Energy Transition
Article
December 2023
As governments and industries increase their efforts to reduce greenhouse gas emissions, there is a rapidly growing demand for carbon credits by companies and individuals seeking to offset the carbon emissions they can’t eliminate on their own.
News
January 03, 2024
This year, the indices recognized Halliburton as a sector leader in Transparency & Reporting and Resource Efficiency & Circularity.
News
January 02, 2024
Following completion of the commissioning phase, Tango FLNG will produce its first LNG cargo by the first quarter of 2024, placing the Republic of Congo on the list of LNG-producing countries.
News
December 31, 2023
The first train of the Novatek PJSC-led Arctic LNG 2 project “has actually started operating,” Russia’s Deputy Prime Minister Alexander Novak said in an interview with state-run Rossiya 24 TV channel on Wednesday.
News
December 30, 2023
Carbon capture advocates have sounded the alarm about a growing backlog of carbon dioxide injection well applications, with 172 now pending before the EPA. They argue that when states take the lead role over the wells, rather than a small pool of overburdened EPA staff, they can expedite reviews and put a broader pool of engineers to work scrutinizing individual projects.
News
December 30, 2023
The American Petroleum Institute (API) released a statement from President and CEO Mike Sommers on the U.S. Environmental Protection Agency’s decision to grant primacy to the state of Louisiana to advance carbon capture projects.
News
December 28, 2023
ADNOC signed a 15-year Heads of Agreement (“LNG agreement”) with ENN LNG (Singapore) Pte. Ltd., a wholly-owned subsidiary of ENN Natural Gas Co. Ltd., for the delivery of at least 1 MMtpa of liquefied natural gas (LNG).
News
December 22, 2023
Billions of dollars in hydrogen-industry subsidies from President Joe Biden’s signature climate law will come with stringent environmental safeguards, raising concerns that strict rules will stifle production of the nascent climate-friendly fuel.
News
December 22, 2023
The American Petroleum Institute (API) released the following statement on Dec. 22 from API Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer after the U.S. Department of Treasury released its preliminary guidance on the 45V tax credit.
News
December 21, 2023
(WO) —TotalEnergies has signed an agreement with Thailand’s national oil and gas company PTTEP for the sale of a 25.5% equity stake in the Seagreen offshore wind farm for a consideration of $689 million.
News
December 21, 2023
Shell Plc has begun cutting jobs beyond previously announced reductions in its low-carbon division as CEO Wael Sawan seeks to trim costs and be more competitive with U.S. rivals, people familiar with the matter said.
News
December 21, 2023
Italian oil major Eni SpA agreed to sell about 9% of its Plenitude renewables unit to Energy Infrastructure Partners AG for $766 million via a capital increase to be completed in early 2024.
News
December 20, 2023
Santos’ plans to expand the Moomba carbon capture and storage (CCS) project and transform the Cooper Basin into a decarbonization and low-carbon fuels hub have gained further momentum through the agreement.
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.
