It’s big. It’s complicated – and everyone is talking about it.
The drive to reduce emissions and move to a lower-carbon world is pushing the boundaries of companies involved in sustainably producing affordable energy to meet global needs. Unstopped by the COVID-19 pandemic, which slowed oil activity but strengthened the roles of digitalization and automation in energy, many industry players are pushing forward on long-term plans despite the uncertainty brought by daily swings in oil and gas prices.
From investor calls to annual reports, ESG is the talk of the town for both operators and service companies facing immense pressure to lower the carbon footprint of their operations, and clearly, fracking is no exception. Upstream companies are increasingly focusing on adopting an ESG-conscious approach to fracking operations amid constant scrutiny of the impact of hydraulic fracturing on the environment and climate change.
The focus on sustainable production has intensified the need to invest in cleaner technologies as companies continue designing and implementing new solutions to minimize the carbon footprint of the fracturing business.
The Premier Energy Transition Conference for Oil & Gas Leaders
The energy future needs money – and business leaders who understand how to monetize the energy value chain.
The curated program at Oil and Gas Investor’s Energy Transition Capital Conference will provide an unparalleled and comprehensive view of the new multi-trillion-dollar low carbon market, filtered through the experienced lens of some of the industry’s biggest influencers and innovators.
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The impressive speaker roster for this year’s inaugural event includes a list of newsworthy companies and executives, including:
Quantum Energy Partners
- Driven by natural gas customer demand and broader ESG trends, Project Canary is working with nearly 100 partners across the energy sector, including investors, oil and gas producers, pipeline operators, utilities and LNG providers.
- In addition to the hiring of Keila Hand, Quantum Energy Partners also unveiled several other recent enhancements to its ESG initiatives.
Rice Acquisition Corporation
- Rice Acquisition, led by former EQT Corp. director Daniel Rice, raised about $215 million in its IPO in October last year.
- Rice Acquisition Corp. II, the latest Daniel Rice-led SPAC, recently filed for an IPO to raise $300 million targeting a transaction in the “broadly defined energy transition or sustainability arena.”
- Denbury’s Carbon Solutions business executed a term sheet with Mitsubishi on Sept. 21 for the transport and storage of CO₂ captured from Mitsubishi’s proposed ammonia project on the U.S. Gulf Coast.
- 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.
- Talos Energy executed completion operations for the Tornado Attic well in the U.S. Gulf of Mexico’s Green Canyon area and achieved first production in mid-July.
- Talos Energy, one of the U.S. Gulf of Mexico’s largest public independent producers, established plans for a 30% further reduction of its GHG emissions intensity by 2025 from the baseline levels established in 2020.
NGP Energy Capital
- Industry veterans David Colt and Maritza Liaw join NGP as partners, focusing exclusively on energy transition investing through NGP ETP, the Dallas-based private equity firm’s energy transition platform.
Also set to take the stage at this year’s event are NOVUS Energy Advisors, Enverus, IHS Markit, Switchback II Corporation, EnCap Investments, Raymond James and Evolve Collective.