carbon capture and storage
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The two companies said they will evaluate the possibility of a joint venture to develop a direct air capture hub in South Texas, with XRG considering investing up to $500 million.
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The plant at Heidelberg Materials’ cement facility in Brevik, Norway, has captured its first 1,000 metric tons of carbon dioxide.
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Tariff-fueled cost uncertainties have left the future of low-carbon hydrogen generation up in the air.
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The vessel is expected to be delivered by the end of the year, while the project's new port in Esjberg is on target for completion this autumn.
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The agreement calls for approximately 2.3 million metric tons of carbon dioxide to be securely stored per year at 1PointFive’s Pelican Sequestration Hub in Louisiana.
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The UK North Sea Transition Authority has awarded the required permits for the East Irish Sea project, and the project has reached financial close. The carbon capture and storage project is expected to receive its first carbon dioxide in 2028.
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The full potential of data can only be realized when it is viewed not in isolation but as part of the dynamic triad of hydrocarbons, the data, and the people who interpret it and act on it.
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The SPE Asia Pacific and OTC Asia team recently completed a series of courtesy visits in Indonesia, reinforcing their commitment to strengthening ties with key industry stakeholders. These engagements highlight SPE’s ongoing efforts to align regional priorities and collaborate on opportunities that shape the future of the energy sector.
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The test marks a milestone in the Poseidon CCS project, which aims to store carbon dioxide in the depleted gas reservoir below the Leman development in the southern North Sea.
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The storage permits, the first of their kind, allow the Stratos facility to move forward with plans to capture and store up to 500,000 tonnes of carbon dioxide per year.