Energy Transition
News
August 15, 2024
Canada’s new green technology fund is putting as much as $100 million into a carbon-capture firm that’s backed by Chevron Corp. to help it commercialize its technology.
News
August 15, 2024
Avance Gas holding Ltd., whose largest shareholder is Norwegian shipping billionaire John Fredriksen, said it has agreed to sell its entire fleet of very large gas carrying ships to BW LPG Ltd.
News
August 15, 2024
Kent and the Energy Institute have announced a collaboration to create comprehensive guidelines for the economics of decarbonization in greenhouse gas (GHG) emission reduction projects within the upstream oil and gas sector.
News
August 14, 2024
The recent Central Atlantic wind lease sale has generated nearly $93 million for two lease blocks. This sale, covering areas off Maryland, Delaware, and Virginia, demonstrates significant growth in the U.S. offshore wind sector.
News
August 13, 2024
The newly named Seatrium New Energy Laboratory will continue to drive innovation, focusing on addressing challenges related to new energies, offshore renewables, marine decarbonization, and digitalization within the Offshore & Marine (O&M) industry.
News
Serica Energy, SeaTwirl partner to decarbonize offshore assets in North Sea with floating wind power
August 13, 2024
The goal of the partnership is to identify and assess potential opportunities to decarbonize Serica’s offshore assets and other associated electrification opportunities using renewable power and subsea energy storage.
News
August 12, 2024
To tap some of these new consumers, parent company ADNOC is building a new plant at Ruwais that will more than double the UAE’s LNG export capacity when it starts operating in 2028. Oman and Qatar are also expanding their LNG production facilities.
News
August 08, 2024
The new report examines market opportunities for CO2 utilization, techno-economic and life-cycle assessments of current technologies, research and development needs, potential policy and regulatory frameworks, and enabling infrastructure.
News
August 07, 2024
Wood will use its specialist CO2 and blue hydrogen expertise to design the integrated blue hydrogen and ammonia production facility, marine facilities including ammonia storage, 200 kilometre pipeline and CO2 injection facility.
News
August 07, 2024
The D.C. Circuit court ruling is a setback for the company, which inked a preliminary deal with Saudi energy giant Aramco to buy the super-chilled fuel from an expansion at the South Texas plant known as Rio Grande LNG.
News
August 06, 2024
The project in Beaumont has a capacity of 1.1 million tons a year in the first phase, while the addition of carbon capture and storage will allow it to produce lower-emission ammonia from 2026, Woodside said. Agreements are in place for the feedstock and carbon capture capacity with Linde Plc and Exxon Mobil Corp., it said.
News
August 06, 2024
Galp has agreed to purchase approximately 0.5 MMtpa of LNG for 20 years from Cheniere Marketing on a free-on-board basis for a purchase price indexed to the Henry Hub price, plus a fixed liquefaction fee.
News
August 05, 2024
Occlusion focuses on innovation to provide a safe, efficient, and environmentally responsible end-to-end solution for end-of-life assets. This collaboration with Envana helps Occlusion meet increasing expectations for emissions reporting from well retirement services and ensures compliance with state emissions management requirements.
Article
July 2024
Leveraging a robust mitigation strategy of optimized maintenance and process control—enabled by instrumentation insight—the industry is able to reduce greenhouse gas emissions, while simultaneously increasing production.
News
August 04, 2024
The companies agreed other contractors could finish work on Golden Pass last month, paving the way for a restart after several setbacks this year. The new schedule means the 18 million-metric-ton-a-year facility, one of the country’s biggest, will begin operations about six months later than the previous plan, Exxon Chief Financial Officer Kathy Mikells said during an interview.
News
August 01, 2024
The project, which aims to remove 800,000 tonnes of carbon emissions annually, will also deliver permanent, verifiable and affordable carbon dioxide removals (CDRs).
News
July 31, 2024
The Study, commissioned by NACEF and PAGE, and conducted by ICF, “Lifecycle GHG Emissions of U.S. LNG Exports: Concepts, Methodologies, Data and Results,” shows that U.S. LNG exports are likely to have represented a net reduction in the world’s GHG emissions compared to the mix of alternative fuels that would have likely substituted for the LNG exports had they hypothetically not existed in 2022.
News
July 30, 2024
The disruption caused by Hurricane Beryl led to temporary reductions in U.S. LNG exports, contributing to fluctuations in global gas prices. Freeport LNG's gradual return to full production is a significant step towards stabilizing these markets.
News
July 26, 2024
The project aims to transport and store up to 500,000 metric tons of CO2 annually from CF Industries' nitrogen products complex, reducing the site's CO2 emissions by approximately 50%. The startup is planned for 2028.
News
Texas’ Freeport LNG hub to restart three production trains in early August following Hurricane Beryl
July 25, 2024
Two production trains are increasing production already. They will be followed by the third train as early as the end of next week. Full production is expected in August, people said, asking not to be identified because the information was not made public.
News
July 25, 2024
A bankruptcy judge on Wednesday approved a settlement between the joint venture building Exxon Mobil Corp.’s $10 billion gas export project in Texas and lead contractor Zachry Holdings Inc., allowing other companies to finish work on the plant.