Company News

Air Products and its subsidiary Air Products Canada Ltd., in conjunction with the Government of Canada and the Province of Alberta, have announced a multi-billion dollar plan to build a landmark new net-zero hydrogen energy complex that will make Edmonton, Alberta the centre of western Canada’s hydrogen economy.

EnLink Midstream, LLC (EnLink) announced the formation of a group to pursue energy transition opportunities, including projects in carbon capture, use, and sequestration (CCUS).

Sierra’s QuadraTherm® qMix RealTime Flare Measurement System (FMS) delivers real-time flare gas flow measurement to accurately measure flows down to 0.1 sfps, meeting the full range of EPA regulations.

In the latest project designed to green the oilsands industry, Wolf Midstream says it will build a facility to strip petroleum liquids from natural gas used in operations near Fort McMurray leaving a purer fuel that will burn with fewer carbon emissions.The company says its NGL North project is expected to reduce carbon dioxide emissions from oilsands projects in the Christina Lake area by over 200,000 tonnes per year by removing liquids such as ethane, propane, butane and condensate from natural gas, leaving primarily methane.The liquids would then be shipped on an unused third line in Wolf's three-pipe Access Pipeline to the Edmonton area to be separated and sold to petrochemical industry buyers, with the capacity to produce up to 70,000 barrels per day.According to the Canada Energy Regulator, about 30 per cent of the natural gas produced in Canada in 2018 was consumed in oilsands production to generate steam needed for thermal bitumen production from wells and in separating sand from oil and upgrading bitumen at oilsands mines.Bob Lock, president of Wolf's pipelines unit, says the project has become more financially attractive over the past 10 years as the amount of natural gas consumed in the oilsands rose by about a quarter to about 2.5 billion cubic feet per day.The company declined to provide a cost for the project which is expected to be in service in 2023.“The NGL North system will recover higher carbon product otherwise used for combustion with higher associated emissions and separate the recovered NGL into essential building blocks for products that enable modern living,'' Wolf CEO Gordon Salahor said.“Once operational, NGL North will contribute to reducing CO2 emissions for the oilsands industry, which is consistent with Wolf's investment strategy to develop assets that are positioned for energy transition.''Wolf Midstream is a private Calgary company created in 2016 and backed by the Canada Pension Plan Investment Board.

Setpoint Integrated Solutions is pleased to announce that Matthew Bate, current Setpoint Chief Financial Officer, will be promoted to the role of President & Chief Executive Officer.

Dow, Inc. and Shell announced a joint development agreement to accelerate technology to electrify ethylene steam crackers, which supply chemicals used to make products that people use every day.

Chevron Corporation has announced that its wholly owned subsidiary Chevron U.S.A. Inc is investing an additional USD $20 million in the Adopt-a-Port initiative with California renewable natural gas (RNG) provider Clean Energy Fuels Corp.Chevron has now invested a total of USD $28 million in the initiative, which it says provides truck operators serving the ports of Los Angeles and Long Beach with cleaner, carbon negative RNG to reduce emissions.

The world has a viable pathway to building a global energy sector with net-zero emissions in 2050, but it is narrow and requires an unprecedented transformation of how energy is produced, transported and used globally, the International Energy Agency said in a landmark special report released today.Climate pledges by governments to date – even if fully achieved – would fall well short of what is required to bring global energy-related carbon dioxide (CO2) emissions to net zero by 2050 and give the world an even chance of limiting the global temperature rise to 1.5 °C, according to the new report, Net Zero by 2050: a Roadmap for the Global Energy Sector.The report is the world’s first comprehensive study of how to transition to a net zero energy system by 2050 while ensuring stable and affordable energy supplies, providing universal energy access, and enabling robust economic growth.

Eni and Progressive Energy Limited have announced the signing of a framework agreement to further accelerate carbon capture and storage (CCS) within the HyNet North West low carbon cluster project.Under the agreement, Eni will develop and operate both the onshore and offshore transportation and storage of CO2 in their Liverpool Bay assets, whilst Progressive Energy will lead and coordinate the capture and hydrogen aspects of the project on behalf of Hynet North West, thereby linking together the sources of CO2 emissions to Eni’s transportation and storage infrastructure.Memoranda of understanding in respect of the capture and storage of future CO2 emissions across the region have been signed between Eni and multiple industrial companies who wish to reduce their CO2 emissions through HyNet North West.The agreement is a key milestone for the nationally important project.

Suncor Energy Inc. has become the latest major oil company to commit to achieving net zero carbon emissions by 2050. The new goal is an upgrade from its current program adopted in 2015 to reduce emissions intensity from upstream operations by 30% by 2030, and matches the 2050 target set by oilsands producer rival Cenovus Energy Inc.