Rystad Energy

Spectaire Announces Strategic Distribution Partnership with a Fortune 1000 Energy Company

Retrieved on: 
Wednesday, April 17, 2024
Rystad Energy, Partnership, ExxonMobil, BP, Shell, Energy, MIT, Renewable energy

WATERTOWN, Mass., April 17, 2024 (GLOBE NEWSWIRE) -- Spectaire Holdings Inc. (NASDAQ: SPEC) (“Spectaire” or the “Company”), a pioneer in environmental measurement technology, signed a distribution partnership agreement with a Fortune 1000 Energy Company (the “Strategic Partner”).

Key Points: 
  • WATERTOWN, Mass., April 17, 2024 (GLOBE NEWSWIRE) -- Spectaire Holdings Inc. (NASDAQ: SPEC) (“Spectaire” or the “Company”), a pioneer in environmental measurement technology, signed a distribution partnership agreement with a Fortune 1000 Energy Company (the “Strategic Partner”).
  • The Strategic Partner has been granted global distribution rights for the Company’s AireCore units for the oil and gas industry.
  • Brian Semkiw, CEO of Spectaire, stated, "This collaboration with our Strategic Partner is a transformative step for Spectaire and the oil and gas industry at large.
  • The partnership is poised to tap into a growing market, as the number of global oil and gas wells continues to rise.

Rapidan Energy Group Welcomes Michael Muhlbach and John Renfro to Executive Sales Team

Retrieved on: 
Thursday, January 25, 2024
Rystad Energy, Research, ABN, Data management, Policy, ABN AMRO, Business development, Salomon Brothers, Bear Stearns, E&P, Renewable energy

WASHINGTON, Jan. 25, 2024 /PRNewswire/ -- Rapidan Energy Group has welcomed two new sales executives, Michael Muhlbach, and John Renfro, to support the firm's growing client base and pursue growth opportunities in New York and Houston.

Key Points: 
  • WASHINGTON, Jan. 25, 2024 /PRNewswire/ -- Rapidan Energy Group has welcomed two new sales executives, Michael Muhlbach, and John Renfro, to support the firm's growing client base and pursue growth opportunities in New York and Houston.
  • The addition of John and Michael complements the firm's broadening and deepening research, data, and advisory services in global energy markets, policy, and geopolitics.
  • Michael Muhlbach joins Rapidan as Vice President of Investor Solutions and will be based in New York City.
  • John Renfro joins Rapidan as Vice President of Business Development and will be based in Houston, Texas.

Aker Carbon Capture and MAN Energy Solutions join forces to accelerate CCUS in North America

Retrieved on: 
Tuesday, January 23, 2024
Carbon, CO2, Rystad Energy, Unitary state, Government, CCUS, ACC, MAN Energy Solutions, Renewable energy

OSLO, Norway, Jan. 23, 2024 /PRNewswire/ -- Aker Carbon Capture and MAN Energy Solutions have signed a Memorandum of Understanding to jointly pursue opportunities related to carbon capture, utilization and storage (CCUS) and CO2 compression in the North American market.

Key Points: 
  • OSLO, Norway, Jan. 23, 2024 /PRNewswire/ -- Aker Carbon Capture and MAN Energy Solutions have signed a Memorandum of Understanding to jointly pursue opportunities related to carbon capture, utilization and storage (CCUS) and CO2 compression in the North American market.
  • The agreement leverages MAN's expertise in compressor technology and system integration, as well as Aker Carbon Capture's proven amine technology and carbon capture products.
  • The adoption of standardized and modularized solutions will contribute to drive scale through cost-efficient developments with optimized energy consumption and delivery time.
  • "We are thrilled to expand our cooperation with MAN Energy Solutions to the North American market, where we see significant potential for CCUS to drive the transition towards net zero", said Jonah Margulis, Head of North America at Aker Carbon Capture.

Aker Carbon Capture and MAN Energy Solutions join forces to accelerate CCUS in North America

Retrieved on: 
Tuesday, January 23, 2024
Carbon, CO2, Rystad Energy, Unitary state, Government, CCUS, ACC, MAN Energy Solutions, Renewable energy

OSLO, Norway, Jan. 23, 2024 /PRNewswire/ -- Aker Carbon Capture and MAN Energy Solutions have signed a Memorandum of Understanding to jointly pursue opportunities related to carbon capture, utilization and storage (CCUS) and CO2 compression in the North American market.

Key Points: 
  • OSLO, Norway, Jan. 23, 2024 /PRNewswire/ -- Aker Carbon Capture and MAN Energy Solutions have signed a Memorandum of Understanding to jointly pursue opportunities related to carbon capture, utilization and storage (CCUS) and CO2 compression in the North American market.
  • The agreement leverages MAN's expertise in compressor technology and system integration, as well as Aker Carbon Capture's proven amine technology and carbon capture products.
  • The adoption of standardized and modularized solutions will contribute to drive scale through cost-efficient developments with optimized energy consumption and delivery time.
  • "We are thrilled to expand our cooperation with MAN Energy Solutions to the North American market, where we see significant potential for CCUS to drive the transition towards net zero", said Jonah Margulis, Head of North America at Aker Carbon Capture.

Spectaire Launches AireCore™ Into the Oil and Gas Sector

Retrieved on: 
Monday, December 18, 2023
Rystad Energy, Gas, ExxonMobil, Oil, Shell, BP, Renewable energy

Spectaire’s foray into the oil and gas market represents a strategic new market expansion, demonstrating the adaptability and relevance of its technology across various sectors.

Key Points: 
  • Spectaire’s foray into the oil and gas market represents a strategic new market expansion, demonstrating the adaptability and relevance of its technology across various sectors.
  • Brian Semkiw, CEO of Spectaire, underscores the transformative impact of their breakthrough in the oil and gas sector: “The oil and gas industry, having poured billions into cutting emissions, now stands at a pivotal moment.
  • This launch is a clear indication of Spectaire’s commitment to innovation and its capability to meet the specific needs of the oil and gas industry.
  • For more information on the AireCore™ mass spectrometer and its applications within the oil and gas sector, please visit www.spectaire.com .

ExxonMobil Starts Production at Third Offshore Guyana Project

Retrieved on: 
Tuesday, November 14, 2023
Oil, Gas, Energy, Maritime, Transport, Other Energy, Whiptail, Research, FPSO, Prosperity, American Bureau of Shipping, Uaru, Documentation, ExxonMobil, Partnership, Rystad Energy, Government, FPSO Noble Seillean, Economic development, Renewable energy

ExxonMobil started production today at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 barrels per day.

Key Points: 
  • ExxonMobil started production today at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 barrels per day.
  • “Each new project supports economic development and access to resources that will benefit Guyanese communities while also helping to meet the world’s energy demand,” said Liam Mallon, president of ExxonMobil Upstream Company.
  • The company is working with the government of Guyana to secure regulatory approvals for a sixth project at Whiptail.
  • Hess Guyana Exploration Ltd. holds 30% interest, and CNOOC Petroleum Guyana Limited holds 25% interest.

CYBER ENVIRO-TECH, INC PROVIDES POTENTIAL SOLUTION FOR SEISMIC ACTIVITY IN THE PERMIAN BASIN

Retrieved on: 
Wednesday, December 13, 2023
Permian, CETI, Bureau, Railroad Commission of Texas, OTC Markets Group, Economic geology, TWS, Ground substance, RRC, Drinking water, Moses Austin, Bacteria, University, Water, Rystad Energy, Corrosion, Injection, Natural gas, Sewage treatment, SWD

SCOTTSDALE, Ariz., Dec. 13, 2023 /PRNewswire/ -- (OTC Pink: CETI), Cyber Enviro-Tech, Inc has developed a water remediation system that could help reduce the increased seismic activity in the Permian Basin by treating and repurposing oil production wastewater.

Key Points: 
  • SCOTTSDALE, Ariz., Dec. 13, 2023 /PRNewswire/ -- (OTC Pink: CETI), Cyber Enviro-Tech, Inc has developed a water remediation system that could help reduce the increased seismic activity in the Permian Basin by treating and repurposing oil production wastewater.
  • All of these triggered earthquakes by decreasing the tight fit or clamping between rocks along natural faults through corrosion and extreme pressure.
  • The Railroad Commission of Texas (RRC) has suspended over 30 wastewater disposal sites aka SWDs (Salt Water Disposal wells) north of Odessa to Midland due to this surge in seismic activity.
  • Cyber Enviro-Tech's solution is simple – remediate the wastewater instead of injecting it deep underground so it can be repurposed back into the communities.

Global Gas Report 2023: The unprecedented demand uncertainty and insufficient level of investment in natural gas, low-carbon, and renewable gases are putting the energy transition at risk, undermining energy affordability, security, and sustainability.

Retrieved on: 
Thursday, October 19, 2023
GGR, Optimism, COVID-19, International, Coal, History, CCS, Face, Global warming potential, Rystad Energy, Carbon, Air pollution, Natural gas, International Gas Union, Growth, TTF, CO2, Snam, Investment, Gas, IGU, Renewable energy, LNG

Massive divergences across international energy and gas demand outlooks vis-à-vis low investments in natural gas, low carbon and renewable gases, fuels risk of worsened energy shocks toward 2030 and beyond.

Key Points: 
  • Massive divergences across international energy and gas demand outlooks vis-à-vis low investments in natural gas, low carbon and renewable gases, fuels risk of worsened energy shocks toward 2030 and beyond.
  • A strengthened focus on comprehensive energy planning, low-carbon gases development, robust conservation measures to reduce demand, and CCS will determine the success of the energy transition.
  • As a consequence of the supply and price shocks coming on the heels of the Russia-Ukraine crisis, global gas demand decreased by 1.5% in 2022 compared to 2021.
  • Global gas production in 2022 stayed flat with a marginal 8.3 Bcm or less than 0.5% uptick, keeping the global gas in short supply.

Global Gas Report 2023: The unprecedented demand uncertainty and insufficient level of investment in natural gas, low-carbon, and renewable gases are putting the energy transition at risk, undermining energy affordability, security, and sustainability.

Retrieved on: 
Thursday, October 19, 2023
GGR, Optimism, COVID-19, International, Coal, History, CCS, Face, Global warming potential, Rystad Energy, Carbon, Air pollution, Natural gas, International Gas Union, Growth, TTF, CO2, Snam, Investment, Gas, IGU, Renewable energy, LNG

Massive divergences across international energy and gas demand outlooks vis-à-vis low investments in natural gas, low carbon and renewable gases, fuels risk of worsened energy shocks toward 2030 and beyond.

Key Points: 
  • Massive divergences across international energy and gas demand outlooks vis-à-vis low investments in natural gas, low carbon and renewable gases, fuels risk of worsened energy shocks toward 2030 and beyond.
  • A strengthened focus on comprehensive energy planning, low-carbon gases development, robust conservation measures to reduce demand, and CCS will determine the success of the energy transition.
  • As a consequence of the supply and price shocks coming on the heels of the Russia-Ukraine crisis, global gas demand decreased by 1.5% in 2022 compared to 2021.
  • Global gas production in 2022 stayed flat with a marginal 8.3 Bcm or less than 0.5% uptick, keeping the global gas in short supply.

Aker Carbon Capture awarded feasibility study for mineral production facilities in the United States

Retrieved on: 
Friday, October 6, 2023
Carbon, Government, Infrastructure Investment and Jobs Act, CO2, Inflation Reduction Act of 2022, Unitary state, Inflation, CCUS, Rystad Energy, Coal, Renewable energy

OSLO, Norway, Oct. 6, 2023 /PRNewswire/ -- Aker Carbon Capture has been awarded a feasibility study to implement carbon capture for mineral production facilities in the U.S. Midwest.

Key Points: 
  • OSLO, Norway, Oct. 6, 2023 /PRNewswire/ -- Aker Carbon Capture has been awarded a feasibility study to implement carbon capture for mineral production facilities in the U.S. Midwest.
  • The feasibility study will develop a design and cost basis for Big Catch CO2 capture and conditioning facilities.
  • "This is the third study awarded to Aker Carbon Capture in the United States this year, bringing our total CO2 emissions under study contracts to above 3 million tonnes CO2 per year in this market.
  • Aker Carbon Capture is currently delivering seven carbon capture units in Europe, with an accumulated capture capacity of 1 million tonnes CO2.