Energy Transition

In a move to emphasize its rebranding to a broad energy company, French supermajor TotalEnergies SE has acquired a 20% stake in Hysetco, which owns the largest hydrogen taxi fleet in the world. Hysetco has about 700 taxis in Paris and it operates a network of hydrogen stations. The company was established in 2015 under…

A federal court has dismissed a lawsuit filed by two Pennsylvania Senate Republicans against the Delaware River Basin Commission (DRBC) ban on hydraulic fracturing (fracking).  The U.S. District Court for the Eastern District of Pennsylvania said state Sens. Gene Yaw and Lisa Baker lack standing to challenge the ban on unconventional oil and gas development…

The Group of 7 world leaders pledged over the weekend to protect the planet by supporting a “green revolution” to create jobs, reduce emissions and limit the rise in global temperatures.The G7, as it is better known, consists of Canada, France, Germany, Italy, Japan, the UK and the United States. The seven countries in 2020…

Houston-based Talos Energy Inc. is diving into carbon capture and storage (CCS) opportunities along the Gulf Coast and offshore with UK expert Storegga Geotechnologies Ltd.  Through the joint venture (JV), the partners plan to “source, evaluate and develop” CCS opportunities on the coast and in the Gulf of Mexico (GOM) offshore Alabama, Louisiana, Mississippi and…

Cheniere Energy Inc., the largest producer of liquefied natural gas (LNG) in the United States, is partnering with some of the country’s leading oil and natural gas producers to better understand and cut greenhouse gas emissions (GHG) upstream from its export terminals.  The project brings together Aethon Energy Management, Ascent Resources Utica LLC, EQT Corp.,…

The oil and gas sector could bear the brunt of efforts by multinational corporations to offload their highest-emitting suppliers in the coming years as they seek to green up their carbon profiles, according to UK financial services firm Standard Chartered. The firm, which surveyed 400 sustainability and supply chain experts at multinationals across the globe,…

An international regulatory body is set to finalize decarbonization guidelines for about 50,000 commercial vessels across the world later this month, but liquefied natural gas (LNG) ship owners are not waiting to upgrade their fleets. LNG carrier owners are already searching for ways to comply with the coming International Maritime Organization (IMO) decarbonization rules, which…

ExxonMobil on Wednesday sanctioned a $240 million-plus investment to improve its Baton Rouge, LA, refinery operations, which include installing technology to reduce emissions. Project construction is expected to begin later this year at the refinery, which has crude capacity of about 517,000 b/d.  The new suite of projects are geared toward improving processing capability, flexibility…

Oilsands developers made a collective vow on Wednesday to achieve net-zero greenhouse gas (GHG) emissions by 2050, without sacrificing thermal production that stands out as the top Canadian natural gas consumer. Five firms that control 90% of the 3 million b/d Alberta industry – Canadian Natural Resources Ltd., Cenovus Energy Inc., ExxonMobil’s Imperial Oil Ltd.,…