Articles filed under Energy Transition

The world’s energy companies are becoming more pragmatic in their approach to reaching net-zero emissions and Baker Hughes Co.’s customers plan to boost their natural gas exposure in the coming years, CEO Lorenzo Simonelli said. 

With only weeks remaining until Mexico’s June 2 presidential election, members of the energy industry are weighing in on what the sector might look like during an administration led by Claudia Sheinbaum of the Morena coalition, who has a commanding lead in national polls.   

Creating credible, transparent emissions profiles to differentiate natural gas supply has come a long way from the “responsibly sourced” days, as decarbonization as a service, or DaaS, moves beyond a nice-to-have for operators to a must-have to gain customers, according to experts.

PJM Interconnection, the largest U.S. regional transmission organization (RTO), recorded all-time lows for various greenhouse gas emissions last year while natural gas-fired generation continued to grow as the Mid-Atlantic region’s primary power source. 

U.S. natural gas trade groups this week unveiled a study to demonstrate that American LNG is mostly better for the environment than competing fossil fuels in overseas markets as they continue to push back against the Biden administration’s pause on export project authorizations.

Equinor ASA is phasing out gas-fired generation in one of its most prolific natural gas production hubs in favor of electricity as it looks to increase both the sustainability and the lifespan of its North Sea operations.

Overhauling the permitting process to build out natural gas infrastructure with less legal wrangling may be unattainable during an election year, but it has to happen soon as industrial consumption is on the rise, according to a top executive.

Click here to listen to the latest episode of NGI’s Hub & Flow, in which NGI Senior LNG Editor Jacob Dick talks with energy and environmental policy expert Chris Treanor, executive director of the Partnership to Address Global Emissions.

In its second transaction in less than a week, SLB Ltd. agreed Tuesday to buy ChampionX Corp., considered a leader in oilfield reservoir optimization.

Natural gas and oil lease sales in the Gulf of Mexico (GOM) should continue, but there’s room for wind development, as well as carbon capture and sequestration (CCS), according to exploration and production (E&P) companies.