Carbon capture and storage
The initial phase of the carbon capture and storage project has a capacity of 1.5 million tonnes per year, with a second phase—due online in 2028—expected to bring the storage capacity to 5 million tonnes per year.
BlackRock’s Global Infrastructure Partners moves to buy nearly half of the stake in Eni's CCUS subsidiary.
From 26 to 27 August, industry executives, policymakers, financiers, researchers, and technologists will gather in Malaysia to explore the full potential of CCUS.
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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?
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The two companies will focus on carbon capture technology along with carbon utilization and hydrogen production.
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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.