Decarbonization
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.
The times are changing and so are our industry’s prospects, as hydrocarbons are now recognized as cardinal to affordable energy security for the conceivable future. But, in avoidance of suspense, the answer to the headline question is “absolutely.” Here we look at the rationale why.
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The funding is aimed at helping connect sources of carbon dioxide to locations for geologic storage and conversion through multiple transport modes. -
The research could improve climate models and inform carbon sequestration.
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The hub acreage is located in state waters of Cameron Parish.
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Fourteen companies scooped up the licenses to sequester carbon in depleted oil and gas reservoirs and saline aquifers offshore UK.
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The $1-billion carbon capture project in Texas is revived after a 3-year hiatus.
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Government and industry leaders support the oil and gas industry's role in the energy transition.
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The Habshan project aims to capture and sequester 1.5 million tonnes of carbon dioxide per year.
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While innovative solutions are being examined for decarbonization, there is one topic that is rarely emphasized as a key driver in the path toward a more-sustainable future—brownfield optimization.
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Wave power plus a subsea battery can be a reliable source for subsea operations, to a point.
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Understanding the subsurface is crucial to the success of carbon capture and storage, and digital solutions are essential for an accurate analysis of the subsurface being considered.
