The Latest

Electrigen, Hyliion to Partner on Methane Emissions Reduction Project

ElectriGen and Hyliion Holdings Corp.’s methane emissions reduction project has been awarded $6 million by the Department of Energy. Hyliion’s Karno generators can use wellhead gas to produce low-emission electricity.

E&P Highlights: Jan. 21, 2025

Here’s a roundup of the latest E&P headlines, with Flowserve getting a contract from ADNOC and a couple of offshore oil and gas discoveries.

US to Withdraw from Paris Climate Agreement, White House Says

The announcement, in a document from the White House, reflects President Trump’s skepticism about global warming, which he has called a hoax.

Industry Players Get Laser Focused on Emissions Reduction

Faced with progressively stringent requirements, companies are seeking methane monitoring technologies that make compliance easier.

Big Spenders: EPA Touts Billions in Clean Energy Spending

Nearly $69 billion in funding from the Inflation Reduction Act and Bipartisan Infrastructure Law has been dispersed by the Environmental Protection Agency in its clean energy push.

Pioneer to Adapt Emvolon’s Flare Gas-to-Methanol Tech

The Department of Energy awarded Pioneer Energy $6 million to demonstrate the technology at an oil and gas facility in the Eagle Ford Shale for 12 months.

Treasury’s New Hydrogen Tax Credit Regs Open Door to NatGas Producers

The U.S. Treasury Department’s long awaited 45V hydrogen tax credit will enable “pathways for hydrogen produced using both electricity and methane” as well as nuclear, the department said Jan. 3.

Belcher: Heed the Harsh Lessons from Europe’s Net-Zero Perils

The EU’s aggressive climate stance is wreaking economic havoc and mounting regulations could hurt the U.S. LNG industry.

New York to Fine Fossil Fuel Companies $75B Under New Climate Law

New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate. 

Permian Operators Cut Methane Emissions by 26% in 2023, S&P Global Says

S&P Global credits improved equipment and technology for helping with methane emissions reductions in the Permian Basin.