Baker Hughes will provide expertise and technology to help decarbonize hard-to-abate sectors through green hydrogen, green ammonia and geothermal.
The plans for the hydrogen plant is part of Exxon's $7 billion allocation for hydrogen, carbon capture and biofuels projects between 2022 and 2027.
As part of the Houston area Gulf Coast project, Exxon said it intends to capture and permanently store about 7 million metric tons of CO2 annually.
The companies’ joint proposal aims to meet New York’s goal furthering an offshore wind supply chain.
Stephanie Hertzog, CEO of energy and resources North America at Sodexo, believes that while the push for renewable energy will persist over the coming years, the need for fossil fuels will continue driving the shale industry.
The investigation into TotalEnergies was opened in December 2021, on a complaint filed in 2020, but was only confirmed on Jan. 26.
Here’s a look at some of this week’s renewable energy news, including a $3.6 billion gigafactory expansion and a massive partnership for solar panels in the U.S.
Dan Pickering, Chief Investment Officer of Pickering Energy Partners (PEP), discusses U.S. production and M&A after a “funky and weird” 2022 and sees the U.S. shale boom settling into a “shale business.”
Imperial Oil Ltd. is moving forward with a CA$720 million (US$560 million) investment in the renewable diesel facility at its Strathcona refinery near Edmonton, Alberta, to supply British Columbia and support the province’s plan to reduce greenhouse gas emissions.
NextEra Energy has raised financial growth and development expectations for its clean energy business unit, looking to take advantage of federal incentives.