gas Price Index. “Members of the industry are looking at green hydrogen…

June 25, 2021
Ahead of Regulators, API Proposes Way for Oil and Gas Companies to Uniformly Report Emissions

Ahead of Regulators, API Proposes Way for Oil and Gas Companies to Uniformly Report Emissions

After backing an economy-wide price on carbon emissions, the American Petroleum Institute (API) on Thursday released a new template for oil and gas companies to standardize greenhouse gas (GHG) emissions reporting. API, the largest U.S. oil and gas trade association, is asking energy companies to track emissions and voluntarily disclose to the public details, including…

June 24, 2021
Southwestern Energy Reaches First Appalachian-Wide Deal to Certify Natural Gas Production

Southwestern Energy Reaches First Appalachian-Wide Deal to Certify Natural Gas Production

Southwestern Energy Co. this week said it would become the nation’s first exploration and production (E&P) company to certify that its natural gas is responsibly produced from all of its wells across an entire basin. The company reached an agreement for Project Canary to continuously monitor emissions and certify responsibly sourced gas (RSG) from all…

June 24, 2021
Range Resources Launches Pilot to Certify Natural Gas as Responsibly Produced

Range Resources Launches Pilot to Certify Natural Gas as Responsibly Produced

Range Resources Corp. has launched a pilot program with monitoring company Project Canary to certify that its natural gas is produced in an environmentally responsible way.  Project Canary would monitor methane emissions at two well pads in southwestern Pennsylvania. Production at the locations would also be certified under Project Canary’s TrustWell certification process.   Range produced…

June 24, 2021
Schlumberger Gearing Portfolio to Reach Net-Zero Carbon by 2050

Schlumberger Gearing Portfolio to Reach Net-Zero Carbon by 2050

Schlumberger Ltd., the world’s largest oilfield services company, has joined its energy peers in committing to reach net-zero carbon emissions across the oil and gas value chain by 2050. The company said Tuesday it has spent 18 months analyzing and working with experts to produce a decarbonization plan. The focus is to reduce emissions from…

June 23, 2021
Asia Pacific Coal Power Investments Seen Outpacing Natural Gas into 2030s

Asia Pacific Coal Power Investments Seen Outpacing Natural Gas into 2030s

Wind, solar and natural gas have the brightest future in Asia Pacific power generation, although coal is not going anywhere soon, according to experts at Wood Mackenzie. “Asia Pacific power generation investments are leading the world and expected to hit $2.4 trillion in the current decade, with renewables accounting for over half, or $1.3 trillion…

June 23, 2021