Carbon Capture
News
January 30, 2023
The low-carbon hydrogen, ammonia and carbon capture facility in Baytown, Texas, will produce 1 billion ft. of low-carbon hydrogen per day. It will also capture over 98% of related CO2 emissions, which is around 7 million metric tons per year.
News
January 27, 2023
The deals state that both companies will define the maturation of technical scopes for the CCS value chain. They will jointly evaluate previously identified fields for CO2 storage utilization while developing a commercial framework.
News
January 19, 2023
The project, which is expected to begin injecting CO2 in Q2 2023, marks another important step in ADNOC’s commitment to decarbonize its operations, reduce its carbon intensity by 25% by 2030 and deliver on its net zero by 2050 ambition.
News
January 17, 2023
The project, due to commence in January 2023, will use 44.01’s Earthshot prize-winning Carbon Capture and Mineralization technology to eliminate CO2 from the atmosphere. It will be the first CCM project by an energy company in the Middle East.
News
January 16, 2023
Wintershall Dea is a partner in the Greensand project, which will see the entire CSS value chain realized across borders to an offshore storage site for the first time on the European continent.
News
January 05, 2023
ADNOC will make the investments, according to the government. The state-owned company will look at international partnerships and carbon capture to expand a cleaner-energy unit established last year.
News
January 04, 2023
The proposed carbon storage hub would be connected to a transportation line that would initially gather captured CO2 from an anticipated 14 oil sands facilities in the Fort McMurray, Christina Lake and Cold Lake regions.
News
January 03, 2023
Building on its broad experience in liquefied natural gas and offshore technologies, Baker Hughes will deliver a state-of-the-art compression solution with minimized footprint and weight, as well as a power density allowing for larger flows per unit and best-in-class efficiency.
News
December 29, 2022
The agreement will see the companies examine the potential to supply renewable electricity from Ørsted’s Hornsea offshore windfarm projects to power future Neptune-operated hubs in the UK North Sea.
News
December 27, 2022
Talos will have more favorable interest rate margins, an increased letters of credit sub-limit, increased flexibility to grow its carbon capture and sequestration ("CCS") business and more favorable administrative terms.
News
December 20, 2022
Carbon-Zero US, Cox Operating, Crescent Midstream and Repsol announced a partnership to develop one of the Gulf Coast's largest offshore hubs for the permanent storage of carbon dioxide.
News
December 15, 2022
The DOE announced $3.7 billion of funding to back projects that remove carbon dioxide from the atmosphere. The programs now open the door to the use of taxpayer dollars to fund carbon capture projects that produce fossil fuels through a process known as enhanced oil recovery. It’s a significant shift that promises more funding options for crude production.
News
December 15, 2022
The investment includes a $10.64 million commitment made by ING Corporate Investments. The deal also includes a further $5.32 million co-investment from existing shareholders Shell Ventures, Chevron Technology Ventures, Evonik Venture Capital and HydrogenOne Capital Growth Plc (HydrogenOne).
News
December 13, 2022
The goal of this innovation is to enable businesses to make evidence-based decisions in support of adopting carbon management strategies that optimize and accelerate sustainable operations.
News
December 12, 2022
Saudi Aramco is talking with potential backers for its $110 billion Jafurah gas development as the oil producer plans to exploit one of the world’s largest unconventional gas fields.
News
December 06, 2022
Abu Dhabi National Oil Company (ADNOC) is accelerating operationalization of its board mandated low carbon growth strategy, by establishing a new low carbon solutions and international growth vertical that will focus on renewable energy, clean hydrogen and carbon capture and storage, as well as international expansion in gas, LNG and chemicals.
News
December 05, 2022
Israeli startup RepAir has secured $10 million from climate venture firm Extantia Capital and the venture arms of European oil and gas giants Shell Plc and Equinor ASA to help scale up its technology to suck planet-warming carbon dioxide out of the air.
News
November 29, 2022
The Biden administration moved Monday to stifle methane releases from oil and gas wells on public land after a federal court tossed out earlier requirements.
News
November 23, 2022
New guidance launched by Offshore Energies UK (OEUK) on Wednesday helps industry decommission North Sea oil and gas wells, so that subsurface formations like reservoirs can be repurposed as part of the infrastructure used to permanently store carbon dioxide (CO2) offshore.
News
November 14, 2022
Chevron Corp. company sees potential for geological formations such as those at its Gorgon liquefied natural gas facility in Western Australia to be used for storage of third-party emissions from Asia.
News
November 10, 2022
TÜV SÜD National Engineering said it has secured government funding to build the UK’s first gaseous CO2 flow measurement facility to provide meter traceability for carbon capture utilization and storage deployment.
