Sustainability
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 company has acquired Dublin-based Enviroguide Consulting in an effort to increase its focus on environmental concerns. -
Advantages for conversion of nonactive oil and gas wells to geothermal wells include deferred plugging and abandonment costs, safety and environmental concerns, and potential energy production.
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In an assessment of efforts to meet a key Paris accord target, the International Renewable Energy Agency said the energy transition was currently "off-track."
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This paper discusses a study that aimed to accelerate the conversion of CO2 and methane through biological means.
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This paper discusses an effort to prevent permanent loss of mangrove habitats using a long-term restoration strategy based on the transplantation of fertilized seedlings produced at mangrove nurseries in partnership with local communities.
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This study catalogs global gas/oil ratio data to identify currently produced light crude oils that could be rendered carbon neutral through the direct-air-capture mechanism.
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Research team pushes toward a framework for managing millions of abandoned oil and gas wells.
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Putting into action an agreement signed in 2022, the companies will collaborate on the project to test the emerging technology for producing geothermal energy.
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Under the new agreement, ExxonMobil will capture, transport, and store carbon from Nucor’s direct reduced iron plant in Louisiana.
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The innovations in the carbon removal space are gaining attention for their potential to curb global climate change, but they each face particular challenges in implementation.
