Energy Transition

News
February 07, 2024
EQT has several nonbinding deals with LNG developers in the U.S., including Texas LNG LLC, Energy Transfer LP’s Lake Charles and Commonwealth LNG. The pause most affects Energy Transfer and Commonwealth, as well as Venture Global LNG Inc.’s CP2 in Louisiana, that are moving forward with export projects.

Whitepaper
Energy Security, Affordability and Sustainability: The Grand Alliance
February 06, 2024
AspenTech

News
February 02, 2024
“Reducing production of LNG actually harms the world achieving net zero sooner rather than later,” Chief Financial Officer Kathy Mikells said during an interview. “It’s a mistake.”

News
February 01, 2024
API President and CEO Mike Sommers outlines what's at stake under the Biden administration's LNG permit freeze and warns of the real-world consequences for U.S. allies, American jobs and climate progress.

News
February 01, 2024
The contract includes responsibility for the design of the CO2 transportation system and is another important milestone for the project as it progresses its design, costs and schedule towards a final investment decision (FID).

News
January 31, 2024
The legislation, “Unlocking our Domestic LNG Potential Act,” was introduced by U.S. Congressman August Pfluger and seeks to place the Federal Energy Regulatory Commission in charge of all LNG export permitting in the United States.

News
January 30, 2024
During the first day of the Baker Hughes Annual Meeting on Monday in Florence, Italy, a U.S. DOE official tried to explain the Biden administration’s sudden move to stop issuing LNG export licenses.

News
January 30, 2024
In 2023, ADNOC Gas maintained a strong sales momentum signing several LNG agreements valued between $9.4 billion and $12 billion, while continuing to invest domestically to position itself to meet both local and international demand for natural gas.

News
January 30, 2024
A total of 55 operators contributed to the NSTA survey, which showed that innovations related to net zero ambitions and digital transformation have risen significantly.

News
January 29, 2024
Baker Hughes announced several milestones to support the growth of the hydrogen economy, as part of the company’s broader strategy in new energy. The milestones were announced during the 24th Baker Hughes Annual Meeting held in Florence, Italy, and included advancements in the company’s hydrogen enabling technologies, as well as progress in executing several customers’ hydrogen projects and new collaborations in the sector.

News
January 29, 2024
Manchin, a staunch advocate of his home state’s abundant supplies of natural gas, said he would hold a hearing in the coming weeks to “unveil the facts about the true state of play in the markets, this administration’s motivations, and their implications.”

News
January 29, 2024
The CorrosaLock system joins the WellLock resin system, ThermaLock cement, and CorrosaCem cement system as part of Halliburton’s advanced CCUS portfolio.

News
Restricting LNG exports harms global energy production and national security, Energy Workforce warns
January 28, 2024
Energy Workforce and Technology Council released a statement warning of the critical impacts that will be felt on both a national and international scale if the administration moves forward in halting permits for U.S. LNG export facilities.

News
January 26, 2024
Under the deal, bp will take Equinor’s 50% stake in the Beacon Wind project, and Equinor in turn will get bp’s 50% share in the Empire Wind development.

News
January 26, 2024
The Biden administration on Friday officially halted the approval of new licenses to export U.S. liquefied natural gas (LNG) while it scrutinizes how the shipments affect climate change, the economy and national security — a moratorium likely to disrupt plans for billions of dollars in projects.

News
January 25, 2024
The hybrid power solution, designed with cutting-edge technology, will be installed on four of SEACOR Marine’s Platform Supply Vessels (PSV) to enhance the way the company manages energy consumption and emissions onboard these vessels.

News
January 25, 2024
In a letter to Secretary Granholm and senior administration officials, the groups emphasized the critical role that continued U.S. LNG exports play in safeguarding national security, creating U.S. jobs, supporting our European allies and contributing to global climate goals.

News
January 25, 2024
TotalEnergies and its partner Corio Generation (Corio) announced that the State of New Jersey selected their Attentive Energy Two offshore wind project for a 20-year contract to supply 1.34 GW of renewable electricity to the state. The project will deliver renewable power to over 650,000 homes.

News
January 25, 2024
Texas LNG, a 4 MMtpa liquefied natural gas export terminal to be constructed in the Port of Brownsville, Texas, and a subsidiary of Glenfarne Energy Transition, LLC received its Section 10 and Section 404 permits from the U.S. Army Corps of Engineers and the Railroad Commission of Texas under The Coastal Zone Management Act of 1972.

News
January 25, 2024
U.S. LNG is critical for helping Europe replace Russian gas. If the administration moves forward with this, it would undercut President Biden’s own pledge to send roughly 5 Bcfd of LNG through 2030 to Europe to help end its dependence on Russian gas.

News
January 24, 2024
The agreement includes TotalEnergies’ acquisition of a 85% equity stake in the Jammerland Bugt offshore wind project (240 MW) and a 72.2% equity stake in the Lillebaelt South nearshore wind project (165 MW). Both projects are located in Denmark.