KPMG: Three Things to Know About Transferring Energy Tax Credits

With extensions, modifications and new credits up for grabs, the market for generating tax incentives is expanding but maximizing credits and not running afoul of the IRS makes the new market tricky to navigate.

Aker to Launch Carbon Capture Study in Germany

TES has awarded Aker Carbon Capture a feasibility study for a capture capacity facility that would transport 400,000 tonnes of CO2 per year to facilities to produce electric natural gas.

Shell Cutting Low Carbon Team, ‘Retiring’ Some Transition Goals

CEO Wael Sawan told an energy conference in London the company wouldn’t blindly plunge into energy transition projects and scrapped specific spending and goals for carbon offsets.

Navigator CO2 Ventures Cancels Carbon-capture Pipeline Project in US Midwest

The cancellation of Navigator CO2 Ventures' Heartland Greenway pipeline project, one of the biggest projects of its kind, is a setback to the development of CCS projects in the U.S.

Silencing the Doubters: Occidental CEO Vicki Hollub Lauded for Anadarko Deal

Four years after acquiring Anadarko Petroleum, Occidental CEO Vicki Hollub has proved her critics wrong, and she credits the deal with carrying the company through the depths of the pandemic.

Milestone Carbon Announces Second Land Agreement for CCS

Milestone Carbon is leasing 22,000 acres of land and pore space from Texas Pacific Land Corp. in the Permian Basin for the geologic sequestration of CO2.

Amid Protests, Aramco CEO Delivers Energy Transition Reality Check

At a London energy conference disrupted by protestors, Aramco President and CEO Amin Nasser campaigned for a realistic energy transition and defended Saudi Arabia’s voluntary oil cuts as a “strategic” tool that allows it to respond to market volatility.

Eni, UK Reach Agreement on Terms for CCS Project

Eni says its HyNet North West industrial carbon capture and storage project aims to store about 4.5 million tonnes of CO2 per year during its first phase.

Two Charts Diverged in the Energy Transition

Will oil and gas companies take the less traveled road of the energy transition, or stick to business as usual?

Where Old Meets New: Energy Transition Projects Collide with Oil, Gas Law

Modern laws created to deal with the energy transition balance on the line between historical oil and gas law principles and new territory.