Jordan Soto, executive producer, Hart Energy: I'm Jordan Soto for The Pulse with Hart Energy LIVE at the Hydrogen Technology Conference and we're asking people, is the energy transition moving quickly enough?
Tom Stephenson, CEO & chairman, Pajarito Powder: No. It needs to move more quickly, but it is absolutely accelerating, which is exciting.
Tobias Lummerich, global industry manager hydrogen, Alleima: Sometimes it is moving quickly enough, but sometimes not. But when you have a look around here, you'll see so many companies who are working on it, and this is very good to see.
Raphael MacDonald, VP North America, Goal7: With the introduction of the IRA [Inflation Reduction Act] and the tax credits like 45Q, we're seeing things pick up for sure.
Jonathan Minnitt, VP business development, Aker Solutions: I think the easy answer is no. There's always things that the industry could be doing better and faster. The key thing is that we are making the right decisions and moving forward in the most strategic ways. So, I see in the U.S.—great to have the Inflation Reduction Act—that's moving us forward. Legislation is a key part of it and regulation, so we're not moving quick enough, but we are making the right steps.
JS: Stay on beat with all energy-related events with The Pulse on hartenergy.com.
Recommended Reading
Talos Ups Buybacks, Pays Down Debt Post $1.29B QuarterNorth Deal
2024-07-22 - Talos Energy said it repaid $325 million in debt since closing its $1.29 billion cash-and-stock acquisition of E&P QuarterNorth in March.
Equinor Subsidiary Contracts Valaris Drillship Offshore Brazil
2024-07-22 - Valaris and Equinor Energy do Brasil’s multi-year contract is valued at approximately $498 million.
Pemex Targets Debt Declining Below $100 Billion This Summer
2024-07-19 - Mexico’s state-owned Pemex, the world’s most indebted company, is targeting a total debt below the $100 billion mark this summer—the first time in 10 years that the company’s debt would be below that level.
Offshore, Middle East Buoys SLB’s 2Q as US Land Revenue Falls
2024-07-19 - Driven by a strong offshore market and bolstered by strategic acquisitions and digital innovation, SLB saw a robust second quarter offset by lower drilling revenue in the U.S.
Halliburton Sees NAM Activity Rebound in ‘25 After M&A Dust Settles
2024-07-19 - Halliburton said a softer North American market was affected by E&Ps integrating assets from recent M&A as the company continues to see international markets boosting the company’s bottom line.