TC Energy’s Coastal pipeline fined again for environmental non-compliance
The Government of British Columbia has fined a subsidiary of TC Energy, Coastal GasLink, C$590,000 for ten additional penalties relating…
13 Sep 2024
UK Government buys National Grid’s electricity system operator for $828m
The UK Government has agreed to buy the National Grid’s Electricity System Operator (ESO) for £630m ($827.95m) to “support energy security, help to keep bills down and accelerate the government’s…
13 Sep 2024
ExxonMobil joins forces with Mitsubishi for hydrogen plant in Texas, US
ExxonMobil has signed a project framework agreement with Japan’s Mitsubishi for participation in its proposed hydrogen and ammonia facility in the US state of Texas. Under the agreement, the companies…
13 Sep 2024
Gevo to acquire Red Trail Energy’s assets for $210m
Gevo is set to enhance its net-zero fuel production capabilities with the signing of a definitive agreement to acquire Red Trail Energy's ethanol production plant and carbon capture and sequestration…
13 Sep 2024
Nigerians go to court and want $310m from Shell, and halt an asset sale
Nigerian communities are seeking N505bn ($310m) in compensation from Shell, alleging that the company violated an existing court order by reaching an agreement to offload its onshore assets in the…
13 Sep 2024
Baker Hughes unveils CarbonEdge for better CCUS risk management
Baker Hughes has launched CarbonEdge, a digital solution aimed at optimising CCUS operations. The end-to-end, risk-based platform, powered by Cordant, supports regulatory reporting and operational risk management by offering real-time…
13 Sep 2024
Occidental’s 1PointFive receives up to $500m for direct air carbon capture hub
1PointFive, the carbon capture, utilisation and sequestration unit of US oil company Occidental, has secured funding of up to $500m from the US Department of Energy's Office of Clean Energy…