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Carbon Capture/Storage

Schlumberger Rebrands as SLB, Dropping Family Name

Schlumberger Ltd. SLB 10.33% is changing its name to SLB, dropping the family name of the brothers who founded the oil-field services company nearly a century ago. The company said the punchier moniker, which is effective Monday, is meant to embrace its focus on new-age energy services, such as clean hydrogen and carbon-capture technology. The rebranding includes a new logo and comes as the company said it would focus on creating and…

Companies Rush to Cash In on EPA Rules for Capturing Methane Emissions

New Environmental Protection Agency rules promise to give a significant boost to what is becoming known as the methane mitigation industry. The EPA rules are expected to be finalized within the next year and would affect hundreds of thousands of wells, storage tanks and natural-gas processing plants. They could require companies to replace leaky, older equipment and buy new monitoring tools to sharply reduce emissions of methane, a planet-warming gas that traps more heat than carbon dioxide. The proposed…