Investors are looking to the bankability equation—sustainability plus guaranteed returns—and finding that the energy transition’s problem is not a shortage of capital, but a shortage of investable projects.
LongPath Technologies is expanding its methane sensing network in the Permian Basin with a significant portion of Vital Energy’s assets.
After a New York City event was disrupted, Occidental Petroleum President and CEO Vicki Hollub said agitators were after publicity and funding to “continue a business.”
Executives from Aethon Energy, Aker Solutions, Chevron and NOV said efficiency and repeatability—not cramming new technologies into every venture—are key to lowering costs associated with capturing CO2.
Experts at the 100th Annual Technical Conference predict the continued dominance of the oil and gas industry amid decarbonization efforts.
As global power demand rises, much of the world is unable to grasp the need for gas or the connection to LNG, experts said.
Methane emissions are falling in parts of the world as companies such as EQT, led by CEO Toby Rice, make strides to reduce emissions in their operations, although the task is not without challenges.
International Energy Forum Secretary General Joseph McMonigle says a single, linear pathway to the energy transition is “misguided and an outdated approach.”
Chevron CEO Mike Wirth, speaking at Gastech Houston 2024, said natural gas offers a clear path to lowering CO2 emissions that only politics can derail.
The drive to seek out lower emissions fuels is leading to a surge in RNG projects.