The Latest
Public Capital
Equinor Raises Dividend as First-quarter Profit Tops Forecast
Equinor reported detailed earnings for the first time from its renewables division, which benefited strongly from the company’s sale of stakes in wind farms off the coasts of Britain and the U.S.
Business
Want to Monetize Your Energy Transition Efforts? Here’s How
Experts discuss how emissions factor into profitability in the era of energy transition and the need for standardization in how to measure them.
Legislation
Biden’s First 100 Days of Oil and Gas Action: He’s Just Getting Started
Baker Botts attorneys scrutinize the president’s agenda and its centrality of energy regulation.
Liquefied Natural Gas (LNG)
Natural Gas Prospects Lose Steam as Renewables Gather Pace
A drop in green energy costs and tougher emissions targets take shine away from the natural gas industry’s ‘cleaner than coal’ pitch.
Investment
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.
Energy Transition
Piñon Midstream Launches Sour Gas, Carbon Capture Plant in Permian
Dark Horse facility in New Mexico will have a capacity of 400 MMcf/d.
Business
Executive Q&A: Oceaneering CEO Rod Larson on Offshore Taking the Lead
Roderick Larson, president and CEO of Oceaneering, recently spoke with Hart Energy in an exclusive interview on the outlook of the offshore oil and gas industry and the growing shift to producing the “cleanest, safest barrels.”
People
Denbury Appoints Nik Wood to Lead Carbon Solutions Unit
Nikulas Wood has been promoted to head Denbury Carbon Solutions, which the Plano, Texas-based independent energy company formed in January 2020 in anticipation of high-growth from its carbon capture business.
Exploration & Production
Energy Firm Claims Sale of World’s First ‘Carbon Neutral’ Oil
The announcement is part of an emerging trend among oil and gas companies looking to differentiate their products as cleaner in response to increasing pressure demanding action on climate change.
Exploration & Production
California Governor Seeks to End Oil Drilling in State by 2045
California Governor Gavin Newsom also directed the California state oil and gas regulator to initiate a process that will halt the issuance of hydraulic fracturing permits by 2024.