Carbon Capture
News
October 03, 2024
1PointFive, a subsidiary of Occidental, has secured $36 million in funding from the U.S. Department of Energy (DOE) to develop two carbon sequestration hubs in Texas and Louisiana.
News
September 16, 2024
The new name reflects the company’s focus on scaling up existing carbon capture technologies as well as its commitment to invest in research and development to ensure a pipeline of cutting-edge solutions that meet the evolving needs of industries worldwide.
News
September 10, 2024
The combined solution will address challenges in locating, re-entering and re-abandoning legacy wells that penetrate, or pass through, offshore oil and gas reservoirs or saline aquifers that have been earmarked to be repurposed for carbon dioxide (CO2) or hydrogen storage.
News
September 09, 2024
The UK government’s newly announced proposal to grant carbon dioxide transport and storage licenses to Liverpool Bay CCS Limited (Hynet) and Net Zero North Sea Storage Limited - the East Coast Cluster round Humberside and Teesside as been welcomed by the country’s largest offshore trade group.
News
September 05, 2024
The oil major plans to take as much as 2 million tons of CO2 emissions from CF Industries Holdings Inc.’s ammonia plant in Donaldsonville, Louisiana, and pump them into permanent storage in rock formations deep below the ground.
News
September 04, 2024
Worley and researchers at Princeton University’s Andlinger Center for Energy and the Environment have identified that a lack of trust between project stakeholders is slowing the pace of infrastructure delivery that is critical to net zero.
News
August 27, 2024
SLB’s new methodology for quantifying the probability and potential impact of carbon leakage helps customers understand the risks associated with each well, informing remediation strategies and ultimately estimating the project's long-term viability.
News
August 23, 2024
BP Berau Ltd. (bp) and Chubu Electric Power have expanded their collaboration to explore a carbon capture and storage (CCS) value chain between Japan's Port of Nagoya and the Tangguh field in Papua Barat, Indonesia.
News
August 22, 2024
The G-18-AP permit is offshore from Onslow, Western Australia, and covers an area of approximately 8,467 km2 with water depths of 50-1100 m. The permit area will be evaluated as part of a hub for storing third party emissions, including those from Chevron’s operated LNG assets.
News
August 20, 2024
The agreement is targeting at least 5 MMtpa of CO2 capture and storage capacity by 2030. Its scope includes a CO2 shipping and logistics study, geophysical and geomechanical modelling, reservoir simulation and containment research while exploring the application of advanced technologies, including artificial intelligence (AI), to enhance storage capacity.
News
August 15, 2024
Canada’s new green technology fund is putting as much as $100 million into a carbon-capture firm that’s backed by Chevron Corp. to help it commercialize its technology.
News
August 08, 2024
The new report examines market opportunities for CO2 utilization, techno-economic and life-cycle assessments of current technologies, research and development needs, potential policy and regulatory frameworks, and enabling infrastructure.
News
August 01, 2024
The project, which aims to remove 800,000 tonnes of carbon emissions annually, will also deliver permanent, verifiable and affordable carbon dioxide removals (CDRs).
News
July 26, 2024
The project aims to transport and store up to 500,000 metric tons of CO2 annually from CF Industries' nitrogen products complex, reducing the site's CO2 emissions by approximately 50%. The startup is planned for 2028.
News
July 15, 2024
Scheduled for release in early August, the carbon storage assessment is constructed from the largest subsurface library in the world comprising formation tops, petrophysically interpreted logs, and reservoir property maps, including the maximum carbon storage volume per formation.
News
July 10, 2024
Occidental, which is building a carbon-capture portfolio through its subsidiary 1PointFive, plans to build a fleet of plants that suck carbon dioxide directly from the air. Microsoft on Tuesday agreed to buy 500,000 metric tons of credits from the company’s Stratos plant in Texas, which is expected to start up next year.
News
June 26, 2024
Polaris and Atlas will build on the success of the Quest carbon capture and storage (CCS) facility at Scotford, which has safely captured and stored more than nine million tonnes of CO₂ since 2015 that would otherwise have been released into the atmosphere.
News
June 25, 2024
Summit Carbon Solutions has received the green light from Iowa regulators to construct the Midwest Carbon Express, a 688-mile pipeline spanning 29 counties.
News
June 24, 2024
Heirloom Carbon is banking on the region’s many oil workers contributing to its facility's buildout and operation thanks to their transferable skills with machinery and the wells needed to store carbon safely underground.
News
June 20, 2024
Units of Wintershall Dea AG, INEOS Group, Equinor ASA and Orsted AS are among the companies that were granted rights to explore whether the Danish subsoil is suitable for commercial CO2 storage and establish whether the process can be done safely and securely, the Danish Energy Agency said Thursday.
News
June 14, 2024
The new company will combine ACC’s amine-based Advanced Carbon Capture technologies, including Just Catch and Big Catch modular plant technologies for medium- and large-scale facilities, and Just Catch Offshore for offshore gas turbines, with SLB’s portfolio of technology solutions, including non-aqueous solvent and emerging sorbent-based offerings.
