Decarbonization
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OMV has joined the Oil & Gas Methane Partnership (OGMP 2.0) of the United Nations Environment Programme (UNEP). It is the only comprehensive and most credible reporting framework for the oil and gas industry that improves the accuracy and transparency of methane emissions reporting. Across the entire oil and gas value chain, particularly in exploration
READ MORE »Here’s an interesting challenge for you… Think of any energy company, small or large, national or international, publicly or privately owned. Take a look at its website. Then see where the subject of sustainability ranks on its homepage. The results are incontrovertible. Universally, the subject of sustainability is highlighted. Many lead with a net zero
READ MORE »ION Clean Energy has announced it has raised $45 million from Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., who is leading the round, and Carbon Direct Capital. ION is a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system. The capital raised will continue to
READ MORE »Schneider Electric and Mainspring Energy are partnering to offer a new hybrid-energy technology that combines Schneider Electric’s EcoStruxure Microgrid Solution and turn-key design-build services with Mainspring’s groundbreaking Linear Generator. The combination provides power and fuel-flexibility as well as energy resiliency for commercial and industrial customers. As the energy sector seeks to decarbonize operations and protect power resilience amidst increasing
READ MORE »SLB today announced an agreement to combine its carbon capture business with Aker Carbon Capture (ACC) to support accelerated industrial decarbonization at scale. Bringing together complementary technology portfolios, leading process design expertise and an established project delivery platform, the combination will leverage ACC’s commercial carbon capture product offering and SLB’s new technology developments and industrialization
READ MORE »bp will celebrate the opening of its new electric-vehicle charging site at its bp America headquarters in Houston, Texas, expanding its network of EV chargers in the US. The new bp pulse station is the first bp pulse branded Gigahub™ in the US and will be open to the public on April 2. Emma Delaney,
READ MORE »(HOUSTON) – The Greater Houston Partnership, through its Houston Energy Transition Initiative (HETI), and Argonne National Laboratory have signed a Memorandum of Understanding (MOU) to leverage Houston’s top research institutions, energy and industrial leadership, infrastructure, and technical expertise to catalyze the development of commercial-scale solutions for the energy transition. This partnership aims to enable greater
READ MORE »Talos Energy has entered into an agreement for the sale of its wholly owned subsidiary, Talos Low Carbon Solutions LLC to TotalEnergies E&P USAfor a purchase price of $125 million plus customary reimbursements, adjustments and retention of cash, combined totaling approximately $148 million. The transaction was based on an effective date of January 1, 2024
READ MORE »Bloom Energy Inc. is teaming up with Shell Plc. (Shell) to study decarbonization solutions, utilizing Bloom’s proprietary hydrogen electrolyzer technology. Bloom and Shell will collaborate with the goal of developing replicable, large-scale, solid oxide electrolyzer (SOEC) systems that would produce hydrogen for potential use at Shell assets. “This technology could represent a potentially transformative moment
READ MORE »Despite the industry’s decarbonisation efforts, higher production volumes will push total value chain emissions to pre-pandemic levels by 2028 Scope 1 and 2 upstream emissions intensity has declined 12% since 2017, however, absolute emissions could plateau due to production growth, according to a new report from Wood Mackenzie. According to the report “Is upstream oil &
READ MORE »Viaro Energy Limited (Viaro), a London-based independent upstream energy company, and newcleo Ltd (newcleo), the clean and safe nuclear technology company developing innovative Generation IV reactors using nuclear waste as fuel, are pleased to announce a strategic partnership centred around the decarbonisation of the oil and gas sector through the deployment of cutting-edge low-carbon nuclear
READ MORE »The military base in Edmonton is getting millions of dollars in federal funding to upgrade its energy infrastructure. National Defence Minister Bill Blair and Randy Boissonnault, a cabinet minister who represents the Edmonton-Centre riding, announced $45.3 million for energy retrofits at Canadian Forces Base Edmonton. The Defence Department said in a news release that the
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