Carbon capture and storage
The test marks a milestone in the Poseidon CCS project, which aims to store carbon dioxide in the depleted gas reservoir below the Leman development in the southern North Sea.
The storage permits, the first of their kind, allow the Stratos facility to move forward with plans to capture and store up to 500,000 tonnes of carbon dioxide per year.
The first phase of the Norwegian project is expected to receive its first carbon dioxide this year, with the second phase slated to start operations in late 2028.
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The international consultancy has agreed with Russia’s Rosneft to evaluate the state-owned major’s carbon capture potential.
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Talks between the operators of a trio of competing projects remain active as Canada looks to cut emissions by 40% over the next decade.
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The company said it expects to increase its annual carbon captured by approximately 1 million metric tons at its LaBarge facility with a $400 million investment.
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A report from the Global CCS Institute says North America’s continued front-runner status in carbon capture and storage (CCS) deployment is largely attributable to tax credits, stronger climate commitments, and an anticipated rise in demand for low-carbon energy products.
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The partnership aims to accelerate offshore CCS adoption with reliable, specialized CCS systems.
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Backed by Eni and BP, the two projects have been selected by the UK government to kick-start the country's effort to decarbonize industrial emissions.
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The world's largest plant that sucks carbon dioxide directly from the air and deposits it underground is due to start operating on 15 September, the company behind the nascent green technology said.
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Researchers form South Dakota Mines are studying microbial acceleration of carbon mineralization with extremophiles found at the Sanford Underground Research Facility.
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Purchasing carbon offsets is a widespread means of attempting to meet carbon-reduction and net-zero emissions goals across many industries. Also widespread is the increasing scrutiny of the practice. How “real” are the offsets? How are they quantified and verified, and by whom?
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This paper examines potential new options for the petroleum sector to contribute to emission reductions and the climate debate.