December 2021, Vol. 248, No. 12


Carbon+Intel: New Dawn of Carbon Capture, Transportation and Storage

By Jeff Lee, principal consultant, Kronos Management    With ever-sharpening focus from investors, shareholders and government on climate issues, oil and gas companies around the world are increasingly on the defensive to justify their businesses and adjust their operations to reduce carbon footprint and cut greenhouse gases.  Figure 1: CO2-EOR schematic Some argue that instead of resisting this macroeconomic shift, oil and gas companies should adjust their business model to capture the entire value chain by selling carbon fuel and capturing/storing waste carbon, merging “Big Oil” with “Big Sink.”    There is an array of green initi

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