Carbon capture and storage
The early enthusiasm for carbon capture and storage (CCS) is showing signs of strain as the limited capital availability and political support become clearer.
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.
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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. -
The two companies will explore carbon capture solutions of various sizes over an initial 9-month evaluation period.
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The new project will use EnLink’s existing pipeline infrastructure and Talos’ newly acquired 26,000-acre sequestration area.
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The company believes its booking represents the industry's first to be made under SPE's CO2 Storage Resource Management System.
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Denbury gains exclusive rights to develop the site on 75,000 acres near Mobile, Alabama.
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The Gulf of Mexico explorer is building off its offshore learnings to scoop up early carbon capture and sequestrations projects on the US Gulf Coast.
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SponsoredImprove decision making and reduce the uncertainty of CCS projects with accurate, detailed subsurface insights that help you estimate storage capacity, run play chance mapping, improve your injection strategy, and simulate carbon plumes over time.
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The facility will be a commercial-scale CO2 sequestration hub in the DJ Basin.
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Exxon sets its sights on zero, while Thyssenkrupp aims squarely at hydrogen. The wind blows the world over, and the struggle to grab carbon and put it back in the ground continues. Are you trying to stay up to date about developments aimed at energy-transition efforts in our industry? This roundup of news recaps some recent announcements.
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The announcement means that the megascale carbon capture and storage project now has 14 large industrial players behind it. Still, it remains unclear when the project might get under way.
