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ENERGY NEWS

ExxonMobil secures largest CO2 offshore storage site in the U.S.  

Exxon Mobil Corporation has executed the largest offshore carbon dioxide (CO2) storage lease in the U.S. with the Texas General Land Office (GLO). The over 271,000-acre site complements the onshore CO2 storage portfolio ExxonMobil is developing, and further solidifies the U.S. Gulf Coast as a carbon capture and storage (CCS) leader. “This is yet another sign READ MORE »

Microsoft helping Enbridge harness power of AI to scale up assets and slash emissions

Canadian pipeline and energy company Enbridge has teamed up with Microsoft to employ artificial intelligence (AI) to maximize safety, reduce greenhouse gas (GHG) emissions, and enhance assets across its operations. Building on what it says is a strong digital foundation, the Canadian player started implementing AI over five years ago and is now leveraging it READ MORE »

ECL Announces 1GW Hydrogen fuel powered off-grid Texas AI Factory data center

ECL, a data center-as-a-service pioneer, recently announced that it would be opening the first 1 gigawatt hydrogen fuel-powered off-grid AI Factory data center, a facility it intends to open in Texas near Houston. The company only recently unveiled the first ever off-grid, modular, sustainable, built-to-suit data centre in The first tenant at the new H2-powered sustainable READ MORE »

Utility Global Raises $53 Million of Ongoing Series C Financing 

Utility Global, the off-gas-to-value company pioneering its proprietary eXERO™ gas production technology optimized for hard-to-abate industries, has raised $53 million of an ongoing Series C financing led by the OPG Pension Plan and joined by multinational steel company, ArcelorMittal S.A. (NYSE: MT), via its XCarb® Innovation Fund, alongside current investors Ara Partners and Aramco Ventures. READ MORE »

UPCOMING CONFERENCES

Orphan & Idle Wells Texas
October 23-24, 2024
Emissions Tracking and Reporting Canada Conference
November 2024
Energy Supply Chain & Procurement Summit
December 4-5, 2024

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