carbon capture and storage
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Companies licensed to drill in the North Sea will report their findings to regulators under new powers brought forward in an Energy Bill amendment.
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Also: A report says Bitcoin mining could ease emissions. Haliburton is accelerating its clean-energy efforts, while insurer Chubb cracks down on methane. ExxonMobil and Linde team up in Texas. Shell plans to limit CO2 emissions in Dutch plants, and Drax presses pause on bioenergy in the UK.
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The technology and knowledge base of the E&P sector is poised to play a major role in the newer, lower-carbon energy economy.
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The first direct air capture facility will debut a few months late, but that’s not a big concern for its developer.
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The authors of this paper describe the development of a continuous monitoring solution throughout its deployment.
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Recently published research suggests that carbon dioxide stored underground will stay there for millions of years.
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The authors of this paper show the migration of a CO2 plume within a depleted carbonate reservoir and the expected effects of CO2 saturation and pressure buildups during injection on time lapse 4D seismic for conformance monitoring.
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Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and carbon capture, utilization and storage infrastructure, Rystad Energy research shows.
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A company plans to use compressed air to store energy underground in California. The US Postal Service makes a historic announcement. India and Brazil set their sights on green hydrogen, and ammonia cracking takes center stage in Germany.
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A big jump in the tax incentives offered for putting CO2 in the ground, hopefully forever, has set off a mad rush to sequester CO2. But is that really the best option?