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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A bipartisan group of senators introduced a bill to increase federal funding toward developing carbon capture technology while also committing to fossil fuel use. -
IPIECA, the oil and gas industry association for environmental and social issues, has released a new fact sheet in an effort to promote carbon capture and storage.
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The most recent report from the United Nation’s Intergovernmental Panel on Climate Change and December’s international conference on climate change held in Katowice, Poland, show that the world is not coming close to reaching the targets set in the landmark Paris Agreement of 2015.
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The Acorn Project will capture about 200,000 tonnes of carbon dioxide from the St. Fergus Gas Terminal and transport it for storage to one of three depleted gas fields using existing pipelines.
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Some of these technologies can be deployed now, but additional ones are needed to meet climate goals.
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A new analysis looks at what it would take for oil companies to start pumping millions of tons of carbon dioxide into their wells to boost crude production and what it would mean for the climate.
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Even with the wealth of experience already in place within the oil and gas industry, the obstacles to advancing CCS to the forefront of greenhouse gas mitigation technologies remain significant.
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Collaboration is critical to achieving recognition of the scope and value of carbon capture and storage and achieving acceptance for specific projects.
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Natural gas, coupled with carbon capture and storage (CCS), could provide cheap and reliable energy in the long term and mitigate climate change. Gas-to-wire (GTW) generates electricity from natural gas at or near the field. This study applies an integrated GTW/CCS scheme to a gas-production field.
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Norway has invited companies to submit bids to use subsea reservoirs to store carbon dioxide near the country’s largest oil and gas field, Troll.
