Investment
Investment , Policy & Regulations , Energy Transition
PATH FORWARD: Bobby Tudor Applauds Exxon Mobil’s Proposed Carbon Capture Project for Houston
The rapid scaling of carbon capture and storage technology and infrastructure is critical for the energy transition, said Bobby Tudor, chair of the Greater Houston Partnership’s energy transition initiative.
Investment , Emissions , Energy Transition , Technology
Elon Musk Offers $100 Million in Prize Money for Carbon Removal Technology Contest
Elon Musk first announced his intention in January to offer $100 million in prizes for a carbon removal technology contest in what organizers called the “largest incentive prize in history.”
Investment , Energy Transition , Acquisitions & Divestitures
Vitol Acquires First Large US Wind Asset from BlackRock
The acquisition of Big Sky Wind from a fund managed by BlackRock will be Vitol’s first large U.S. wind generating asset and adds to its growing renewables portfolio, in the U.S. and globally.
Public Capital , Investment , Emissions , Energy Transition
Exxon Mobil Floats $100 Billion Carbon Storage Project Near Houston
The plan would require "$100 billion or more" from companies and government agencies to store 50 million metric tons of CO₂ by 2030, says Joe Blommaert, president of Exxon Mobil’s Low Carbon Solutions business.
Influential Women , Investment
Women in Energy: Sylvia K. Barnes, Tanda Resources
Today’s featured 25 Influential Women in Energy honoree is Sylvia K. Barnes, principal at Tanda Resources LLC based in Houston.
Investment , Digital Oilfield , Logistics
ChampionX Invests in Quantum Sensor Startup QLM Technology
ChampionX Corp. has completed its investment in quantum sensor startup QLM Technology Ltd. on April 19. QLM Technology has developed a revolutionary quantum gas camera with a unique ability to detect, visualize and quantify emissions of methane, helping organizations to achieve net zero through mitigation of emission sources.
Investment , Exploration & Production , Legislation
Joe Biden’s Clean-up Plan for Orphaned Oil Wells Slammed
Critics accuse the $16 billion provision in Biden’s proposed infrastructure package to plug abandoned oil wells across the U.S. of being a bailout for the oil and gas industry.
Influential Women , Investment
Women in Energy: Sheila O. Al-Rowaily, Wisayah Global Investment
Today’s featured 25 Influential Women in Energy honoree is Sheila O. Al-Rowaily, CEO of Wisayah Global Investment Co. & Investment Management Co., an Aramco subsidiary, based in Saudi Arabia.
Investment , Energy Transition , Technology
First Venture Capital Fund Dedicated to Energy Transition in Texas Launches
Launched by cleantech investors and startup executives, Energy Transition Ventures is set to invest in early stage companies driving or benefitting from the energy transition across distributed energy, electrification, mobility and resource efficiency.
Investment , Health, Safety & Environment , Emissions
New York Pension Fund Divests over $7 Million from Canadian Oil Sands Producers
New York State, which has the third-largest pension fund in the U.S. with an estimated valuation of about $248 billion, will continue to invest in oil sands producer Suncor Energy.