carbon capture and storage
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The memorandum of understanding with Microsoft follows a conditional investment decision made in May by Equinor, Shell, and Total. Pending Norwegian government approval, the final investment decision for the project is expected in late 2020 with startup expected in 2024.
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Eni plans to reuse depleted hydrocarbon reservoirs in Liverpool Bay to permanently store CO2 captured in northwest England and North Wales.
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The author of The Prize talked recently about his newest book on the energy transition and what he sees as the most dynamic forces shaping the things to come.
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DNO announced that it has brought its gas capture and injection program online in the Kurdistan region of Iraq. Already reaching the milestone of 1 Bcf of gas injected, the project is expected to reduce annual emissions from the company’s production by more than 300,000 tonnes of CO2 equivalent.
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The project aims to identify risks and conduct operability and safety evaluations for the world’s first attempt at capturing carbon dioxide at sea.
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The common energy transition story that we’ve been told is that eventually renewable energy sources will replace oil and gas completely. What’s the problem with oil and gas? CO2 emissions. CCUS allows us to turn this problem into an opportunity.
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As the company aims to become carbon net zero by 2050, it is undertaking a three-pronged approach focused on transforming its core, investing for growth, and positioning for the future.
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Tellurian CEO Meg Gentle outlined how the US LNG market should address expected tight market conditions through 2025 while managing a transition to a carbon neutral environment.
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Winning innovators focused on environment, safety, and operational efficiency.
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Oxy Low Carbon Ventures and Rusheen Capital Management have formed a development company to finance the world’s largest carbon-dioxide-capturing facility using Carbon Engineering’s direct air capture technology.