Energy Transition
News
March 18, 2024
TotalEnergies will own a 25% share in the Bayou Bend project, a major CO2 storage project located along the Texas Gulf Coast. TotalEnergies will also own a 65% operated interest in the Harvest Bend (Louisiana) project and a 50% interest in the Coastal Bend (Texas) project.
News
March 18, 2024
Saudi Aramco Chief Executive Officer Amin Nasser said the global energy transition is “visibly failing” on most fronts as proponents overlook the impacts on consumers dependent on cheap, reliable fuels.
News
March 18, 2024
The House Committee on Oversight and Accountability is seeking documents and communications between the Energy Department and key federal agencies as well as White House aides John Podesta and Ali Zaidi, arguing the move was an attempt to appease liberal advocacy groups opposed to LNG exports ahead of the November presidential election.
News
March 15, 2024
The NEP is building carbon dioxide transportation and storage infrastructure for carbon capture projects in the United Kingdom’s East Coast Cluster. TechnipFMC will use its integrated Engineering, Procurement, Construction, and Installation (iEPCI) execution model to deliver this project.
News
March 15, 2024
Several LNG buyers have delayed signing new long-term contracts with U.S. producers until there is more clarity, according to people with knowledge of the matter. Malaysian state oil and gas company Petroliam Nasional Bhd. is in talks with Cheniere Energy Inc. and other firms, but is reluctant to commit until licenses are approved, said the people.
News
March 14, 2024
bp and Baker Hughes conducted one of the largest full-scale studies of flare combustion, including testing a range of flares under challenging conditions and verifying the accuracy of flare.IQ technology. Now, bp can carry out early interventions and reduce emissions from flaring.
News
March 14, 2024
Underscoring this shift back to its core fuel business, the company introduced a new target to reduce customer emissions from the use of its oil and gas products by 15% to 20% by 2030, compared with 2021 levels.
News
March 13, 2024
If all methane pledges made by countries and companies to date are implemented in full and on time, it would be sufficient to cut methane emissions from fossil fuels by 50% by 2030, the IEA’s new analysis finds.
News
March 13, 2024
Axis' EPIC RIG provides improvements in safety and efficiency, as well as the ability to run on grid power for reduced emissions and increased fuel flexibility.
News
March 11, 2024
TGS has expanded the coverage of its CO2 storage assessment datasets by adding eight additional U.S. onshore basins. These basins include Gulf Coast Onshore, Permian, Illinois, Michigan, Appalachia, North Dakota, Sacramento-San Joaquin and DJ, including interpretation on more than 43,000 wells across 378 million acres.
News
March 10, 2024
The world’s biggest crude oil exporter is in “discussions with a number of entities in the U.S. and other regions, Chief Executive Officer Amin Nasser said on an earnings call with reporters. The company will focus on LNG internationally and look to use its gas output at home to produce blue hydrogen and power, he said.
News
March 05, 2024
MethaneSAT's primary instrument includes a BAE Systems-built spectrometer that will identify and quantify methane emissions by measuring the narrow part of the infrared spectrum where the gas absorbs light reflected off the Earth. The satellite will monitor emissions from the oil and gas sector, and it will be able to revisit the same sites daily in most instances.
News
March 04, 2024
Kent’s specialists will be fully integrated within bp’s commissioning and completions management team, ensuring a standardized approach across all projects and business units globally.
News
March 01, 2024
Pennsylvania Senate Democrats Bob Casey and John Fetterman have been more pointed in their criticism, saying in a joint statement last month “if this decision puts Pennsylvania energy jobs at risk, we will push the Biden administration to reverse this decision.”
News
February 29, 2024
he deal entails the delivery of up to 0.8 million tons of liquefied natural gas (LNG) per annum (Mtpa) for a duration of sixteen years, commencing in 2027. The LNG will be sourced from TotalEnergies’ global portfolio.
News
February 26, 2024
In a petition filed Monday with the Energy Department, the American Petroleum Institute (API) and six other groups say the indefinite delay runs afoul of a legal mandate for the agency to issue permits to broadly export LNG unless there’s been a clear finding the shipments aren’t in the public interest.
Article
February 2024
We all want clean air and water. We all want to be good stewards of our land and natural resources. And over the last 50 years, America has proven that oil and gas production and a clean environment are not mutually exclusive.
News
February 25, 2024
H.E. Minister Al-Kaabi announced that extensive appraisal drilling and testing have confirmed that productive layers of Qatar’s giant North Field extend towards the west, which allows for developing a new LNG production project in Ras Laffan.
News
February 25, 2024
Japan, the world’s second-biggest LNG buyer, is moving to secure more gas after the 2022 energy crisis pushed the government to press companies to lock in supply and invest in projects.
News
February 21, 2024
A gas-focused development is one of three options being weighed by Exxon for its seventh Guyana project, country manager Alistair Routledge said in an interview in Georgetown Wednesday. The other two are additional oil developments from existing and new discoveries, he said.
News
February 20, 2024
This study ranks and prioritizes opportunities at large scale across 58 basins in Indonesia, Malaysia, Thailand and Vietnam, covering a total surface area of over 6 million km2, to help streamline the process for identifying the best basins and plays for potential carbon storage.