CO2 Capture

Source: CNBC

Carbon capture is expected to play a pivotal role in the race to net zero emissions. But not everyone agrees

CNBC


LONDON — Carbon capture technology is often held up as a source of hope in reducing global greenhouse gas emissions, featuring prominently in countries’ climate plans as well as the net-zero strategies of some of the world’s largest oil …

Source: Reuters

Pandemic recovery to push emissions to all-time high – IEA

Nasdaq


LONDON – The global rebound from the COVID-19 pandemic is set to drive emissions of greenhouse gases that stoke climate change to all-time highs, the Paris-based International Energy Agency said in a report on Tuesday.

“We estimate that full

Source: Baker Hughes

Avitas delivers on new contract to provide continuous methane emissions monitoring for Roeslein Alternative Energy

Baker Hughes


HOUSTON – June 24, 2021 – Avitasa Baker Hughes business, has been awarded a contract from renewable energy operator Roeslein Alternative Energy (RAE) to provide continuous methane emissions monitoring at its 22 biogas lagoons in Missouri. …

Source: Reuters

Shell urged to drop appeal over landmark climate ruling

Reuters


LONDON – A Dutch activist group that won a legal battle against Royal Dutch Shell RDSa.L over its climate strategy has urged the company to ditch its appeal and hold joint talks on how to reduce its emissions, according …

Source: Reuters

Reuters Events-Duke Energy CEO sees hurdles for Biden’s decarbonization timeline

Nasdaq


U.S. President Joe Biden’s target to decarbonize the nation’s power industry by 2035 will only be achievable if clean energy technologies like advanced nuclear and carbon capture rapidly become commercially viable, according the chief executive of leading U.S. utility …

Source: Reuters

Russia says EU carbon border tax may impinge on global trade rules

Reuters


MOSCOW – Russian Deputy Prime Minister Alexander Novak said on Thursday that the European Union’s plans to impose carbon emission costs on imports of goods may clash with the global trade rules and threaten the safety of energy supplies.

Source: Reuters

Lundin sells ‘carbon neutral’ oil to South Korea’s GS Caltex

Offshore Engineer


Lundin Energy has sold an oil cargo certified as carbon neutral at the point of production to South Korean refiner GS Caltex in the first such sale of crude from Norway’s Johan Sverdrup field, the Swedish company said …

Source: Reuters

Shell to step up energy transition after landmark court ruling

Reuters


LONDON – Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely

Goodnight Midstream announces the execution of a 100 percent renewable energy contract with TXU Energy

Goodnight Midstream announces the execution of a 100 percent renewable energy contract with TXU Energy

Supports Goodnight Midstream’s Commitment to Significantly Reducing CO2 Emissions

TXU Energy to Supply Goodnight with Clean Renewable Energy

DALLASJune 3, 2021 /PRNewswire/ — As part of its ongoing efforts to reduce greenhouse gas emissions, Goodnight Midstream LLC (“Goodnight”), …

Source: Reuters

France’s Total to face climate plan pressure at investor meeting

Reuters


Several Total (TOTF.PA) shareholders plan to demonstrate their concern that the French firm is not doing enough to curb carbon emissions at its shareholder meeting on Friday, as global oil and gas companies come under growing environmental pressure.

The …

Source: CNBC

Dutch court rules oil giant Shell must cut carbon emissions by 45% by 2030 in landmark case

CNBC


LONDON — A Dutch court on Wednesday ruled oil giant Royal Dutch Shell must reduce its carbon emissions by 45% by 2030 from 2019 levels.

That’s a much higher reduction than the company’s current aim of lowering its emissions …

Source: Reuters

Global carbon pricing schemes raised $53 billion in 2020 – World Bank

Reuters


LONDON – Countries around the world raised $53 billion last year by charging firms for emitting carbon dioxide (CO2), up almost 18% from 2019 as some imposed new levies and prices in some existing schemes rose, the World Bank …

Source: catahoularesources.com

Battelle and Catahoula Resources forge partnership to accelerate carbon capture, utilization and storage

COLUMBUS, Ohio & HOUSTON–(BUSINESS WIRE)–Battelle and Catahoula Resources (“Catahoula”) will jointly develop solutions for the capture, transport and sequestration of carbon dioxide produced at ethanol facilities in Nebraska.

The agreement pairs the world’s largest private independent research …

Source: Reuters

BP’s lobbying for gas shows rifts over path to net-zero emissions

Reuters


LONDON/BRUSSELS – Oil major BP BP.L has lobbied for the EU to support natural gas, a move that exposes divergent views among investors and reflects a wider European dispute about the role of the fossil fuel in the transition …

Big Oil won’t become major investors in renewable technology even as investment soars, IEA analyst says

Big Oil won’t become major investors in renewable technology even as investment soars, IEA analyst says

CNBC


Oil companies will increase their investment in renewables over the coming years but won’t become major investors in the technology that underpins the sector, according to a lead author of the International Energy Agency’s Renewable Energy Market Update.

Speaking …

Source: Reuters

Column: Who will pay for the energy transition? Kemp

Reuters


LONDON – The transition from a fossil-fuel dominated energy system to one with zero emissions would require trillions of dollars of investment in new production, distribution and consumption equipment worldwide.

 

New investments could support millions of new jobs …

Source: Houston Chronicle

Exxon eyes Houston for $100B carbon capture hub

Houston Chronicle


Exxon Mobil said it believes Houston is the “perfect place” for a giant, $100 billion project to capture carbon dioxide emissions from the city’s industrial area along the Ship Channel.

The Irving oil major warned, however, that developing …

Source: Reuters

Analysts raise EU carbon price forecasts as tougher climate targets loom

Reuters


LONDON – Analysts have raised their European carbon market average price forecasts after prices hit record highs this month on expected toughening of EU climate targets and as cold weather drove up the cost of carbon permits.

EU Allowances …

Source: Reuters

Australia shies from backing net zero by 2050 ahead of Biden climate summit

Reuters


CANBERRA – Australian Prime Minister Scott Morrison stopped short of endorsing a 2050 target for net zero greenhouse gas emissions ahead of U.S. President Joe Biden’s climate summit this week.

In a speech on Monday, he said only that …

Dominion Energy advances hydrogen as next frontier of clean energy

Dominion Energy advances hydrogen as next frontier of clean energy

Dominion Energy advances hydrogen as next frontier of clean energy – New clean …

Source: CNBC

Shell says electric vehicles will be crucial in its efforts to lower carbon emissions

CNBC


Electric vehicles will play a critical role in Royal Dutch Shell’s efforts to cut emissions, according to a senior executive at the oil giant.

“If you look at the decarbonization opportunities of this mobility sector, EV plays a …

Source: Reuters

Clean crude? Oil firms use offsets to claim green barrels

Reuters


In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.

While the two-million-barrel cargo to India was destined to produce more than

Source: Reuters

Europe could operate 40,000 km of hydrogen pipelines by 2040: operators

Reuters


FRANKFURT – Europe could devote 40,000 km (24,800 miles) of natural gas pipelines to hydrogen by 2040 once production and imports of the alternative fuel take off, transmission systems operators (TSOs) said on Tuesday.

The hypothetical European hydrogen backbone

Source: Reuters

Column: Ensuring the energy transition is equitable

Reuters


LONDON  – Phasing out consumption of fossil fuels in favour of zero-emission sources of energy will cause major social and economic disruption, creating a large number of losers as well as winners.

Policymakers have begun to focus on the …

Source: gunvorgroup.com

Energy trader Gunvor to cut emissions by 40%, sets up renewables arm

Reuters


LONDON  – Energy trader Gunvor Group aims to cut its Scope 1 and 2 emissions by 40% in absolute terms by 2025, the company said on Tuesday, and has set up a new subsidiary to invest in non-hydrocarbon projects.…

Haynes and Boone, EnerCom release inaugural report on ESG movement’s impact on Oil and Gas sector

Haynes and Boone, EnerCom release inaugural report on ESG movement’s impact on Oil and Gas sector

Oil and Gas 360


Haynes and Boone, LLP and EnerCom, Inc. have launched a new research report that tracks how oil and gas companies are responding to growing pressure to support and communicate environmental, social and governance (ESG) policies and …

Haynes and Boone, EnerCom release inaugural report on ESG movement’s impact on Oil and Gas sector

Haynes and Boone, EnerCom release inaugural report on ESG movement’s impact on Oil and Gas sector

Oil and Gas 360


Haynes and Boone, LLP and EnerCom, Inc. have launched a new research report that tracks how oil and gas companies are responding to growing pressure to support and communicate environmental, social and governance (ESG) policies and …

Source: Reuters

BP plans to build Britain’s largest hydrogen plant

Reuters


LONDON – Energy group BP aims to build Britain’s largest hydrogen plant by 2030, it said on Thursday, as part of the country’s push to boost use of the fuel and cut greenhouse gas emissions.

The Teesside plant in …

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…