Carbon capture and storage
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 plant at Heidelberg Materials’ cement facility in Brevik, Norway, has captured its first 1,000 metric tons of carbon dioxide.
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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Carbon capture and storage, with the potential for usage, will be crucial if the world is to prevent global warming. While Norway has been injecting captured CO2 in saline aquifers since the mid-1990s, there has been no attempt, and no plans exist, in Europe to use CO2 for EOR. Why not? -
A new 1.0 Bcf/D facility in Baytown, Texas, is expected online no later than 2028.
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Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and carbon capture, utilization and storage infrastructure, Rystad Energy research shows.
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A big jump in the tax incentives offered for putting CO2 in the ground, hopefully forever, has set off a mad rush to sequester CO2. But is that really the best option?
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The sites with the most CO2 emissions to capture are often far from the best rock to sequester it, leading to design projects for transport ships.
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At a time when there are many models vying to be the one used to evaluate and plan carbon storage sites, the US Department of Energy wants to test one developed by SPE members.
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A critical challenge for those designing carbon dioxide storage sites is predicting where the injected gas will go. One of the only sure bets is to assume that any model of a gas plume that looks symmetrical is likely wrong.
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ADNOC lays out a $15-billion installment in its long-term plan to reduce its carbon footprint.
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Denbury acquires carbon-storage land in the South, Baker Hughes forms a new wells consortium, and Chevron and BP expand their investments. Hydrogen takes center stage across the globe, while the international energy transition makes strides toward its goals.
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A consortium of 20 organizations, REX-CO2, including research institutions, operators, and regulatory authorities, studied mature wells in two areas of the UK Continental Shelf. Subsurface data were evaluated and verified the wells’ potential suitability for both reuse and CO2 injection and storage.
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