Energy Transition
News
April 24, 2025
Crbon Labs Inc. has completed the first plugging of an orphan gas well in Canada and is pleased to announce its collaboration with U.S. Venture, Inc. and its U.S. Energy® team who has acquired 100% of the corresponding High Fidelity Crbon™ credits from the project.
News
April 24, 2025
Eni has reached financial closure with the UK Government’s Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS project, where Eni is the operator of the CO2 transport and storage system (T&S) of the HyNet industrial Cluster.
News
April 23, 2025
HYCO1 and Malaysia LNG (MLNG) have signed a Memorandum of Understanding (MOU) to collaborate on the potential utilization and conversion of 1 Mmtpa of CO2. MLNG, a subsidiary of PETRONAS, is the CO2 supplier for the project.
News
April 23, 2025
Last Mile Production, LLC, an independent oil and gas operator in West Texas, has reported transformative results following the deployment of Enovate AI’s 3-Clicks Digital Strategy in collaboration with B4ECarbon™.
News
April 23, 2025
ExxonMobil has announced an agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 Mmtpa of CO2 from Calpine’s Baytown Energy Center near Houston.
News
April 21, 2025
China’s LNG imports from the U.S. dropped to zero in March, marking a major shift in global energy trade amid rising tariffs and trade tensions. The 70% quarterly drop signals a broader realignment in LNG flows.
News
April 18, 2025
Block Energy plc, the production and development company focused on Georgia, has reached a significant milestone in Phase 2 of its CCS project, with the key process-specific subsurface uncertainties, ahead of the pilot test, having been resolved.
News
April 18, 2025
bp Plc started liquefied natural gas shipments from the Greater Tortue Ahmeyim project off Senegal and Mauritania, bolstering global supplies following a halt to Russian gas transit via Ukraine. The $4.8 billion project is expected to produce about 2.4 million tons of LNG a year.
News
April 17, 2025
Woodside has signed LNG sale and purchase agreements with Uniper for the supply of 1.0 million tonnes per annum (Mtpa) from Louisiana LNG and up to 1.0 Mtpa from its global portfolio, demonstrating ongoing strong demand for LNG globally.
News
April 17, 2025
In accordance with a halt work order issued by the U.S. government, Empire Offshore Wind LLC (Empire) will safely halt the offshore construction in waters of the outer continental shelf for the Empire Wind project.
News
April 16, 2025
The National Ocean Industries Association has issued a statement after Secretary of the Interior Doug Burgum halted construction activities of the Empire Wind offshore wind project and ordered a review of both existing and pending offshore wind permits.
News
April 16, 2025
Venture Global has commenced commercial operations for its inaugural LNG export project, Calcasieu Pass. The project reached this milestone in just 68 months from the final investment decision, making it one of the fastest greenfield LNG projects completed.
News
April 07, 2025
Sulzer has launched its Sulzer Energy Optimization Service, an energy efficiency and carbon reduction service that will create a new best practice standard for the operation of centrifugal pumps across their lifecycle for energy intensive industries such as power generation, oil and gas, chemicals and water desalination.
News
April 15, 2025
TotalEnergies has signed a Sales and Purchase Agreement (SPA) with NextDecade to buy 1.5 million tons per annum (Mtpa) of liquefied natural gas (LNG) from the future Train 4 liquefaction unit at the Rio Grande LNG facility.
News
April 14, 2025
Öresundskraft and INEOS will jointly investigate the opportunity to store up to 210,000 tonnes of CO₂ annually from Sweden in Denmark. The captured CO₂ is planned for safe and permanent storage in Greensand storage facility located in the Danish North Sea.
News
April 11, 2025
Energy Transfer and MidOcean Energy have entered an agreement to jointly develop the Lake Charles LNG project in Louisiana. Under terms of the agreement, MidOcean would fund 30% of the construction costs and be entitled to receive 30% of the LNG production (approximately 5 MMtpa).
News
April 10, 2025
Perenco has completed the UK’s first CO2 injection test for Carbon Capture and Storage (CCS). The test involved the injection of CO2 into a depleted natural gas reservoir in the North Sea, marking a major milestone for Project Poseidon and decarbonization in the UK.
News
April 10, 2025
The equity investment into Kimmeridge's SoTex HoldCo marks Mubadala Energy's U.S. market entry and ambitious expansion strategy. Kimmeridge's highly scalable upstream gas and LNG business comprises currently producing upstream gas assets and a pre-FID LNG project.
News
April 07, 2025
Woodside has entered into a binding agreement with Stonepeak for the sale of a 40% interest in Louisiana LNG Infrastructure LLC. The transaction significantly reduces Woodside’s capex profile and is a step towards readiness for a final investment decision.
Article
March 2025
Turning flare gas into revenue makes sense. But manually evaluating the many “Gas to Value” (G2V) alternatives is complex and time-consuming. A model that combines rigorous techno-economic analysis with thermodynamic simulation can speed up the search for a site’s optimum G2V solution. With examples from two North American basins.
News
April 03, 2025
TIPRO has published a new report highlighting the continued success of oil and natural gas producers in the U.S., Permian basin and Texas in maintaining low emissions despite record oil and gas production levels. The report is part of TIPRO's "Texans for Natural Gas" campaign.
