Energy Transition
News
July 06, 2024
Shell Plc, TotalEnergies SE, bp Plc and Mitsui & Co. will each take a 10% stake in the Ruwais LNG plant, said the people, who asked not to be named as the information isn’t public. Agreements may be signed as soon as next week, the people said.
News
July 04, 2024
U.S. LNG exports yield significant economic advantages by bolstering natural gas production, thereby enhancing labor income within the sector and driving down the costs of imported goods while bolstering the value of the dollar, consequently stimulating heightened economic activity, according to the Center for LNG.
News
July 03, 2024
DeepOcean’s scope of work includes trenching, transport and installation of all inter-array cables with adjacent services for all wind turbines of Nordseecluster A.
Article
June 2024
Addressing hydrogen hurdles to unlock net zero potential
News
July 03, 2024
Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition, LLC, has signed a non-binding Heads of Agreement (“HOA”) a long-term LNG free-on-board (“FOB”) sale and purchase agreement (“SPA”) for 0.5 MMtpa of LNG from Texas LNG.
News
July 02, 2024
U.S. District Judge James D. Cain Jr. in Louisiana issued a preliminary injunction Monday in a lawsuit filed by 16 states, which argued Biden violated federal law by halting licenses in January to assess impact of shipments on climate change.
News
June 30, 2024
Under the multi-year services frame agreement, Baker Hughes will provide spare parts and field service resources for onsite turbomachinery equipment maintenance and upgrades, equipment refurbishment and advanced digital asset performance services.
News
June 27, 2024
Baker Hughes launched three gas, flow and moisture measurement sensor technologies designed to improve safety performance and drive productivity in oil and gas, hydrogen and other applications across energy and industrial sectors.
News
June 26, 2024
Polaris and Atlas will build on the success of the Quest carbon capture and storage (CCS) facility at Scotford, which has safely captured and stored more than nine million tonnes of CO₂ since 2015 that would otherwise have been released into the atmosphere.
News
June 26, 2024
Aramco and Sempra have executed a non-binding Heads of Agreement (HoA) for a 20-year sale and purchase agreement (SPA) for liquefied natural gas (LNG) offtake of 5.0 million tonnes per annum (MMtpa) from the Port Arthur LNG Phase 2 expansion project.
News
June 26, 2024
Kimmeridge is buying out Commonwealth LNG founder Paul Varello’s share in the company as he retires and boosting the firm’s stake to 90%. The company also is appointing David Lawler — who resigned from bp in the wake of Bernard Looney’s departure in 2023 — as chief executive officer of the Kimmeridge Texas Gas unit, which would run Commonwealth LNG.
News
June 25, 2024
Following recent reports that the Biden Administration’s federal moratorium on new liquified natural gas (LNG) export plants is prohibiting Ukraine from purchasing American LNG, Railroad Commissioner Wayne Christian slammed the administration’s policy and called on the president to rescind the ban.
News
June 25, 2024
Summit Carbon Solutions has received the green light from Iowa regulators to construct the Midwest Carbon Express, a 688-mile pipeline spanning 29 counties.
News
June 25, 2024
Despite unprecedented energy challenges, 68% of oil and gas industry leaders express optimism for sector growth in the coming year. This confidence, revealed in a survey by DNV, underscores the sector's resilience as it balances immediate demands with long-term environmental responsibilities.
News
June 24, 2024
Heirloom Carbon is banking on the region’s many oil workers contributing to its facility's buildout and operation thanks to their transferable skills with machinery and the wells needed to store carbon safely underground.
News
June 20, 2024
Golden Pass, in its motion, urged the court to force Zachry — which filed for Chapter 11 proceedings in May and laid off thousands of workers from the Golden Pass site — to walk away from its contract and allow the joint venture to hire replacement workers.
News
June 20, 2024
Units of Wintershall Dea AG, INEOS Group, Equinor ASA and Orsted AS are among the companies that were granted rights to explore whether the Danish subsoil is suitable for commercial CO2 storage and establish whether the process can be done safely and securely, the Danish Energy Agency said Thursday.
News
June 19, 2024
Working at the intersection of spacetech and climatetech, AIRMO has developed a unique, state-of-the-art sensor that enables methane measurements from space. Combining the technology with Beagle Systems’ ability to utilise drones to collect data at low altitude will make it possible to collect precise information much more efficiently and enable companies to meet the new stringent reporting requirements.
News
June 18, 2024
The acquisition will consolidate more assets in the hands of what is already the world’s biggest LNG player, at a time when demand for LNG expands faster than other fossil fuels. Major energy producers, including Shell and Chevron Corp., assert that natural gas will play a long-term role in the energy transition.
News
June 17, 2024
The estimated global expenditure on hydrogen production for energy purposes from now until 2050 is expected to reach $6.8 trillion, with an additional $180 billion allocated for hydrogen pipelines and $530 billion for the construction and operation of ammonia terminals.
News
June 14, 2024
The new company will combine ACC’s amine-based Advanced Carbon Capture technologies, including Just Catch and Big Catch modular plant technologies for medium- and large-scale facilities, and Just Catch Offshore for offshore gas turbines, with SLB’s portfolio of technology solutions, including non-aqueous solvent and emerging sorbent-based offerings.
