Carbon capture and storage
Regulators pull from experiences in the oil and gas industry to define best stewardship practices for the nascent CCS industry.
This article is the fifth in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this edition, Shantanu Agarwal, founder and CEO of Mati Carbon, discusses how the company’s approach to carbon removal led to winning the Musk Foundation’s XPRIZE in 2025.
EERC CEO Charles Gorecki outlines how applied research in North Dakota is helping improve oil recovery, reduce emissions, and advance carbon storage.
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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. -
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.
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Equinor will use the semisubmersible rig Transocean Enabler, which is already under contract, for the work planned for later this year.
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The largest oil company in the US said it's prepared to make a $15-billion down payment to achieve net-zero operational emissions by 2050.
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Gas processor Lucid Energy is moving forward with a plan to inject a mix of carbon dioxide and hydrogen sulfide deep below New Mexico’s portion of the Permian Basin. The project is designed to keep injecting for 30 years.
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SPE Canada held its first carbon capture, utilization, and sequestration (CCUS) workshop in May 2021. The workshop in Calgary enabled SPE members, CCUS-focused entrepreneurs, finance providers, and policy makers to share knowledge related to emissions issues, policy, economics, technology development, and geologic considerations.
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Selling reservoirs’ empty pore space may become a new, big business.
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While the world focuses on carbon dioxide—its problems and its uses—many are looking at how to move it around. Fortunately, a pipeline infrastructure already exists. Unfortunately, the pipelines were made for natural gas and not enough is known about how that infrastructure can handle carbon dioxide.
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Moji Karimi, CEO of Houston-based startup Cemvita Factory, talks about the status of oil and gas investments in the emergent technology arena of carbon capture, utilization, and sequestration.
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Companies join forces in carbon capture project near LNG facility.
