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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This paper provides a comprehensive study for offshore carbon-dioxide (CO2) storage projects, identifying critical elements for estimation, injection, containment, and monitoring of CO2 plumes. -
The Mammoth project follows the company’s proven Orca model but will scale up the CO2 capture capacity to 36,000 tons per year.
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The deal with Manulife gives Oxy unit 1PointFive access to 27,000 acres of subsurface pore space for carbon sequestration.
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The new areas are expected to make a significant contribution to the government’s target of capturing and storing 20 million–30 million tonnes of carbon dioxide per year.
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Sempra lands partners for a CCS deal in Louisiana, while Shell eyes newbuild ships for CCS transport. An offshore alliance targets floating wind technology, and global hydrogen projects gain momentum in the UAE, Africa, and Brazil.
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Chevron, Talos, and Carbonvert have finished the documentation and closed the joint venture for the carbon capture and storage project on the Gulf of Mexico coast.
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What You Should Know About Offshore and Sour Gas CCS: High Cost, Leak Mitigation, and TransportationSoutheast Asia promises to be a compelling case study in how oil and gas producers will soon face the realities of scaling up carbon capture and storage projects.
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Hydrogen fuels, storage, and production projects are on the go, while CCS and wind projects receive significant international boosts from the likes of INPEX, Chevron, Equinor, and Eni and Amazon splashes cash for more than three dozen renewables projects.
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The companies plan to capture CO2 from Linde's hydrogen liquefication plant in the Houston area and inject it into multiple storage sites.
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Will CO2 storage resources increase the valuation of oil and gas companies and counterbalance environmental, social, and governance pressure?
