Houston would welcome Shell and BP, says ex US energy sec
“I’m inviting all European oil and gas companies to relocate to America."
texas
UK signs trade pact with Texas in effort to boost green industry
The UK has signed a new trade pact with Texas, the second-largest state in the US, in an effort to boost cooperation in green energy, aerospace and advanced technologies.
DAC oil competes with SAF, claims Hollub
“Direct air capture shouldn’t be compared to point source carbon capture, what it should be compared to is [SAF],” the CEO said. SAF has more emissions than Oxy’s net zero oil, she continued.
Texas oil industry paid record $24.7 billion in taxes last year
The Texas oil and natural gas industry paid a record $24.7 billion in taxes and royalties last year, far exceeding the previous annual high of $16 billion set in 2019, according to the Texas Oil and Gas Association.
Qatar greenlights $6bn petrochemical plan
The project is QE’s “largest investment ever in Qatar’s petrochemicals sector and the first direct investment in 12 years”, Al-Kaabi said.
Conoco sweeps in to Sempra’s Port Arthur, replacing Aramco
Sempra Infrastructure and ConocoPhillips have struck a 5 million tonne per year LNG supply contract, from the planned Port Arthur project in Texas.
Wood settles Amec Foster Wheeler lawsuit for $115m
Aberdeen-headquartered Wood (LON: WG) has settled a legacy lawsuit against one of its subsidiaries in a $115m payout.
QE Trading signs up for lion’s share of Golden Pass LNG
QatarEnergy (QE) has signed up to buy 70% of the production from its Golden Pass LNG export project, which it is developing with ExxonMobil in Texas.
Texans asked to conserve electricity as grid nears the brink
Texas residents and businesses, including the biggest names in oil, autos and technology, are being asked to conserve electricity Monday afternoon during a heat wave that’s expected to push the state’s grid near its breaking point.
Tornado vs Wind Turbine: Video captures dramatic storm
Incredible footage appears to have captured what happens when a wind turbine meets a tornado.
US states take aim at “woke” financing
Ask an oil company what the problem with the industry is these days and high up on the list will be complaints about a shortage of financing. People point the finger of blame at a variety of related factors such as a new craze for ESG, environmentalists, the government and the left.
French ban on US LNG reverses with Engie deal
Engie has signed a 15-year sale and purchase agreement for buy US LNG, reversing France’s implicit ban on shale gas supplies.
Multimillion dollar announcement as Aberdeen-Houston partnership celebrates milestone
An Aberdeenshire-born entrepreneur has announced a multimillion-dollar expansion of his flourishing Houston co-working industrial property business during a landmark transatlantic business event.
Energy Vault goes for the big lift to tackle energy storage challenge
Energy Vault (NYSE:NRGV) has gone public with a listing on the New York Stock Exchange (NYSE), raising $235 million gross.
World first as emissions free electricity, generated using natural gas, is fed into the grid
Emissions free electricity, generated using natural gas, has been exported onto the grid for the “first time anywhere in the world”.
Everything’s bigger in Texas: Acorn CCS firm Storegga bringing carbon capture to Gulf of Mexico
Storegga, the company behind the Acorn carbon capture and storage (CCS) project in Aberdeenshire, will apply its technology for a new scheme in Texas.
Oxygen shortage forces Texas refinery to shut part of key unit
A refinery on the Texas Gulf Coast shut part of a key process unit due to a lack of oxygen supply amid a resurgence of the coronavirus pandemic, with authorities citing increased medical demand for the gas.
Video: Freight train crashes into truck carrying wind turbine blade in Texas
Footage has been captured of a freight train crashing into an 18-wheeler truck carrying a wind turbine blade in Texas.
US-Africa Energy Forum pushed back two months
Energy Capital & Power (ECP) has pushed back its US-Africa Energy Forum to December 9-10.
Ørsted and Microsoft enter into power purchase agreement
Danish renewables company Ørsted has entered into a power purchase agreement with technology giant Microsoft.
Ørsted completes largest onshore wind project to date on land held by Arsenal owner
Danish renewables giant Ørsted has completed its largest onshore wind farm to date on a ranch owned by Arsenal's largest shareholder.
Tiny Texas oil driller hyped on Reddit surges 130% in a week
Tiny oil company Torchlight Energy Resources saw its shares more than double in a week after it became the latest stock touted on Reddit as a possible short squeeze.
Trafigura, Braskem ship first carbon neutral naphtha cargo
Trafigura and Braskem have teamed up to deliver the world’s first cargo of carbon-offset naphtha.
Legendary trader sees ‘seismic shift’ in Houston’s oil patch
For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houston’s fossil-fuel industry seems finally ready to move on.
Exxon floats $100bn government-backed carbon capture hub
Exxon Mobil Corp. proposed a giant, $100 billion hub to capture carbon dioxide emissions along the U.S. Gulf Coast in Texas but warned that government funding would be required to pay for and develop it.