carbon capture and storage
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DNV’s carbon capture and storage outlook forecasts a massive shortfall in the projects necessary to help the world reach net-zero emissions by 2050.
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This paper describes the use of coiled tubing in a pilot project for carbon dioxide injection, enabling evaluation of the conversion of an existing oil field for CCS purposes and derisking storage-development uncertainties before having to cease hydrocarbon production.
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The early enthusiasm for carbon capture and storage (CCS) is showing signs of strain as the limited capital availability and political support become clearer.
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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.