The Latest

Xodus Creates Offshore Renewables Engineering Arm

The new Evolv Energies entity will focus on concept technology, pre-FEED, FEED and detailed design stages of offshore renewable energy projects.

Equinor to Develop CCUS Transport System with French Company

Equinor and GRTgaz’s network will take captured industrial CO2 from France to an offshore storage site.

Energy Transition in Motion (Week of June 14, 2024)

Here is a look at some of this week’s renewable energy news, including a move by tech powerhouse Google to procure more geothermal energy.

SLB and Aker Carbon Capture Close $380MM Joint Venture

SLB and Aker Carbon Capture have closed a deal to combine technology portfolios for carbon capture solutions.

Howard: Power Generation Growth Dependent on NatGas Demand

Electricity demand needs reliable natural gas to function as coal capacity is retired and less reliable renewables take a greater share of the power supply stack.

BP’s Archaea Energy, Republic Services Startup Indiana RNG Facility

The Fort Wayne, Indiana RNG facility is designed to process 6,400 cf of landfill gas per minute into RNG, the companies say.

Oxy, Other E&Ps Look to Alternative Power Sources for Ops

Oil and gas companies Occidental Petroleum Corp. and Diamondback Energy Inc. are collaborating with fission and fusion power technology companies to power their operations.

Swift Solar, with Backing from Italy’s Eni, Raises Tech Financing

Swift Solar, with backing from Italy’s Eni and others, has raised a total of $44 million for work transforming the solar energy landscape with perovskite tandem solar projects.

BP-owned Archaea Energy CEO Starlee Sykes Talks RNG

BP became the largest producer of RNG in the U.S. when it acquired Archaea Energy in 2022. Sykes was named CEO in 2023.

Wars Complicate Energy Transition Despite US LNG Security Blanket

Analysts with Norway’s Equinor argue that increased levels of geopolitical conflict and outright wars “have made the energy transition more fragmented,” despite U.S. LNG creating an energy security blanket for Europe and elsewhere.