Page 14 - NorthAmOil Week 39 2021

NorthAmOil NEWS IN BRIEF NorthAmOil

and Wabash Valley Power Alliance (WVPA)
today announced they have started
construction activities for three previously
announced renewable natural gas (RNG)
facilities in Indiana. The three sites are located
at the Twin Bridges Landfill in Danville, the
Prairie View Landfill in Wyatt and the Liberty
Landfill in Monticello. Upon completion, they
are expected to produce a total of 3.5bn cubic
feet of RNG each year. Commercial operations
are expected to begin in the fall of 2022,
pending required permits and certifications.
Kinetrex Energy expects to invest $146mn
to construct the RNG facilities to process gas
purchased from WVPA. Waste Management,
which owns the landfills, will operate the
new RNG facilities. WVPA will continue to
business intends to change its name and ticker other energy products we sell,” said Carlos have generation facilities at the sites that will
symbol. Maurer, Executive Vice President Sectors and remain in operation. The new RNG facilities
As previously announced, Cimarex and Decarbonization at Shell. “We are excited to are designed to capture methane produced
Cabot entered into a definitive agreement on offer renewable compressed natural gas as a from landfills and convert that methane into
May 23, 2021, whereby the companies will low-carbon fuel choice for our customers.” pipeline-quality natural gas. This capture
combine in an all-stock transaction. Under the Shell is developing additional RNG process reduces or eliminates greenhouse gas
terms of the definitive agreement, each eligible production facilities to be located directly (GHG) emissions at the landfill and provides
share of Cimarex common stock issued and within operating dairies. Shell Downstream low-cost, efficient renewable energy. The
outstanding immediately prior to the effective Galloway at the High Plains Ponderosa Dairy RNG generated from the plants will be sold
time of the transaction will be exchanged for in Plains, Kansas and Shell Downstream pursuant to long-term contracts to Kinetrex
4.0146 shares of Cabot common stock. Bovarius at the Bettencourt Dairies in Energy’s compressed renewable natural gas
CABOT OIL & GAS AND CIMAREX ENERGY, Wendell, Idaho are part of this expanding (CRNG) and liquefied renewable natural gas
September 29, 2021 biofuels portfolio utilising cow manure as (LRNG) vehicle transportation customers
feedstock. Together, these two dairy RNG located throughout the eastern half of the
facilities can produce approximately 900,000 United States.
ENERGY TRANSITION mmBtu a year of negative carbon intensity KINETREX ENERGY, September 29, 2021
RNG.
Shell starts production Junction City, Shell Downstream Galloway Phillips 66 sets reduction
Production from Shell New Energies
at Shell New Energies and Shell Downstream Bovarius is expected targets for greenhouse gas
to help supply Shell R-CNG fuelling sites
Junction City, its first US planned at the company’s product distribution emissions
complexes in Carson, Van Nuys, Signal
renewable natural gas Hill, and San Jose, California, and at a Phillips 66 announced today that it intends
terminal in Portland, Oregon, owned by
to reduce greenhouse gas emissions intensity
facility Shell Midstream Partners. R-CNG offers an from its operations and energy products
attractive alternative for fleets to lower their
by 2030, setting impactful, attainable and
Shell Oil Products US, a subsidiary of Royal carbon footprint compared to conventional measurable targets for the company. The
Dutch Shell plc, has successfully achieved diesel fuel. Providing 100% R-CNG for company plans to reduce Scope 1 and Scope
start-up and production of renewable natural customers would allow these fuelling sites to 2 emissions intensity from operations by 30%
gas (RNG) at its first US biomethane facility, substantially decarbonise product movements and Scope 3 emissions intensity of its energy
Shell New Energies Junction City in Oregon. out of the terminals. products by 15%, below 2019 levels.
The facility utilises locally sourced cow SHELL OIL PRODUCTS US, September 28, 2021 “We believe our targets will drive
manure and excess agricultural residues to innovation and create shareholder value,” said
produce an expected 736,000 MMBtu a year Kinetrex Energy and Phillips 66 Chairman and CEO Greg Garland.
of RNG. This milestone is part of a growing “We support the ambitions of the Paris
portfolio of developing RNG production and Wabash Valley Power Agreement, and Phillips 66 will do its part by
distribution assets supporting low-carbon improving energy efficiency and developing
intensity renewable compressed natural gas Alliance announce lower-carbon technologies.”
(R-CNG) as fuel for heavy-duty, on-road Phillips 66 previously disclosed changes to
transport. construction on three RNG its annual bonus programme that are intended
“Biomethane has a significant role to to reinforce its priorities around greenhouse
play in the energy transition, and this facilities gas emissions reductions and lower-carbon
achievement advances our strategy as we efforts.
work to reduce emissions from the fuels and Kinetrex Energy, a Kinder Morgan company PHILLIPS 66, September 30, 2021

P14 www. NEWSBASE .com Week 39 30•September•2021