carbon capture and storage

The agreement aims to bring the efforts of both companies together to advance digital-enabled carbon-free floating power generation.

The floating production, storage, and offloading vessel is the first in the world with a postcombustion carbon capture pilot system.

Equinor will reduce investments in renewables over the next 2 years by 50% to $5 billion and will increase its focus on oil and gas production, expecting more than 10% growth from 2024 to 2027.

Chevron’s announcement comes on the heels of ExxonMobil’s announcement in December of a similar project to deliver natural gas-fueled electricity to US data centers.

The plant is designed to capture up to 100,000 tonnes of carbon dioxide annually for the Netherlands-based sustainable energy supplier Twence.

Aramco expects to complete Phase 1 construction of the 9-mtpa facility in 2027.

The objective of this study is to develop an explainable data-driven method using five different methods to create a model using a multidimensional data set with more than 700 rows of data for predicting minimum miscibility pressure.

Ineos, the day-to-day operator of Greensand Future, with its partners Harbour Energy and Nordsøfonden, has made a final investment decision into the first commercial phase, with storage operations set to begin by early 2026.

Chevron and ExxonMobil are working on deals to use natural gas and carbon capture to power the technology industry's AI data centers, executives with the companies said.

This paper examines the economics of carbon capture, usage, and storage projects, either standalone or in conjunction with large offshore gas projects, in Denmark, Indonesia, and Australia.