Investment

Investment , Energy Transition , Technology

Baker Hughes Invests in Lower-Carbon Hydrogen Production Solution

Compared to the traditional steam methane reforming process used for producing industrial scale hydrogen, Ekona’s novel methane pyrolysis process can produce hydrogen with drastically lower carbon dioxide emissions.

November 9, 2021

Public Capital , Investment , Petrochemicals

Exxon Mobil Makes FID for Mega China Petrochemical Project

Separately, Exxon Mobil told Reuters in July that the firm was advancing project discussions with potential partners for an import terminal for LNG also in China’s Huizhou province.

November 9, 2021

Investment

Oil and Gas Securitizations: A New Financing Tool in the Upstream Toolbox

Securitizations are gaining favor in the oil and gas space because investors like the predictable cash flow of energy operations.

November 8, 2021

Investment , Crude Oil , Trade , International , Energy Transition , Shale Plays

COP26: Oil Price Soars Even as World Turns Against Fossil Fuels

When Joe Biden spoke during last year’s presidential election about leading the U.S. in a “transition from oil,” he hardly expected to be asking the world’s crude producers for more supply just 12 months later.

November 8, 2021

Investment , Energy Transition

UAE's Abu Dhabi Unveils New Projects to Contribute to Country's Climate Initiative

The planned projects are expected to help reduce CO2 emissions from power generation and water production in Abu Dhabi by at least 50% over 10 years, Abu Dhabi's Department of Energy said.

November 5, 2021

Investment , Energy Transition

Clean Energy Firm Helion Raises $500 Million in Sam Altman-led Funding

Venture capital firm Mithril Capital, co-founded by Ajay Royan and Peter Thiel, and Capricorn Investment Group also participated in the latest round.

November 5, 2021

Investment , Storage

Denbury Enters Partnership to Develop Texas Gulf Coast CO2 Sequestration Project

Located just 25 miles from Denbury’s existing CO2 Green Pipeline, the project site is ideally positioned to sequester large volumes of CO2 from Gulf Coast industrial emissions sources.

November 4, 2021

Investment

US, Canada among 20 Countries to Commit to Stop Financing Fossil Fuels Abroad

By covering all fossil fuels, including oil and gas, the deal goes further than a pledge made by G20 countries this year to halt overseas financing for just coal.

November 4, 2021

Investment , Emissions , Energy Transition , Shale Plays , Technology

Permian Basin Poised to Lead Low-carbon Transition, Occidental Exec Says

The Permian Basin is poised to become the leader in the world’s low-carbon transition and those already working in the basin will be the pioneers of that transition, Occidental Petroleum’s William Barrett told attendees of Hart Energy’s Carbon Management Forum.

November 4, 2021

Investment , Emissions , Energy Transition

World Needs $5 Trillion in Annual Climate Finance for Rapid Action

Findings from the recent study did note some bright spots in the drive to lower emissions, such as wider adoption of wind and solar energy, and more electric vehicles on the road.

October 29, 2021