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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The two companies will focus on carbon capture technology along with carbon utilization and hydrogen production. -
As the announcement of carbon sequestration projects becomes the norm, it’s time we look at what we know from a technical angle about how these projects need to be run based on the industry’s experience with enhanced oil recovery.
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The US oil and gas company said it signed a letter of intent with the US midstream operator to explore commercializing a CO2 transportation and storage network.
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Companies want to build pipelines to capture and store carbon, but a new report warns that regulators aren’t prepared.
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Supermajors continue to align their goals with a net-zero future while strides are made across the globe to add CCS, solar, and wind projects to help achieve ambitious green energy goals.
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Oxy aims to combine crude oil with environmental attributes generated from the sequestration of atmospheric CO2 captured with its planned direct-air-capture plant and sequestered in its enhanced-oil-recovery reservoirs in the Permian Basin.
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Research conducted by Rystad Energy indicates that spending on carbon capture and storage will quadruple in the next 3 years.
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New lease agreements have secured more than 700 million metric tons of potential CO2 sequestration capacity.
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Storing captured carbon requires a receptacle, and existing reservoirs are just the thing. But which ones?
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Stunningly ambitious plans to create global carbon capture and storage that rivals the scale of today’s oil and gas production will require a host of technical skills to determine if it is even possible.
