8 Rivers, Wood Sign Pre-FEED Deal for Wyoming Carbon Capture Project
8 Rivers Capital said pre-FEED activities are expected to be completed later in 2025.
BP Resets to NatGas as Energy Transition Takes a Backseat, CEO Says
BP CEO Murray Auchincloss said the company’s strategic shift will focus on natural gas and “the time has come for the Haynesville.”
Baker Hughes CEO: Expect ‘Volatility, Noise’ Around Energy Transition
Baker Hughes and Linde executives spoke about lower carbon resources such as hydrogen and geothermal, which will be part of the energy mix but unlikely to displace natural gas.
Conoco, TotalEnergies CEOs Talk Methane Regs, Permian Vs. Senegal
ConocoPhillips CEO Ryan Lance and TotalEnergies’ Patrick Pouyanné briefly delved into a Permian Basin versus Senegal debate at CERAWeek by S&P Global.
Archrock to Buy Natural Gas Compression Systems for $357MM
Archrock Inc. will buy privately held Natural Gas Compression Systems Inc. in a cash-and-stock deal that deepens Archrock’s operations in the Permian Basin.
Baker Hughes, Woodside Partner to Scale Net Power Platform
Net Power’s platform uses natural gas to generate power while capturing nearly all CO2 emissions, Baker Hughes said in a news release.
Google, SLB, Project Innerspace Form Geothermal Partnership
The geothermal partnership between Google Cloud, SLB and Project Innerspace takes shape as energy demand surges, driven in the U.S. by data center growth, the rise of electrification and an increase in manufacturing activity.
ChampionX’s Aerial Optical Gas Imaging Platform Secures EPA Approval
ChampionX Corp.’s aerial optical gas imaging platform combines optical technology with a gimbal system to detect and locate methane leaks.
California Resources Continues to Curb Emissions, This Time Using CCS for Cement
California Resources’ carbon management business Carbon TerraVault plans to break ground on its first CCS project in second-quarter 2025.
Energy Transition in Motion (Week of Feb. 28, 2025)
Here is a look at some of this week’s renewable energy news, including SMT Energy securing funding for a battery energy storage facility in Houston.