E&P Highlights: Dec. 30, 2024
Here’s a roundup of the latest E&P headlines, including a substantial decline in methane emissions from the Permian Basin and progress toward a final investment decision on Energy Transfer’s Lake Charles LNG project.
BP Monitoring Air Following Leak at Whiting Refinery
BP says the Midwest refinery is now operating normally.
Permian Operators Cut Methane Emissions by 26% in 2023, S&P Global Says
S&P Global credits improved equipment and technology for helping with methane emissions reductions in the Permian Basin.
LongPath Ditches Up-in-the-Air Tech for Emissions Reduction Closer to Ground
LongPath Technologies has received a federal loan to develop a monitoring network and conditional approval from the state of New Mexico for use of its system at oil and gas operations.
Segrist: Cooling the Reaction: Nuclear Makes Promising but Slow Comeback
Nuclear power is awesome. Nuclear power is also hard—and a long way off from displacing natural gas as the primary source for the electricity the U.S. will desperately need.
US Hydrogen Concerns Linger as Next Administration Nears White House
BP, EDP Renewables, Inpex and Plug Power executives discuss the state of hydrogen and the hydrogen production tax credit.
Phillips 66 Taps NextEra for Solar Power at Rodeo Renewable Complex
The solar facility owned and operated by NextEra Energy Resources will consist of more than 70,000 solar modules, Phillips 66 said
CRC's Carbon TerraVault, Net Power to Develop Low Emissions Power Plants
California Resources Corp.'s Carbon TerraVault and Net Power will conduct feasibility studies on locating power plants near underground CO2 storage vaults, according to a news release.
Shell Settles Lawsuit Against Greenpeace Over Activists Boarding Oil Vessel
Shell took legal action after Greenpeace activists boarded a vessel in January 2023 near the Canary Islands off the Atlantic coast of northern Africa to protest against oil drilling, travelling on it as far as Norway.
Methanol Microreactor Project Aims to Convert CO2 into Liquid Fuel
The SRI International-led project, which received a Department of Energy grant, would use renewable energy to convert CO2 into liquid fuel.