Energy Transition
News
December 20, 2023
Wood has been awarded a contract by Dragados Offshore to deliver engineering design and provide regulatory support for the development of three 2GW converter stations that will transfer offshore wind power to Germany's power grid.
News
December 19, 2023
With the issued permits, the Sweetwater Hub, which will ultimately comprise over 100,000 acres of leased pore space and over 550 million metric tons of CO2 storage capacity, is set to become the premier carbon storage solution in the Rocky Mountain region.
News
December 16, 2023
Tokyo Gas Co. said its subsidiary Tokyo Gas America Ltd. will purchase Rockcliff Energy II LLC for about $2.7 billion in a move to expand its U.S. shale gas operations.
News
December 15, 2023
Chevron Corp. is slashing oil-refinery investments in California because of “adversarial” policies toward fossil fuels, a move that may boost what already are the highest pump prices in the nation.
News
December 15, 2023
Shell Plc agreed to sell its stake in the Schwedt refinery, a plant that supplies much of eastern Germany with fuel and has been caught up in Europe’s standoff with Moscow over the war in Ukraine.
News
December 14, 2023
"While each country will reflect on its own journey, through the North Sea Transition deal agreed with the UK Government in 2021, the UK offshore energy sector is already committed to and delivering on detailed plans to reach net zero by 2050," CEO David Whitehouse said.
News
December 13, 2023
Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS have successfully progressed the L10CCS project from the Concept Select phase, which includes various technical and economic assessments, into this next Define/FEED phase.
News
December 13, 2023
Africa still needs time – time that the Western world has already had and, frankly continues to milk – to resolve energy poverty and industrialize.
News
December 12, 2023
The London-based supermajor accused Venture Global of violating its contract by selling cargoes from its plant at Calcasieu Pass in Louisiana through one-off deals rather than supplying customers signed up for long-term deals, according to a letter BP sent to the Federal Energy Regulatory Commission on Monday.
News
December 12, 2023
Evolving sustainability initiatives and regulatory actions like consent decrees from the U.S. Environmental Protection Agency (EPA) have led many companies to seek ways to decarbonize their facilities. Reducing fugitive emissions is a good place to start, but eliminating leaks and implementation low-emissions (low-E) protocols can be complicated.
News
December 12, 2023
Towards the end of November, the construction of the THOR Offshore High Voltage Station (OHVS) project for RWE officially started. The key-milestone steel-cutting ceremony took place at the HSM Offshore Energy yard in Schiedam (Netherlands).
News
December 11, 2023
SLB and Northern Lights JV have signed a memorandum of understanding with Microsoft to optimize integrated cloud-based workflows for the operation of Northern Lights, one of the first CO2 transport and storage providers for cross-border carbon capture and storage (CCS).
News
December 08, 2023
Neptune Energy has been awarded Gold Standard status by the United Nation’s Environmental Program (UNEP), recognizing the company’s detailed plans to reduce methane emissions to near zero by 2030.
News
December 07, 2023
Cory has committed to working exclusively with Viking CCS in relation to exploring the potential transportation and storage of the captured CO2 into the Viking CO2 transportation and storage project via ABP’s Port of Immingham.
News
December 07, 2023
The Santos-Woodside discussions also illustrate the growing importance of liquefied natural gas (LNG) to the industry, as executives expect the fuel to be needed for decades in Asia as part of the energy transition.
News
December 06, 2023
The governments of Newfoundland and Labrador and Canada signed a Memorandum of Understanding (MOU) with respect to offshore wind development within inland bays, making the province the principal beneficiary and regulatory lead for such projects.
News
December 06, 2023
The drafted blueprint includes requirements sought by some environmentalists that would limit the $3-per-kilogram credit to hydrogen-production operations powered by wind, solar or other clean-power projects built within the last three years, according to people familiar with the plan.
News
December 05, 2023
Over 60 top executives and knowledge partners of the Alliance for Industry Decarbonization (AFID) held a roundtable at COP28 on Dec. 5 and committed to raising decarbonization ambitions through tangible achievements by 2030.
News
December 05, 2023
ADNOC and SOCAR will explore opportunities to work together to advance blue hydrogen, carbon management and geothermal technologies that can accelerate the decarbonization of energy systems in the UAE, Azerbaijan and other key markets and support their net zero ambitions.
News
December 04, 2023
Six major oil companies each contributed tens of millions of dollars to a grant fund meant to help state-owned rivals cull the release of super-warming methane emissions, but Chevron Corp. and Exxon Mobil Corp. didn’t join in.
News
December 04, 2023
(WO) — In an era when Africa needs oil and gas investments more than ever, attracting those investments has become increasingly difficult. Part of the challenge lies in the mounting pressure on oil companies to shift their focus from exploration and production to investments in renewable energy in response to global emissions-reduction goals.
