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.

April 28, 2021

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.”

April 23, 2021

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.

April 21, 2021

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.

April 20, 2021

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.

April 19, 2021

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.

April 19, 2021

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.

April 15, 2021

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.

April 15, 2021

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.

April 14, 2021

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.

April 12, 2021