Carbon capture and storage
Regulators pull from experiences in the oil and gas industry to define best stewardship practices for the nascent CCS industry.
This article is the fifth in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this edition, Shantanu Agarwal, founder and CEO of Mati Carbon, discusses how the company’s approach to carbon removal led to winning the Musk Foundation’s XPRIZE in 2025.
EERC CEO Charles Gorecki outlines how applied research in North Dakota is helping improve oil recovery, reduce emissions, and advance carbon storage.
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Consulting and engineering firm Wood is leading a joint industry partnership to create industry guidelines for carbon dioxide specifications to accelerate sustainable carbon capture, use, and storage projects. -
The $220-million carbon capture and storage project is one of the world's largest, with a nameplate injection capacity of 1.7 mtpa.
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The agreement with state officials comes more than 3 years after the supermajor proposed building the world's largest carbon storage hub offshore the Houston area.
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DNV’s Energy Transition Outlook 2024 projects continued growth in solar; slower growth in wind; and declines in coal, oil, and gas, while hydrogen and carbon capture projects are struggling.
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Occidental’s 1PointFive will receive up to $500 million from the Office of Clean Energy Demonstrations for the carbon-capture facility in south Texas.
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The Ravenna CCS project will capture, transport, and store carbon-dioxide emissions from Eni’s natural gas treatment plant in Casalborsetti, Italy, estimated to be approximately 25,000 tonnes per year.
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The facility for open-source carbon capture, transport, and storage has been completed.
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Stable policies and economics that encourage development are critical for scaling carbon capture.
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By repurposing Italy’s depleted Porto Corsini Mare Ovest offshore gas field for CO2 storage, Eni and Italian grid operator Snam have positioned the Ravenna CCS project to play a major role in the EU’s development of more than 50 mpta of CO2 storage capacity by 2030.
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Carbon storage specialist Storegga joins Petronas and ADNOC in a joint study to strategize the build-out of Malaysia’s offshore as a regional CCS hub.
