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 cement industry is exploring carbon capture technology to reduce its carbon footprint. -
The Swiss startup said it had raised a further $75 million from private investors to help fund technology that captures carbon dioxide directly from the air.
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The company started operating its mobile test facility for carbon capture at Preem’s refinery in Lysekil, Sweden.
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Total is stepping up its research into carbon capture, utilization, and storage technologies by signing a multiyear partnership with UK startup Cambridge Quantum Computing. This partnership aims to develop new quantum algorithms to improve materials for carbon capture.
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An investment decision this year would sanction Norway’s first CO2 storage project. Phase 1 is expected to be operational in 2024.
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Equinor and partners Shell and Total have completed the drilling of a confirmation well south of the Troll field in the North Sea. The purpose of the well is to determine the suitability of the reservoir for carbon dioxide storage.
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Salk’s Harnessing Plants Initiative will receive a $12.5 million gift from Hess to advance two projects to enhance plants’ natural ability to store carbon and mitigate the effects of climate change: the CO2 Removal on a Planetary Scale (CRoPS) program and the Coastal Plant Restoration (CPR) program.
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BP, ENI, Equinor, Shell and Total to develop Net Zero Teesside Project. The project aims to capture 6 mtpa of CO2 emissions.
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In the past, carbon capture and sequestration seemed to be going nowhere. Today, according to the Global CCS Institute, 19 large-scale commercial carbon capture and sequestration facilities are operating around the world, 10 of which are in the US.
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Chevron Technology Ventures has joined a consortium in a $16-million investment in a company that provides portable carbon-capture technology.
