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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The oil major said it will now work with Global Thermostat on technology that would remove carbon dioxide directly from the air. -
Phase 1 involved a feasibility study for a facility capable of capturing 750,000 tonnes of carbon dioxide annually. The next phase will explore building a facility capable of more than twice that amount.
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The project aims to identify risks and conduct operability and safety evaluations for the world’s first attempt at capturing carbon dioxide at sea.
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Oxy Low Carbon Ventures and Rusheen Capital Management have formed a development company to finance the world’s largest carbon-dioxide-capturing facility using Carbon Engineering’s direct air capture technology.
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Two technologies that may play a part in the decarbonization of the UK energy business are carbon capture, use, and storage and the use of hydrogen for energy transportation and storage. This approach builds on the UK’s gas-network infrastructure, which can be repurposed to avoid becoming stranded.
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The White House review of proposed rules for an expanded credit for capturing and storing carbon dioxide resulted in changes that give the IRS more time to take back the credits in case of carbon leaks.
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The cement industry is exploring carbon capture technology to reduce its carbon footprint.
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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.
