The success or failure of a rapidly growing carbon capture, use and storage, or CCUS sector is shaping up to be a matter of survival for the oil and gas industry as the world treads down the “energy transition” path, according to Forbes.
The federal government is likely to give Louisiana primary authority over wells used in carbon capture, possibly by December or January, U.S. Rep. Garret Graves says.
Regulators knew they were facing a political hornet’s nest when they launched a plan that would force businesses to disclose their carbon emissions and other climate data.
Norwegian startup Freyr will first build batteries to power electric vehicles and store clean energy in a remote town near the Arctic Circle. Up next? An Atlanta suburb.
Ucore North America, a subsidiary of Ucore Rare Metals Inc., will invest $75 million to establish North America’s first modern technology rare earth element separation and purification facility, in Alexandria, Business Facilities reports.
Baton Rouge-based G2 Net-Zero has scrapped plans to build an LNG export facility with a capacity of about 13 MTPA in Cameron Parish, LNG Prime reports.
Baton Rouge-based Bluehenge Capital Partners has sold its portfolio company Iron Horse Tools LLC to Pelican Energy Partners of Houston, the companies announced today.