Texas

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.

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.

The Texas Railroad Commission is revisiting the state’s primary oil and gas waste regulations, which were last updated in 1984, to better align them with modern industry practices and rising demands for stronger environmental protections.

The energy infrastructure firm also purchased a North Dakota gas gathering system for $640 million.

Texas regulators are taking public comment about how they should implement an EPA rule to reduce methane leaks from the oil and gas industry.

The chair of the Texas Railroad Commission is defending her seat this November at a time when the state’s oil and gas industry is booming but the agency that regulates it is facing criticism over safety concerns.

The agreement with state officials comes more than 3 years after the supermajor proposed building the world's largest carbon storage hub offshore the Houston area.

The lawsuit claims federal regulators have undermined the Texas oil and gas industry by misusing environmental law, negatively affecting drilling and production.

Traditional oil extraction methods hit a snag in noncontiguous fields, where conventional flow-based EOR techniques falter. In southwest Texas, a producer faced imminent shutdown of its canyon sand field due to rapid production decline. Field tests using elastic-wave EOR determined whether the field could be revitalized or if a costly shut-in process was inevitable.

Texas has become an early hot spot for geothermal energy exploration as scores of former oil industry workers and executives are taking their knowledge to a new energy source.