Chevron New Energies led a funding round that raised $45 million in Series A financing for ION Clean Energy, according to a news release.
Ken Gilmartin, the CEO of engineering company Wood, shares the importance of digitization's role in traditional oil and gas and the energy transition, and overcoming challenges facing carbon capture, in this Hart Energy Exclusive interview.
The Barnett Shale is “ripe for fracs” and offers opportunities to boost natural gas production to historic levels, BKV Corp. CEO and Founder Chris Kalnin said at the DUG GAS+ Conference and Expo.
The U.S. and Louisiana have the ability to change global emissions through the export of LNG, although new applications have been frozen by the Biden administration.
SLB and Aker Carbon Capture plan to combine their technology portfolios, expertise and operations platforms to bring carbon capture technologies to market faster and more economically, SLB said in a news release.
Kraft Heinz, a $43 billion food company, is seeking to reduce its annual emissions by 99% through a Department of Energy grant.
The U.S. Department of Energy funding will be used to develop technology that turns CO2 into sustainable ethylene.
TotalEnergies’ acquisition targets Talos Energy’s Bayou Bend project, and the French company plans to sell off the remainder of Talos’ carbon capture and sequestration portfolio in Texas and Louisiana.
About $5.1 billion in work will go to the contractors once projects reach FID, which is expected in September.
1PointFive said it is also participating in AT&T’s Connected Climate Initiative to collaborate on carbon removal solutions like direct air capture.