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Energy

Exxon to use Honeywell carbon capture tech at hydrogen facility

Category: Business News

NEW YORK, Feb 15 (Reuters) – Exxon Mobil Corp (XOM.N) will use technology from Honeywell International Inc (HON.O) to capture carbon dioxide at a proposed hydrogen production facility in Texas, Honeywell said. Honeywell said the technology would enable Exxon to capture about 7 million tons of carbon dioxide (CO2) per year, equivalent to emissions from […]

Source: Reuters


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Air Products Opens New Offices in New York State and Alberta, Canada

Category: Business News

Air Products (NYSE: APD) today announced plans to broaden its Americas presence by establishing two new Project Delivery offices in Edmonton, Alberta, Canada and Buffalo, New York (NY). “Given the increasing number of projects in the United States and Canada, and the evolving footprint of our industrial gas business, additional offices in these locations will […]

Source: Air Products


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LNG to Play a Leading Role in the Energy Transition ABS Chairman, President and CEO Tells USCG Leaders

Category: Business News

(HOUSTON) The critical role of LNG in meeting shipping’s decarbonization goals was detailed by Christopher J. Wiernicki, ABS Chairman, President and CEO in a keynote speech to U.S. Coast Guard (USCG) leaders at the Liquefied Gas and Alternative Fuels Senior Executive Forum. “We are going to have to begin to balance what we’re facing today, […]

Source: ABS


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Equinor: Gas discovery in the Norwegian Sea

Category: Business News

Equinor and partners Wintershall Dea and Petoro have made a commercial gas discovery in production licence 1128 estimated at between two and eleven billion standard cubic metres of recoverable gas, or about 12.6-69.2 million barrels of oil equivalent. Exploration wells 6605/1-2 S&A in the Norwegian Sea were drilled by the Deepsea Stavanger drilling rig. The […]

Source: Equinor


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Norway’s $30 Billion of Projects to Sustain Gas Flow to 2026

Category: Business News

Norway will be able to sustain gas production at last year’s elevated level until at least 2026 thanks to 300 billion Norwegian kroner ($30 billion) of investment in new offshore fields. “Only rarely have we seen so much oil and gas produced on the Norwegian shelf as was the case last year – and only […]

Source: Bloomberg


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