Energy Transition

Jamie Dimon said U.S. delays of liquefied natural gas (LNG) projects were done for “political reasons” to pacify those who believe oil and gas projects should be stopped — a position he calls “wrong” and “enormously naïve.”

Baker Hughes will supply a range of turbomachinery equipment, including four electric-driven main refrigeration compressors, two electric-driven boil-off gas compressors and six centrifugal pumps.

Chevron New Energies, a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy, a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system.

Johnson, speaking in an Easter interview on Fox News Sunday, hinted that he planned to bring a Ukraine aid package that could include language reversing the permitting pause to the floor after the House returns from its spring recess April 9.

Coiled tubing drilling is an excellent example of how existing technology can help move the oil and gas sector towards net zero.

All installations on the Utsira High are now receiving power from shore, saving emissions amounting to about 1.2 million tonnes of CO₂ per year.

Diamondback, the largest independent producer headquartered in the shale-oil region, has signed a nonbinding letter of intent with Oklo Inc. to deploy small reactors for some of its future power needs, according to Diamondback President Kaes Van’t Hof.

Seaway7’s scope includes the transport and installation of four substations. Offshore activity is scheduled to take place in 2026 utilizing both our heavy lift and heavy transportation vessels.

The 19 conventional LNG vessels have a capacity of 174,000 m3 each and will be equipped with the latest LNG shipping technologies to achieve optimal fuel efficiency and reduce carbon emissions.

The main objective of the MOU is to evaluate the feasibility of the CCS value chain, including capture of CO2 emitted from industries located in Japan, including JX’s affiliates, and transportation by ship from Japan to Chevron’s greenhouse gas storage portfolio in Australia.

Bringing together complementary technology portfolios, leading process design expertise and an established project delivery platform, the combination will leverage ACC’s commercial carbon capture product offering and SLB’s new technology developments and industrialization capability.

The Scarborough field is located approximately 375 km off the coast of Western Australia and the reservoir contains less than 0.1% carbon dioxide. Scarborough gas will be processed at the Pluto LNG facility, where Woodside is currently constructing Pluto Train 2. Woodside is operator of Pluto LNG and Pluto Train 2.

Electrification is the most practical solution for decarbonization, especially as renewable generating capacity increases and momentum to electrify vessels, including FPSOs, continues to build. However, the industry still faces headwinds, including high upfront costs, a lack of supporting infrastructure and properly trained personnel, and gaps in standards.

Shell New Energies US LLC has sold its 50% equity share in SouthCoast Wind Energy LLC to joint venture partner Ocean Winds North America LLC.

JERA will consider buying 500,000 tons a year, or half the ammonia produced from Exxon’s proposed low-carbon hydrogen project in Baytown, Texas, the companies said in a statement. Hydrogen can be converted into ammonia for shipping and storage, then burned cleanly to produce electricity.

During the late morning of last Monday, March 18, a CERAWeek session entitled “Strategic Choices in a Net Zero World” prompted a lively discussion among several panelists. Among the panelists were Liza Mustapha, Executive Vice President & Group Chief Financial Officer, Petronas; Jean Paul Prates, Chief Executive Officer, Petrobas; and Meg O’Neill, Chief Executive Officer & Managing Director, Woodside Energy.

With the proposed sale, BOEM is seeking feedback on various aspects of the proposed lease areas, including size, orientation, and location of the four lease areas and which areas, if any, should be prioritized for inclusion or exclusion from this lease sale.

A lawsuit filed against President Joe Biden and the U.S. Department of Energy in Louisiana federal court on Thursday asks a judge to overturn the temporary pause. The action supported by 16 state attorneys general, argues the administration runs counter to Congressional intent and decades of policy.

Maintenance will increase the Texas facility’s capacity to 16.5 million metric tons a year, up from the approximately 15 million tons a year currently, CEO Michael S. Smith said Tuesday at the CERAWeek by S&P Global energy conference in Houston.

Exxon Mobil Corp. won’t move forward with one of the world’s largest, low-carbon hydrogen projects if the Biden administration withholds tax incentives for natural gas-fed facilities, Chief Executive Officer Darren Woods said during an interview.

Since its inception in 2005, Optical Gas Imaging (OGI) has been an integral part of emission reduction in the oil and gas industry. Over that time, OGI cameras have been the center of the LDAR and EHS markets as the flagship technology for emissions mitigation. Beginning in 2008 with the Alternate Work Practice and most recently as the BSER for NSPS OOOOb and Appendix K of the March 6, 2024, U.S. EPA regulation, OGI technology has proven to be an efficient and effective means of regulatory compliance while also empowering oil and gas operators to increase safety and enhance productivity. The newest in OGI cameras have advanced features that help users meet these stringent regulatory requirements and increase LDAR inspection efficacy. In this webinar, FLIR Global Business Development Manager, Craig O’Neill will discuss how the NSPS OOOOb elevates the use of Optical Gas Imaging for leak detection. Who Should Attend: Air Quality Professionals, Compliance Officers, Directors of Compliance, EHS Professionals, Environmental Professionals, Fugitive Emissions Professionals, HSE Professionals, LDAR Professionals, Maintenance Managers, OGI Technicians, Operations Managers, Platform Managers, Reliability Professionals.