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25.02.26 - 06:06
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Taiwan′s state-owned energy firms push ahead on carbon capture (Digitimes)
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As hyperscalers' energy consumption continues to rise, pressure to cut carbon emissions is intensifying. Oil giant ExxonMobil recently disclosed during its earnings call that carbon capture opportunities related to data centers are rapidly emerging. The company has held substantive talks with multiple firms and plans to announce related collaborations by the end of 2026....
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23.02.26 - 17:06
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US supreme court takes up fossil fuel firms′ climate accountability case (The Guardian)
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Judgment in city of Boulder's lawsuit against Suncor Energy USA and ExxonMobil could affect wave of climate litigationThe US supreme court has decided to hear arguments in a climate accountability lawsuit, marking the first time the high court has weighed in on such a case. The decision could potentially hinder the wave of climate litigation the US has seen in recent years.“It's not a good sign,” said Pat Parenteau, a professor of environmental law at Vermont Law and Graduate School. Continue reading......
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20.02.26 - 11:24
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Guyana Fast-Tracks Gas Expansion As Oil Cash Piles Up (ZeroHedge)
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Guyana Fast-Tracks Gas Expansion As Oil Cash Piles Up
Authored by Julianne Geiger via OilPrice.com,
Guyana's sights are set much higher than just being the new oil darling of the Western hemisphere. It wants to be the gas darling too.
That's the frame coming out of Georgetown as Guyana lines up a second gas pipeline project, even before the first one is fully online.
President Irfaan Ali said a new gas development at Berbice will be finalized very soon, aimed at bringing more associated gas from ExxonMobil's offshore fields to shore. The first gas-to-shore pipeline is expected to start up later this year, supplying roughly 300 megawatts to a new power plant near the capital.
For a country long plagued by high power costs and periodic blackouts, this goes well beyond being a side project.
Guyana's oil boom has been nothing short of staggering.
Since Exxon's 2015 discovery, output has surged and the country has become one of the fastest-growing producers in the world. But crude export...
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