Carbon capture and storage
The early enthusiasm for carbon capture and storage (CCS) is showing signs of strain as the limited capital availability and political support become clearer.
The two companies said they will evaluate the possibility of a joint venture to develop a direct air capture hub in South Texas, with XRG considering investing up to $500 million.
The plant at Heidelberg Materials’ cement facility in Brevik, Norway, has captured its first 1,000 metric tons of carbon dioxide.
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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. -
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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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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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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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.
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A carbon capture and storage (CCS) white knight has appeared on the horizon, and it is potentially a game changer. The US Congress has considerably expanded what was a modest and limited tax credit for CCS into something meaningful that ought to accelerate deployment of the technology.
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Inventys is receiving $2.6 million from Natural Resources Canada through its Energy Innovation Program to support the development of a 30-tonne-per-day carbon-dioxide-capture pilot plant at Husky Energy’s Pikes Peak South Lloyd thermal project.
