Merely an hour after EQT Corp. CEO Toby Rice releases his rebuttal to Sen. Elizabeth Warren’s accusations for “corporate greed” among the oil and gas industry, he took the stage at DUG East in Pittsburgh to talk about the letter for the first time with Hart Energy Editorial Director Len Vermillion. They also discussed why more LNG is needed to stem greenhouse-gas emissions, solve the energy crisis in Europe and Asia and more. They even talked natural gas and cryptocurrency.
Carbon capture may be the optimal solution for an oil and gas industry striving to meet the dual demands of higher energy production and elimination of the CO2 emissions that come with it.
The oil and gas industry will lead the energy transition through decarbonization and advanced technology innovations.
Royal Dutch Shell plans to build a large-scale CCS project near Edmonton, Alberta, joining a number of other companies proposing clean energy initiatives in Canada's main oil-producing province, the company said on July 13.