Carbon Capture

Source: Reuters

World’s top emitters a long way from aligning with climate goals

Reuters


LONDON – The world’s biggest carbon-emitting companies are far from aligning with the Paris Climate Agreement, a report by the leading climate-focused investor group showed on Monday.

Climate Action 100+, whose 575 members manage $54 trillion in assets, was …

Source: Reuters

EnerCom Dallas Presenter Update: Suncor Energy to accelerate decarbonization with carbon capture technology.

Oil and Gas 360


ESG Takes Center Stage at The EnerCom Dallas Energy Investment & ESG Conference April 6-7

Editor’s Note: Suncor Energy (NYSE: SU) is Canada’s leading integrated energy company working together with stakeholders to responsibly supply the energy …

Source: Reuters

Column: India may join net-zero emissions club, but membership won’t be easy

Reuters


LAUNCESTON, Australia- India may be the last major climate change domino to fall into place as the government considers setting a target to reach net zero carbon emissions, in line with similar moves by other major polluters.

India is …

Source: Reuters

Invest $131 trillion in clean energy by 2050 to hit climate goals, agency says

Reuters


LONDON – Planned investment in clean energy must increase by 30% to a total of $131 trillion by 2050 to avert catastrophic climate change, with the need to massively scale up hydrogen production particularly acute, according to a study …

EnerCom announces preliminary list of participating companies at the EnerCom Dallas Energy Investment and ESG Conference, April 6-7, 2021

EnerCom announces preliminary list of participating companies at the EnerCom Dallas Energy Investment and ESG Conference, April 6-7, 2021

EnerCom Announces Preliminary List of Participating Companies at the EnerCom Dallas Energ…

Source: CNBC

German steel powerhouse turns to ‘green’ hydrogen produced using huge wind turbines

CNBC


A major green hydrogen facility in Germany has started operations, with those behind the project hoping it will help to decarbonize the energy-intensive steel industry in the years ahead.

The “WindH2” project involves German steel giant SalzgitterE.ON

Source: CNBC

With Covid relief passed, Biden prepares to stake his presidency and Democratic majorities on infrastructure

CNBC


With President Joe Biden’s Covid-19 stimulus package just a signature away from becoming law, the White House now turns its attention to assembling and passing a once-in-a-generation infrastructure bill.

It’s not clear what the legislation will include. Yet the …

Source: Reuters

Chevron reinforces plan to deliver higher returns, lower carbon

Targets more than doubling return on capital employed by 2025 Expects free …

Source: Reuters

Schlumberger New Energy, Chevron, and Microsoft collaborate on carbon negative Bioenergy

Clean Energy Systems technology to remove the equivalent of CO 2 emissions from…

Source: Reuters

Oil industry lobby weighs support of carbon pricing: source

Reuters


WASHINGTON – The main U.S. oil industry lobby group, the American Petroleum Institute, is weighing endorsing a price on carbon emissions, a major shift after long resisting mandatory government climate policies, a source familiar with the decision-making said.

The …

Source: Reuters

Global LNG demand expected to almost double by 2040: Shell

Reuters


LONDON – Global liquefied natural gas (LNG) demand is expected to almost double to 700 million tonnes by 2040, Royal Dutch Shell said in its annual LNG market outlook.

Demand was 360 million tonnes last year, up slightly from …

February 25, 2021 - 10:00 am Carbon Capture, Closing Bell Story‎, Energy News, LNG
Source: Reuters

Chevron launches $300 million fund to focus on low-carbon technology

Reuters


Chevron Corp on Thursday said it had launched a $300 million fund focused on low-carbon technology, as traditional global oil and gas firms attempt to invest more in green energy and tackle climate change.

Major energy firms have set …

Source: Reuters

Chevron and BP back renewable start-up focused on geothermal energy

CNBC


Canada-based geothermal company Eavor Technologies on Tuesday announced a $40 million funding round that included participation from BP Ventures and Chevron Technology Ventures as big oil companies increase investments in renewable energy.

Geothermal power is renewable energy produced from …

Reuters

Tight supply and hydrogen hopes drive iridium up 160%

Reuters


LONDON – Iridium has become the latest precious metal to undergo a spectacular price rally, after supply shortages and expectations it will be used to produce hydrogen to power a greener economy lifted its value by 160% in two …

Source: Reuters

With oil past peak, Shell sharpens 2050 zero emissions goal

Reuters


LONDON – Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, raising its ambition from previous targets, as its oil output declines from a 2019 peak.

The Anglo-Dutch company is in the midst of its

Source: Reuters

Macquarie taps renewables trend with $2 billion infrastructure fund

Reuters


LONDON – Macquarie, the world’s largest infrastructure investor, has raised 1.6 billion euros ($1.93 billion) for its second global renewables fund, driven by strong demand from institutional investors in Britain and Germany.

Countries and companies are seeking to increase …

Source: Reuters

State oil firms risk wasting $400 billion as energy transition speeds up

Reuters


LONDON – National oil companies (NOCs) risk squandering $400 billion on expensive oil and gas projects over the next decade that may only break even if the world fails to meet the Paris climate goals, a non-governmental organisation said …

Source: Reuters

Big Oil CEO says going green ‘will have a cost for everybody’ — and governments need to explain that

CNBC


LONDON — The chief executive of French oil major Total called on governments to explain the cost of carbon neutrality pledges, urging policymakers to make the “affordability” of an energy transition clear to everybody.

His comments come at a

Source: Reuters

Shell targets power trading and hydrogen in climate drive

Reuters


LONDON – Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company …

Source: Bloomberg

Clean tech selling more stock than ever amid Biden climate push

msn.com


Publisher’s Note: EnerCom and Colorado School of Mines, present The Energy Venture Investment Summit on Wednesday, February 10th – Thursday, February 11th, 2021.  The featured presenters include companies within the air quality and methane monitoring, renewable
Marathon Oil announces executive compensation changes and GHG emissions intensity reduction initiatives

Marathon Oil announces executive compensation changes and GHG emissions intensity reduction initiatives

Oil and Gas 360


HOUSTON Jan. 27, 2021 /PRNewswire/ — Marathon Oil Corporation (NYSE: MRO) today announced an update regarding its environmental, social, and governance (ESG) performance, including significant changes to its executive compensation framework as well as new …

Source: Reuters

UK companies use EU to hedge carbon amid post-Brexit uncertainty

Reuters


LONDON/BRUSSELS – Some British companies are still buying permits from the EU carbon market as uncertainty over Britain’s planned domestic carbon market means they can’t yet use it to protect themselves against future price rises.

When utilities sell power …

Source: Reuters

EU sees carbon border levy as ‘matter of survival’ for industry

Reuters


BRUSSELS  – The European Union’s proposed carbon border charge is essential to the survival of its own industries and the bloc will impose the levy on non-EU competitors unless they commit to lowering their emissions, the bloc’s climate policy …

Source: Reuters

EU to shift funding away from gas, into low-carbon energy

Reuters


BRUSSELS – The European Commission on Tuesday proposed rules to restrict funding for natural gas projects and instead funnel cash into low-carbon technologies to meet climate goals.

The EU’s “TEN-E” rules define which cross-border energy projects are eligible to

Source: Reuters

Britain proposes domestic emissions trading scheme from Jan 1

Reuters


The British government said on Monday it will establish a domestic emissions trading scheme (UK ETS) from Jan. 1 to replace the current EU regime, as it presented its long-awaited white paper on energy policy.

Britain exits the EU …

Source: Reuters

Germany agrees amended energy law to boost renewables

Reuters


BERLIN – Germany’s ruling coalition has agreed changes to a new energy law that aims to boost renewable power and help the country meet its goal of producing 65% of its electricity from green sources by 2030, the environment …

Source: Reuters

Asset manager group aims for carbon neutral investments by 2050

Reuters


LONDON (Reuters) – A group of 30 asset managers with more than $9 trillion under management launched the Net Zero Asset Managers Initiative on Friday to help clients ensure their portfolios are carbon neutral by 2050.

The group, which …

December 11, 2020 - 1:30 pm Carbon Capture, Closing Bell Story‎, Energy News, Finance
Source: Reuters

EU carbon price rises to all-time high after EU climate deal

Reuters


LONDON – The price of benchmark European Union carbon permits rose to an all-time high above 31 euros a tonne on Friday, after EU leaders reached a deal on more ambitious emissions cuts this decade.

The contract rose to …

Source: Reuters

Who will spearhead Biden’s climate, energy and agriculture policies?

Reuters


WASHINGTON  – President-elect Joe Biden has vowed an overhaul of U.S. energy and environment policy to fight climate change, with a goal of bringing the economy to net-zero emissions by 2050.

While the plan has yet to be clearly …

Source: Reuters

Big carbon? Oil majors turn to nature to help plug revenue gap

Reuters


LONDON – Oil companies such as BP and Shell are nurturing nature as a future revenue stream, betting on an expected rise in carbon credit prices as their fossil fuel profits ebb.

BP last year put $5 million into …

December 8, 2020 - 11:30 am Carbon Capture, Closing Bell Story‎, Crude Oil News, Energy News