Decarbonization
This paper describes the operator’s initiative to reduce greenhouse-gas emissions and recover additional hydrocarbon, monetizing it as sales gas, by integrating upstream and downstream gas facilities in a unified approach.
This paper highlights the effects of tax credits on business operations for midstream companies in the Permian Basin.
This paper introduces a field-deployable, trailer-mounted liquefaction system engineered to convert flared or stranded gas into low-carbon liquefied natural gas.
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Mosaic’s technology uses chemistry to remove carbon dioxide from emissions sources, and the two firms will be looking at how to scale it for industrial use. -
It is “one of the world’s largest greenhouse gas mitigation projects ever undertaken by industry,” Chevron said in a news release.
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Using direct air capture in the near-term is critical if the technology is going to be affordable at a truly large scale in the coming decades. Enhanced oil recovery is the most-economic way to do that.
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BHP announced a 5-year, $400-million Climate Investment Program to develop technologies to reduce emissions from its operations as well as those generated from the use of its resources.
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In recent years, some effort has been made to use EOR techniques, particularly CO2 injection, to extract additional oil and gas from unconventional resources. This has the potential to change the dynamics (again) of oil production from these tight and difficult reservoirs.
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The oil industry is investigating carbon capture and sequestration projects after Congress passed expanded tax credits last year. But questions linger about how much industry investments will actually lower greenhouse gases.
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A bipartisan group of senators introduced a bill to increase federal funding toward developing carbon capture technology while also committing to fossil fuel use.
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The US Department of Energy has announced up to $20 million in federal funding for cooperative agreements that will help accelerate the deployment of carbon capture, utilization, and storage.
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The investments highlight the first significant collaboration between the air-capture field and energy industry leaders.
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IPIECA, the oil and gas industry association for environmental and social issues, has released a new fact sheet in an effort to promote carbon capture and storage.
