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 »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, 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, 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 »Ara Partners, a global private equity and infrastructure firm that is decarbonizing the industrial economy, today announced the launch of a new strategy, Ara Energy Decarbonization, to decarbonize conventional energy assets across North America. Ara Energy Decarbonization is being launched in partnership with the Haslam family through its family office, HF Capital. The Haslam family,
READ MORE »TotalEnergies has started commercial operations of Danish Fields and Cottonwood, two utility-scale solar farms with integrated battery storage located in southeast Texas. These new projects, with a combined capacity of 1.2 GW, are part of a portfolio of renewable assets totaling 4 GW in operation or under construction in Texas. Danish Fields is TotalEnergies’ largest solar
READ MORE »Octopus Energy’s generation division said on Friday it will invest in U.S. solar developer Circal to create 600 megawatts (MW) of new solar farms, as the UK-based company expands further in the U.S. renewables sector. Three months ago, Octopus Energy made its first investment in the U.S. market with the acquisition of solar farms in
READ MORE »Jackson Walker partner John B. Holden, Jr. will be presenting at the 2nd Annual Orphan and Idle Wells Texas Conference on October 23-24, 2024, at the DoubleTree by Hilton Hotel Houston. John’s presentation, titled “Orphan Well Liability and Obligations, Navigating Choppy Legal Seas,” explores the complexities of liability for abandoned wells, including contractual obligations and emerging trends. Key
READ MORE »The global oil and gas industry is now refocusing on fossil fuels and away from the energy transition as heightened energy concerns amid the Ukraine war place more emphasis on security, according to a new GlobalData report. As such, many companies have scaled back their focus on technologies and investments that would help them decarbonise
READ MORE »Ammper Power , an international energy company, entered into a Power Purchase Agreement (PPA) securing 50 megawatts (MWac) of solar energy from a project expected to reach Commercial Operation in Q4 2025. Ammper intends to supply commercial and industrial customers, and governmental organizations across the Lone Star State with this energy. This agreement marks a significant step forward
READ MORE »Mitsubishi Corporation and Exxon Mobil Corporation have signed a Project Framework Agreement for Mitsubishi Corporation’s participation in ExxonMobil’s facility in Baytown, Texas which is expected to produce virtually carbon-free hydrogen with approximately 98% of carbon dioxide (CO2) removed and low-carbon ammonia. Under the terms of the agreement, the companies will advance discussions regarding Mitsubishi Corporation’s
READ MORE »Kimray and Kathairos, have announced a strategic partnership aimed at providing scalable zero-emissions solutions to oil and gas operators. Together, Kimray and Kathairos are powering two critical processes of our time – energy production and energy decarbonization. Their collaboration provides the energy industry with a path to meeting both voluntary and mandatory emissions targets. A Singular Solution for
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