What is driving Shell to recalibrate its energy strategy is not just its massive profits in 2022, but also a determination to increase value to underpin higher shareholder distributions and close the valuation gap with its US rivals, Chevron and ExxonMobil. [Gas in Transition, Volume 3, Issue 7]
Apr 19, 2021 2:30:pm
Summary
by: Daniel Graeber
US LNG exporter NextDecade said April 19 that it had teamed up with environmental reporting group Project Canary to monitor the greenhouse gas intensity of LNG sold from th.
Posted in:
NextDecade advances Texas CCS efforts
Apr 14, 2021 2:35:pm
Summary
by: Daniel Graeber
Posted in:
NextDecade advances Texas CCS efforts
US LNG company NextDecade said April 14 it had signed an engineering agreement with a division of Mitsubishi to develop post-combustion carbon capture technology for the Rio Grande LNG export facility in Texas.
NextDecade signed an engineering services agreement with Mitsubishi Heavy Industries to utilise a proprietary process developed by the Japanese company that uses a specialised solvent to help facilitate CO
2 recovery.
“This will be the world’s first application of post-combustion capture for LNG, and we expect this initiative will contribute to realising carbon neutrality in the years ahead,” Yoshihiro Shiraiwa, the head of the Japanese division, said.