carbon emissions

Experts and industry leaders gathered in The Woodlands, Texas, recently to sift through the challenges of carbon capture, utilization, and storage. The puzzle is coming together, but some critical pieces are still needed before the results look like the picture on the box.

The Oil and Gas Climate Initiative (OGCI) and nonprofit Carbon Mapper announced they are teaming up to launch a new collaboration aimed at accelerating practical and measurable reductions in methane emissions from the oil and gas industry.

The planned facility was designed to process 34 MMcf/D of associated gas into fully refined gasoline.

A newly formed global coalition, Carbon Measures, aims to develop a ledger-based carbon accounting framework and champion market-based solutions to drive emissions reduction.

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.

The first phase of the Norwegian project is expected to receive its first carbon dioxide this year, with the second phase slated to start operations in late 2028.

The $220-million carbon capture and storage project is one of the world's largest, with a nameplate injection capacity of 1.7 mtpa.

This update highlights efforts to electrify oil and gas assets and deliver clean energy to remote, underserved communities. But the big question remains: Can we really achieve net zero emissions by 2050?

Stable policies and economics that encourage development are critical for scaling carbon capture.