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US grant funds LNG feasibility study in Colombia

US grant funds LNG feasibility study in Colombia
Jun 4, 2021 3:52:pm
Summary
by: Daniel Graeber
Posted in:
US grant funds LNG feasibility study in Colombia
Funded by a US grant, US-based engineering firm Black & Veatch said June 3 it had been tasked with conducting a feasibility study for an LNG regasification facility in Colombia.
Black & Veatch said it would carry out technical, engineering and commercial studies on the proposed Andes Energy Terminal (AET), which would be situated on Colombia’s western coast on the Pacific Ocean.
The company said its work would focus on the development of the LNG regasification facility and 400 MW of gas-powered generation to feed the grid in central and southwestern Colombia. ....

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Project spotlight: Rio Grande LNG [Gas in Transition]

From a record number of final investment decisions (FIDs) on new liquefaction capacity in 2019 to almost no approvals in 2020, the ups and downs of the LNG market are weeding out the weak from the strong this year. Nowhere is this more evident than in the Brownsville Ship Canal area of Texas. NextDecade, the developer of the Rio Grande project, is all set to proceed, but still needs to nail down additional offtake agreements to secure finance in an LNG market beset by uncertainty. [Gas in Transition, Volume 1, Issue 1] ....

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Methane leakage targeted in JPMorgan climate goals

Methane leakage targeted in JPMorgan climate goals
May 13, 2021 3:31:pm
Summary
by: Daniel Graeber
Posted in:
Methane leakage targeted in JPMorgan climate goals
US investment bank JPMorgan Chase said May 13 it planned to work with its clients to address climate change, including ways to cut methane emissions from oil and gas operations.
The bank released steps it said would align its financial activities with the climate goals outlined in the Paris agreement, spelling out its 2030 carbon-intensity targets for the fossil fuels, electric power and automotive sectors.
CEO Jamie Dimon said it was incumbent on the financial sector to play its part in the growing effort to mitigate the harmful effects of climate change. ....

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Schlumberger appoints new brass to lead clean energy push: press

Schlumberger appoints new brass to lead clean energy push: press
Apr 27, 2021 3:15:pm
Summary
by: Daniel Graeber
Posted in:
Oilfield services company Schlumberger has appointed new executives to help lead its energy transition,
Reuters reported April 26, citing an internal memo.
Sebastian Pages, who was formally in the company’s well construction group, was appointed as the finance director at the company’s New Energy division, according to the
Reuters report.
Kahina Abdeli-Galinier, a former marketing director, was appointed as the emissions business director to build and manage a new business to methane emissions for oil and gas operations of our customers, according to the memo. ....

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US energy lobby wants federal lands ban ended

US energy lobby wants federal lands ban ended
Apr 16, 2021 3:17:pm
Summary
by: Daniel Graeber
Posted in:
US energy lobby wants federal lands ban ended
The American Petroleum Institute (API) on April 15 called on the US interior secretary to lift the pause on new oil and gas leases on federal land for the sake of the economy and the environment.
President Joe Biden, in one of his first acts of office, paused new leasing of drilling rights on federal lands. After former president Donald Trump dismantled regulations for the sake of energy dominance, Biden’s move along the path of energy transition put the US oil and gas sector on its back foot. ....

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