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New Energies
Johnson Matthey: Syngas Offers Path to Low-carbon Fuels, Hydrogen
With syngas, chemical makers like Johnson Matthey have hit a sweet spot in producing no- and low-carbon ammonia, hydrogen or sustainable aviation fuel.
Marubeni Acquires 50% Stake in Ozona’s Eagle Ford CCS Project
Japanese oil and gas producer Marubeni Corp. has acquired a 50% stake in Ozona CCS’ Eagle Ford Shale project in the Hawkville Field.
Oil, Gas Execs: To Scale Up CCS, Standardize
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.
EQT’s Rice: Three Mile Island Restart Not ‘Needle-Mover’ vs. Natgas
Microsoft Corp. will pay as much as $130 per megawatt-hour for the resurrected plant’s electricity that will carry a “carbon-free” label and a new name: Crane Clean Energy Center.
Sage, California Resources to Partner on Geothermal, Energy Storage
Sage Geosystems and California Resources Corp. signed of a memorandum of understanding to pursue subsurface energy storage and geothermal power generation in California.
Macquarie Buys Up to $1.73B Stake in D.E. Shaw Renewable Investments
Macquarie Asset Management is acquiring a minority stake in D.E. Shaw Renewable Investments in an equity investment of up to $1.73 billion.
CS Energy, Luminace Complete Solar Project Atop Landfill
CS Energy and Luminace closed a landfill in New Jersey that remained uncapped since the 1980s and built two 5-megawatt solar projects on top of it.
UAE’s Masdar Adds to Renewables Portfolio with $1.4B Deal
Masdar says it plans to acquire Brookfield Renewable’s Saeta Yield, which has a portfolio of 745 megawatts of wind and solar assets in Portugal and Spain.
TotalEnergies to Supply More SAF to French Airline
TotalEnergies has entered into an agreement to supply airline Air France-KLM Group with up to 1.5 million tons of more sustainable aviation fuel over a 10-year period.
Shell Shelves Norway Hydrogen Project Due to Lack of Demand
Shell has scrapped plans for a low-carbon hydrogen plant on Norway's west coast due to a lack of demand, the energy company said on Sept. 23, days after Equinor cancelled a similar planned project in Norway.