Public Capital , Emissions , Energy Transition , Transactions

Shell to Acquire US-based Renewable Energy Residential Retailer

The acquisition of Inspire Energy, a renewable energy residential retailer with joint headquarters in Santa Monica and Philadelphia, advances Shell’s strategy to build and scale renewable and low-carbon businesses, the European supermajor said.

July 27, 2021

Public Capital , Emissions , Energy Transition

Cenovus Energy Signs Solar Offtake Deal in Net-zero Push

Cenovus signed a 15-year power purchase agreement for the full output of a solar facility in southern Alberta, providing the offtake contract necessary for the construction of the project and ultimately helping Cenovus mitigate its scope 2 emissions.

July 26, 2021

Public Capital , Emissions , Energy Transition , Shale Plays , Trends

What’s Driving Some to Consider a Permian Basin Exit

Analysts share insight on the oil and gas industry’s response to climate concerns and the future of fracking that has led some, like Shell, to consider withdrawing from the Permian Basin plus what opportunities remain for those choosing to stay.

July 26, 2021

Public Capital , Emissions , Shale Plays

Shale Gas Producer CNX Resources Achieves Net Carbon Negative Status

CNX Resources reported it is net carbon negative for Scope 1 and 2 emissions—unique in the natural gas upstream and midstream sectors, according to the shale gas producer.

July 22, 2021

Emissions , Completions , Logistics

Opinion: Industry Increases Its Focus on Abandonment of Old Wells

Unlike fine wine, inactive oil and gas wells don’t get better with age.

July 22, 2021

Public Capital , Emissions , Energy Transition , Shale Plays

Hess Sets ‘Aggressive’ Emission Reduction Targets as ESG Performance Soars

Hess was recognized as the No. 1 energy company on the 100 Best Corporate Citizens list for its outstanding ESG transparency and performance this past year, the global independent oil and gas company said.

July 21, 2021

Emissions , Shale Plays , Water Management , Midstream

NGL Energy Partners Completes Initial Delaware Basin Wastewater Recycling Project

The initial project, which began in late May, supported a NGL customers’ highly efficient simultaneous fracturing, or simul-frac, completion activities in New Mexico’s Lea County within the northern Delaware Basin.

July 21, 2021

Crude Oil , Emissions , Energy Transition

Climate Policies Unlikely to Disrupt Oil Demand Growth, Study Shows

High levels of government intervention in climate policy will likely not slow down oil demand over the next decade, new study says.

July 21, 2021

Exploration & Production , Emissions , Water Management

Soil and Water Do Mix in 21st Century Oil Industry

John Robitaille, CEO of Encore Green Environmental, explains how partnering with agriculture to economically treat produced water could improve the carbon footprint of oil and gas producers.

July 20, 2021

Public Capital , Emissions , Energy Transition

Shell Confirms Plan to Appeal Landmark Climate Ruling

While the company agrees that urgent action is needed to combat climate change, Shell CEO Ben van Beurden said a court judgment against a single company is not effective.

July 20, 2021