Carbon Capture

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Texas Industry Urges EPA to Allow State to Approve Carbon Storage Projects

Carbon Capture, Energy Storage, Energy Topics & Technology, Latest, US News / By

(Reuters) – Texas oil, gas and industrial groups on Tuesday asked the new EPA administrator to speed up Texas’ request to approve carbon capture and storage projects instead of the federal government, to help boost private investment and unleash capture technology. The six groups, including the Texas Oil and Gas Association and the Texas Association …

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Norway Gets First Ship to Carry Waste Carbon to Undersea Storage

Carbon Capture, CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil / By

Gas will be stored on coast before being pumped below seabed Technology to trap and bury CO2 remains complex and costly The first ship in a 30 billion-kroner ($2.7 billion) plan to store emissions under the North Sea arrived in Norway as the country seeks to transform nascent carbon-capture technology into a commercial business. The Northern …

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Energy North: Top 10 Good News Stories About Canadian Energy in 2024

Carbon Capture, CDN and International News, Conventional Energy, Energy Commentary, Energy Topics & Technology, Latest, LNG, Methane, Natural Gas, Oil / By

Record oil production, more Indigenous ownership and inching closer to LNG By Deborah Jaremko It’s likely 2024 will go down in history as a turning point for Canadian energy, despite challenging headwinds from federal government policy.    Here’s some of the good news. 10. New carbon capture and storage (CCS) projects to proceed  In June, Shell announced it …

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Aramco, SLB and Linde Plan to Build Carbon Capture Project

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(Reuters) – Saudi oil giant Aramco, top oilfield services company SLB and Linde, the world’s largest industrial gases company, have signed an agreement to build a carbon capture and storage project in Jubail, Saudi Arabia. Aramco will own 60% of the project while SLB and Linde will hold 20% each, the companies said in a joint statement on …

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Trump Worries and Leader Absences Cloud COP29 Climate Summit in Baku

Carbon Capture, CDN and International News, Conferences, Emission Reduction, Energy Topics & Technology, Events, Latest / By

The annual U.N. climate summit began on Monday with some prominent leaders planning to skip the event ahead of tough talks on finance and trade, after a year of weather disasters that have emboldened developing countries’ demands for cash. Delegates gathering in Azerbaijan’s capital, Baku, hope to resolve the COP29 summit’s top agenda item – …

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From Oil to EVs, Here’s What a Trump Victory Means for Energy

Carbon Capture, Electric Vehicles, Energy Services, Energy Topics & Technology, Latest, Natural Gas, Nuclear, Oil / By

Win empowers him to attack climate policies he’s dubbed a scam Republican will also push policies to produce more oil and gas Donald Trump’s victory promises to shake up US energy and environmental policy, with sweeping implications for oil production, offshore wind development and electric vehicle sales. The win empowers him to deliver on his …

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Trump Hates Biden’s Climate Law But His Allies are Making Money From It

Carbon Capture, Energy Topics & Technology, Latest, Renewable Energy, Solar, US News, Wind / By

Summary Trump pledges rollback of Biden’s climate law as a top priority Trump allies, fundraisers benefit from the IRA’s key tax credits At least 7 allies, or the companies they run, hold investments in projects eligible for IRA subsidies WASHINGTON, Oct 25 (Reuters) – Donald Trump has promised to gut U.S. President Joe Biden’s climate subsidies if elected. But …

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Companies Are Dropping Carbon Offsets, But Still Buying the Worst Ones

Carbon Capture, Conventional Energy, Energy Topics & Technology, Latest, US News / By

Purchases of carbon offsets last year fell for the first time since 2016, according to an analysis of 260,000 publicly available transactions. (Corrects the percentage decrease in demand for offsets in the 2nd paragraph of a story originally published on Nov. 27, 2023, and related figures in the first two charts.) Carbon offsets once looked primed …

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Exxon Secures Over 271,000 Acres in Texas waters for Offshore CO2 Capture

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Exxon Mobil said on Thursday it has acquired state leases for over 271,000 acres in Texas state waters for an offshore carbon dioxide (CO2) capture operation. The lease with the Texas General Land Office follows Exxon’s 2021 bid for federal land off the Texas coast for CO2 capture, and its emergence as a high bidder on …

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Oil Industry Yet to Prove Carbon Capture Viable: Kerry

Carbon Capture, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Oil, US News / By

Kerry urges industry to back CCUS talk with workable projects Former climate diplomat helped broker fossil COP28 deal John KerryPhotographer: Benjamin Girette/Bloomberg John Kerry, the Biden administration’s former top climate diplomat, said the oil and gas industry must prove carbon capture can play a meaningful role lowering emissions or face a quicker-than-expected transition away from …

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