Carbon capture and storage
In a study that applied alternative carbon carrier technology to enhanced oil recovery (EOR) scenarios, researchers at The University of Texas at Austin found that the new method recovered up to 19.5% more oil and stored up to 17.5% more carbon than conventional EOR methods.
The spring Unified Agenda provides a snapshot of efforts to advance the president’s plans for fossil fuel exploration and infrastructure.
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.
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As with large-scale carbon-capture projects in Europe and in the US, the Canadian oil companies say they will need various forms of government support to help realize the goals of the Paris Agreement. -
Texas-based independent exploration and production company Talos Energy and UK-based clean energy group Storegga Geotechnologies have formed an exclusive joint venture to source, evaluate, and develop carbon capture and storage (CCS) projects along the US Gulf Coast and in the Gulf of Mexico. Areas under consideration include state and federal waters offshore Texas, L…
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Finding creative ways to drive down the CAPEX and discounted OPEX and define a realistic pathway and schedule to full-scale commercial operations is discussed.
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The facility would be the first of its kind in the US and is planned to be located in West Texas’ Permian Basin.
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The duo plans to launch projects that will lead to commercialization of applications and products, initially focusing on solid oxide fuel cell technology and lightweight gas-turbine technology.
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The planned LNG export facility will host a large carbon capture and storage project to enable the permanent geologic storage of more than 5 million tonnes of carbon dioxide per year.
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The international supermajor is looking to make Houston and the US Gulf Coast a major hub for carbon capture and sequestration. A recent peer-reviewed SPE paper offers insights on the type of formation the company may target if the project takes shape.
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The carbon tax endorsement was just one part of a broader plan the group said will be required to combat climate change.
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The duo also plan to develop and mature new technologies across the carbon-capture value chain.
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Occidental Petroleum’s CEO Vicki Hollub said she plans to transform her oil and gas business into a carbon management company and to break ground next year on a direct air capture facility that will suck carbon dioxide out of the atmosphere in the Permian Basin, the country’s most prolific oil field.
