carbon capture and storage

Chief Executive Officer Ben van Beurden has the same message for activists seeking to bind Royal Dutch Shell to deep emissions cuts and investors concerned about the merits of shifting away from oil and gas: Trust me.

A carbon capture and storage (CCS) white knight has appeared on the horizon, and it is potentially a game changer. The US Congress has considerably expanded what was a modest and limited tax credit for CCS into something meaningful that ought to accelerate deployment of the technology.

Inventys is receiving $2.6 million from Natural Resources Canada through its Energy Innovation Program to support the development of a 30-tonne-per-day carbon-dioxide-capture pilot plant at Husky Energy’s Pikes Peak South Lloyd thermal project.

US Secretary of Energy Rick Perry and Khalid Al Falih, Saudi minister of energy, industry, and mineral resources, signed a memorandum of understanding to establish a framework for mutually beneficial cooperation in the area of clean fossil fuels and carbon management.

KBR announced it has been awarded the Concept and front-end-engineering-and-design contract by Statoil for its ground-breaking Northern Lights project to develop an onshore carbon dioxide storage terminal in Norway.

A subcommittee of the SPE Carbon Dioxide Capture, Utilization, and Storage Technical Section has published the Carbon Dioxide Storage Resources Management System document, which establishes technically based capacity and resources evaluation standards.

In March 2016, the SPE Board approved moving forward with work on a draft CO2 Storage Resources Management System (SRMS) by a subcommittee of the Carbon Dioxide Capture, Utilization and Storage Technical Section (CCUS). The subcommittee has completed the document which establishes technically-based capacity and resources evaluation standards.

Norway has an ambitious plan to take carbon capture and storage offshore to a level that could potentially see the country becoming a store for other’s emissions.

In the world of carbon capture, utilization, and storage technology, utilization is the driving factor. Three experts discussed the motivations, limitations, and challenges of CCUS at a dinner held by the Society of Petroleum Engineers CCUS Technical Section at SPE’s annual meeting.

Gassnova has assigned Statoil to evaluate the development of carbon storage on the Norwegian continental shelf. This will be the first storage site in the world receiving carbon dioxide from several industrial sources.