Articles tagged Ccus

Denver-based BKV Corp., the largest natural gas producer in the Barnett Shale, on Monday launched a bid to take the company public.

Baker Hughes Co. in only a few years has navigated a brief merger with General Electric, an energy-demand-crushing pandemic and an exit from Russia, but it continues to deliver solid results. The secret, said CEO Lorenzo Simonelli, is the oilfield service company’s “differentiated” technology strategy.

The world’s energy companies are becoming more pragmatic in their approach to reaching net-zero emissions and Baker Hughes Co.’s customers plan to boost their natural gas exposure in the coming years, CEO Lorenzo Simonelli said. 

TotalEnergies SE CEO Patrick Pouyanné said the firm is leaning on its already outsized role as a leader in U.S. LNG to expand its supply chain positions and grow its hub of natural gas projects centered in Texas.

New investments in onshore unconventional oil and gas projects may still be needed even if human-induced global warming is kept to 1.5 degrees C or less, but overall production would need to fall dramatically, the International Energy Agency (IEA) said Tuesday. 

A partnership led by Spain’s Repsol SA has clinched a contract with Texas officials to store carbon emissions offshore Corpus Christi in an area that covers more than 140,000 gross acres of pore space.

Several carbon capture and storage (CCS) projects are in the works across North America, and researchers may have found a novel way to make them more energy efficient.

Sempra Infrastructure has joined a partnership of Japanese gas utilities and major industrial groups studying the potential of using Gulf Coast LNG terminals to create an export hub for low-carbon, natural gas-backed fuels.

Houston-based Fidelis New Energy LLC plans to build a carbon-neutral hydrogen facility in West Virginia using a combination of natural gas and renewable energy, in addition to carbon capture, utilization and storage (CCUS).

Using the Biden administration’s landmark climate legislation, Mitsubishi Power Americas Inc. is working with Warwick Carbon Solutions Development Co. LP (WCS) to leverage its zero-carbon ambitions in the United States.