Environment
A revised biological opinion determined that the endangered species could go extinct without new precautionary measures.
The two companies said they will evaluate the possibility of a joint venture to develop a direct air capture hub in South Texas, with XRG considering investing up to $500 million.
Across Texas, abandoned wells are erupting with chemical-infused liquid and some have created massive lakes of contaminated water. Regulators say they need more money to address the problem.
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SLB will deliver measurement plans for Eni aligned to the United Nations’ OGMP 2.0 reporting standards for methane emissions.
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The Biden administration’s goal of deploying 30 GW by 2030 was always ambitious; recent challenges make this more difficult to achieve. Addressing some of the industry headwinds is not only important for the 2030 goal, but it will also set the stage for the longer-term industry.
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The two companies will combine their software efforts to help measure, monitor, and report emissions.
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In the US, localized opposition and regulatory uncertainty are threatening to kill or severely limit the use of carbon capture, use, and storage (CCUS) in the fight against climate change.
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Declining costs to launch monitoring satellites, as well as artificial intelligence, which makes parsing terabytes of emissions data feasible, have given the oil and gas industry an emerging tool for environmental stewardship.
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The Bipartisan Infrastructure Law will be used to distribute $7 billion to the seven projects across the country.
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State regulators raise doubts about natural gas flaring permits but rarely reject them.
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Green Hydrogen International and Inpex have agreed to work together to develop GHI’s flagship project while evaluating large-scale green hydrogen/ammonia exports.
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The company says the compact instrument enables mass deployment of accurate and continuous methane monitoring.