Carbon capture and storage
A new Xodus report finds that scaling CCS across Europe will require significant investment in dedicated CO2 shipping, port infrastructure, and hybrid transport systems—projecting a fleet of about 65 vessels, 33 ports, and rapidly increassing emissions transport by 2050.
The California Resources Corporation achieved the state’s first carbon dioxide injection into two depleted reservoirs with the potential to store 38 million tonnes.
Research by Enervus sees early 2026 permitting activity for the carbon capture and storage wells pointing to a growing approval queue, even while the rate of applications eases.
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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. -
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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A new white paper reports that Houston is better poised than anywhere else in the US to play a far more significant role in reducing emissions from industrial sources.
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The Biden administration wants green investment, jobs to stay stateside in emerging $23-trillion global market.
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The group of three companies says it is looking to provide solutions for a more alternative-energy-driven landscape.
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Carbon capture, utilization, and storage can play a role in attaining net zero emissions, helping the planet achieve climate goals, and increase oil and gas production at the same time.
