Business , Liquefied Natural Gas (LNG) , Emissions , Shale Plays

US Shale Gas Could Become ‘Biggest Green Initiative on Planet,’ EQT CEO Says

Ramping up U.S. LNG exports can lead to a significant decrease in global methane emissions, according to President and CEO Toby Rice.

December 8, 2021

Business , Emissions , Technology , Midstream

Midstream Business: The New Dawn of Carbon Capture

Although carbon capture, transport, use and storage is dominated by oil and gas producers now, it represents a significant growth area for the midstream sector.

December 7, 2021

Natural Gas , Legislation , Emissions

EQT CEO Says Concern Over LNG Misguided, Calls for a Ramped US LNG Program

In response to a letter from Senator Warren, shale gas giant EQT outlined emissions reduction potential of an accelerated replacement of foreign coal usage with natural gas for baseload power.

December 7, 2021

Public Capital , Emissions , ESG , Shale Plays

Exxon Mobil Sets Net-zero Goal for Permian Basin Operations by 2030

Exxon Mobil also said it plans to eliminate routine flaring in Permian Basin operations by the end of 2022.

December 6, 2021

People , Emissions , Energy Transition

Wood Mackenzie Taps UN’s Elena Belletti to Lead Carbon Research

Elena Belletti joins Wood Mackenzie from the UN to lead the firm’s growing carbon team as head of carbon research, a newly expanded role within WoodMac’s energy transition practice.

December 6, 2021

Exploration & Production , Emissions , Energy Transition

UK North Sea’s Oil and Gas Future Darkens after Shell’s Cambo Exit

Shell’s decision sends a negative signal to other companies, investors and bankers who are thinking about putting money into the aging basin, including by buying assets from majors, industry sources told Reuters.

December 5, 2021

International , Emissions , Energy Transition

China Releases Green Development Plan Tied to Carbon-neutral Goal

China, the world’s top greenhouse-gas emitter, is aiming to bring its carbon emissions to a peak by 2030 and become “carbon-neutral” by 2060.

December 3, 2021

Methane , Emissions , ESG , Acquisitions & Divestitures

Report: Methane Emission Reductions in Oil and Gas Largley from Divestments

Even though emission intensity in U.S. is below the global average, much room for improvement remains, according to a new report by GlobalData.

December 2, 2021

Public Capital , Emissions , Shale Plays

Chevron to Increase Spending on New Oil and Gas Projects by 20%

Chevron will spend $3 billion next year at U.S. Permian Basin operations out of the approximately $8 billion allocated to oil and gas producing assets.

December 1, 2021

Emissions , Energy Transition , Lease Sales

Latest Gulf of Mexico Lease Sale a Land Grab for Carbon Capture?

Pore space land grab? RED President Steve Hendrickson weighs in on recent speculation that the latest federal lease sale in the U.S. Gulf of Mexico was a land grab tied to the burgeoning carbon capture industry.

November 30, 2021