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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An investment decision this year would sanction Norway’s first CO2 storage project. Phase 1 is expected to be operational in 2024. -
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.
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A new study will identify the UK’s best sites and produce a roadmap for carbon storage to help the country reach its net zero targets, geologists say.
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ExxonMobil is planning to build and operate a carbon capture facility in southwest Wyoming, according to a permit application filed with the state's environmental regulatory agency in January.
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Carbon storage is perhaps the only viable option for reducing carbon to the levels that many governments have agreed are important, and EOR is the only proven technology that can be made ready in the time and at the scale required to accomplish this reduction worldwide.
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The companies will focus on research and development to reduce CO2 emissions and promote the circular economy.
