“Direct air capture shouldn’t be compared to point source carbon capture, what it should be compared to is [SAF],” the CEO said. SAF has more emissions than Oxy’s net zero oil, she continued.
The Texas oil and natural gas industry paid a record $24.7 billion in taxes and royalties last year, far exceeding the previous annual high of $16 billion set in 2019, according to the Texas Oil and Gas Association.
The project is QE’s “largest investment ever in Qatar’s petrochemicals sector and the first direct investment in 12 years”, Al-Kaabi said.
Sempra Infrastructure and ConocoPhillips have struck a 5 million tonne per year LNG supply contract, from the planned Port Arthur project in Texas.
Aberdeen-headquartered Wood (LON: WG) has settled a legacy lawsuit against one of its subsidiaries in a $115m payout.
QatarEnergy (QE) has signed up to buy 70% of the production from its Golden Pass LNG export project, which it is developing with ExxonMobil in Texas.
Texas residents and businesses, including the biggest names in oil, autos and technology, are being asked to conserve electricity Monday afternoon during a heat wave that’s expected to push the state’s grid near its breaking point.
Incredible footage appears to have captured what happens when a wind turbine meets a tornado.
Ask an oil company what the problem with the industry is these days and high up on the list will be complaints about a shortage of financing. People point the finger of blame at a variety of related factors such as a new craze for ESG, environmentalists, the government and the left.
Engie has signed a 15-year sale and purchase agreement for buy US LNG, reversing France’s implicit ban on shale gas supplies.
An Aberdeenshire-born entrepreneur has announced a multimillion-dollar expansion of his flourishing Houston co-working industrial property business during a landmark transatlantic business event.
Energy Vault (NYSE:NRGV) has gone public with a listing on the New York Stock Exchange (NYSE), raising $235 million gross.
Emissions free electricity, generated using natural gas, has been exported onto the grid for the “first time anywhere in the world”.
Storegga, the company behind the Acorn carbon capture and storage (CCS) project in Aberdeenshire, will apply its technology for a new scheme in Texas.
A refinery on the Texas Gulf Coast shut part of a key process unit due to a lack of oxygen supply amid a resurgence of the coronavirus pandemic, with authorities citing increased medical demand for the gas.
Footage has been captured of a freight train crashing into an 18-wheeler truck carrying a wind turbine blade in Texas.
Energy Capital & Power (ECP) has pushed back its US-Africa Energy Forum to December 9-10.
Danish renewables company Ørsted has entered into a power purchase agreement with technology giant Microsoft.
Danish renewables giant Ørsted has completed its largest onshore wind farm to date on a ranch owned by Arsenal's largest shareholder.
Tiny oil company Torchlight Energy Resources saw its shares more than double in a week after it became the latest stock touted on Reddit as a possible short squeeze.
Trafigura and Braskem have teamed up to deliver the world’s first cargo of carbon-offset naphtha.
For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houston’s fossil-fuel industry seems finally ready to move on.
Exxon Mobil Corp. proposed a giant, $100 billion hub to capture carbon dioxide emissions along the U.S. Gulf Coast in Texas but warned that government funding would be required to pay for and develop it.
The Argos platform for the BP-operated $9 billion Mad Dog 2 project has arrived in the US after completing its 16,000-mile journey from South Korea.
Exxon Mobil Corp. expects first-quarter earnings to be reduced by as much as $800 million due to the deep freeze that plunged Texas into darkness last month.