Carbon+Intel
Addressing Challenges in Carbon Capture, Storage Deployment
While the use of renewables, improved energy efficiency and electric vehicles are areas of focus, oil and natural gas will continue to be in demand for petrochemicals and fueling transportation by land, sea and air.
Chevron, JX Ink Deal to Collaborate on Carbon Capture and Storage Development
The agreement outlines plans to explore the feasibility of exporting carbon dioxide (CO₂) from Japan to CCS projects in Australia and other Asia Pacific countries.
Shell Weakens 2030 Carbon Emissions Reduction Target, Scraps 2035 Objective
Shell weakened a 2030 carbon reduction target and scrapped a "perilous" 2035 objective, citing expectations for strong gas demand and uncertainty in the energy transition even as it affirmed a plan to cut emissions to net zero by 2050.
Occidental's 1PointFive Strikes Deal with AT&T for Carbon Credit Purchase
Carbon capture firm 1PointFive said on Wednesday telecom company AT&T has agreed to purchase carbon dioxide removal credits as part of its goal to reduce emissions and become carbon neutral in its global operations by 2035.
CarbonCapture Raises $80 Million from Saudi Aramco, Others for Carbon Removal Technology
Los Angeles-based CarbonCapture, which aims to build machines that suck carbon dioxide out of the air to fight climate change, said it had raised $80 million from investors that include Saudi oil giant Saudi Aramco.
Bakken Drillers Push Back Against U.S. Carbon Pipeline Company's No Oil Recovery Promise
Summit Carbon Solutions is trying to build the biggest carbon dioxide capture pipeline in the United States to transport and bury greenhouse gases. The company has repeatedly pledged that its project will not be used by drillers to boost output from oil fields.
Williams Secures Nearly $1 Million for Carbon Storage Research in Wyoming
Oklahoma-based pipeline operator Williams Cos. has been awarded $975,000 in funding to study carbon capture and storage initiatives in Wyoming.
BP's Carbon Emissions Increase in 2023, Ending Decline Since 2019
BP said on Friday its overall carbon emissions climbed in 2023 for the first time since 2019 as the company started up new oil and gas projects and increased its production levels.
HVO: Fuel for the Future
The advancement of the energy transition is leading to a growing imperative to reduce carbon emissions in challenging-to-transform sectors. Various industries are adopting alternative fuels and embracing increased electrification to promote sustainable practices within the construction and extraction sectors. In this regard, hydrated vegetable oil (HVO) represents a pioneering alternative fuel source.
Sypris Awarded Contract for Gorgon Project's Carbon Capture and Storage Systems
Sypris Technologies, Inc., a subsidiary of Sypris Solutions Inc., has recently received an award to supply specialty high-pressure closures for use in the Gorgon Project to support the optimization of the existing carbon capture and storage facilities.
Valero Joins Summit's Carbon Capture Project, Extending Pipeline to 57 Ethanol Plants
Valero Energy is joining Iowa-based Summit Carbon Solutions' proposed carbon capture and storage project, which involves a pipeline spanning more than 2,000 miles across Iowa, North Dakota, South Dakota, Nebraska, and Minnesota.
Chevron Indefinitely Closes Two U.S. Midwest Biodiesel Plants as Profits Slip
Chevron has indefinitely idled two biodiesel production facilities in the U.S. Midwest, the company confirmed on Friday, citing poor market conditions.
EPA Excludes Existing Natural Gas Plants from Proposed Carbon Rule
The U.S. Environmental Protection Agency on Thursday said it will exclude existing natural gas power plants from its proposed carbon regulations that it plans to finalize in April, narrowing the scope of the initial proposal that would have required stringent controls on those facilities.
Germany Plans to Expand Carbon Capture and Storage, Including Sub-Seabed Transport
Germany will change its carbon dioxide storage law to allow carbon capture and off-shore storage for certain industrial sectors as Europe's biggest economy aims to become carbon neutral by 2045, Economy Minister Robert Habeck said on Monday.
Exxon, EnLink Midstream to Expand CCS Pipeline Transportation Along Gulf Coast
ExxonMobil and EnLink Midstream are exploring opportunities for EnLink to support ExxonMobil's carbon capture and sequestration (CCS) efforts beyond the southeast Louisiana Mississippi River Corridor into several additional Gulf Coast areas.
Evacuation Technologies to Reduce Methane Releases During Pigging
Due to the strong global warming potential (GWP) of methane (CH4), there is increasing attention on reducing its releases (both unintentional and intentional) into the atmosphere.
New York Pension Fund Tightens Restrictions on Exxon, Other Oil Companies
The New York State Common Retirement Fund would restrict its investments in eight integrated oil and gas companies including Exxon Mobil, after a review of the companies' readiness to transition to a low-carbon economy.
U.S. Government Plans Funding for Methane Reduction Projects in Oil, Gas Sectors
The U.S. Environmental Protection Agency (EPA) and the Department of Energy (DOE) released a notice of intent on Friday to help fund projects aimed at reducing methane emissions from the oil and gas sectors.
Pemex Platform in Mexico Leaked Clouds of Methane Even After UN Alert, Data Shows
State energy company Pemex released large volumes of methane from an oil platform in the Gulf of Mexico last year, with leaks recurring even after a United Nations agency flagged problems there to the Mexican government, according to a Reuters analysis of previously unreported U.N. data.
Italy's Snam Initiates Market Test for Hydrogen Demand, Seeks Interest in Carbon Capture Projects
Snam is officially launching a market test for hydrogen demand in Italy and a collection of expressions of interest for carbon dioxide (CO2) transport and storage, the gas grid operator said on Monday.
Germany Unveils $17 Billion Subsidy Plan for Hydrogen-Ready Gas Power Plants
Germany's government has agreed plans to subsidize gas power plants that can switch to hydrogen, the economy ministry said on Monday, with a price tag of $17 billion in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation.
Indonesia and Eni Partner on Decarbonization Initiatives
Indonesia's Energy and Mineral Resources Ministry said on Friday it had signed a memorandum of understanding with Italian energy group Eni to accelerate its decarbonization programs.
Delek's Big Spring Refinery Chosen for $95 Million DOE Carbon Capture Pilot Project
Delek US Holdings said on Friday the U.S. Department of Energy has selected its Big Spring refinery for a pilot carbon capture project and would provide up to $95 million of federal funding to support its development.
POET's U.S. Midwest Ethanol Plants to Join Summit Carbon Pipeline Project
POET LLC said on Monday the world's largest ethanol producer will partner with Summit Carbon Solutions to capture carbon dioxide emissions at 17 of its U.S. Midwest ethanol plants as part of Summit's multi-state pipeline project.
Power Plant Operator Drax to Launch Carbon Removal Business in Houston
British power plant operator Drax plans to establish an independent business focused on becoming the global leader in delivering large-scale and high-integrity carbon removal.
Global Pipeline Construction Outlook 2024: New LNG Terminals Sound Beckon Call for More Pipelines
(P&GJ) — It comes as little surprise to those in midstream that during the past year we have continued to see LNG initiatives garner more attention than pipeline projects. However, terminal construction drives new pipeline construction.
ABB, Imperial College Extend Carbon Capture Agreement
A dedicated carbon capture pilot plant will continue to train the net-zero workforce — as well as engineers and scientists of the future — following ABB and Imperial College London signing a 10-year partnership. Globally, the plant is the only one of its kind within an academic institution.
UAE's ADNOC Boosts Lower-Carbon Budget to $23 Billion
The state-owned Abu Dhabi National Oil Company said on Monday it would allocate $23 billion for decarbonization and lower-carbon projects, up from a previous $15 billion target.
Terra Natural Capital Launches to Scale Carbon Projects and Boost Natural Assets Investment
Terra was founded with the mission of delivering flexible financing solutions for carbon removal and reduction projects and providing both public and private organizations with access to high-integrity carbon credits at scale.
U.S. Proposes Fee on Methane from Big Oil and Gas Producers
The U.S. on Friday proposed a fee on emissions of methane from big oil and gas producers as required under the 2022 climate law and as a backstop to wider regulations on the greenhouse gas from energy operations.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- U.S. House Passes Bill to Reverse Biden's LNG Pause
- Mexico Orders Seizure of Hydrogen Plant at Pemex Oil Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- MEG Energy Confirms Trans Mountain Pipeline Expansion to Begin Line Fill in April