Carbon+Intel
Enbridge Sees Higher 2023 Profit, Joins Occidental on Carbon Capture Project
Canada's biggest pipeline operator Enbridge Inc. on Wednesday forecasted higher 2023 core earnings, banking on sustained high demand for oil and gas amid tight supplies.
Exxon to Exit Africa in Crude Phaseout, Eyeing Low-Carbon Natural Gas Options
Exxon's departure reflects a wider move by major oil producers to reduce crude production in West Africa and shift investments to lower-carbon natural gas development on the continent, and to more lucrative projects in the Americas.
US Proposes Rules to Limit Methane Leaks from Public Lands Drilling
The U.S Interior Department's Bureau of Land Management on Monday proposed rules to limit methane leaks from oil and gas drilling on public lands, the latest move by the Biden administration to crack down on the potent greenhouse gas.
TotalEnergies, Air Liquide to Produce Low-Carbon Hydrogen in France
Industrial gases company Air Liquide and TotalEnergies plan to produce low-carbon hydrogen at the Grandpuits site in France, the pair said on Tuesday, as France looks to increase its sources of renewable energy.
Carbon Capture Not Ending Pipeline Woes
(P&GJ) — With growing demand and government incentives to develop more carbon capture and sequestration (CCS) capacity, some of the biggest U.S. pipeline projects now on the drawing board are designed to transport CO2 from source to storage.
Canada, Nigeria Target Oil and Gas Methane Emissions with New Laws
Oil and gas producers Canada and Nigeria have become the latest countries to tackle the potent greenhouse gas methane with laws to rein in emissions in the fossil fuel energy sector.
Chevron, MOL to Study CO2 Shipping from Singapore to Australia
(P&GJ) — Chevron Corp. has signed joint study agreement with Mitsui O.S.K. Lines Ltd. (MOL) to study the feasibility of transporting liquified carbon dioxide from Singapore to permanent storage locations offshore Australia.
Mauritania and BP to Explore Green Hydrogen Projects
BP has signed an agreement with Mauritania to explore ways to develop low-carbon hydrogen on a large scale in the West African country, the British energy company said on Tuesday
Nikola, KeyState to Develop Pennsylvania’s First Low-Carbon Hydrogen Value Chain
Electric vehicle maker Nikola Corp. said on Monday it was working with KeyState Natural Gas Synthesis to create Pennsylvania state's first low-carbon hydrogen production supply chain.
Schlumberger, Linde to Collaborate on Carbon Capture Projects
(P&GJ) — Schlumberger and Linde have entered into a strategic collaboration on carbon capture, utilization and sequestration (CCUS) projects to accelerate decarbonization solutions across industrial and energy sectors.
Exxon Mobil Taps EnLink’s Pipeline Network for Louisiana Carbon Capture Project
(P&GJ) — Exxon Mobil has signed an agreement with EnLink Midstream to use EnLink’s transportation network to deliver CO2 to its 125,000-acre storage location in Vermilion Parish, Louisiana. CF Industries is investing $200 million to build a CO2 dehydration and compression unit at its Donaldsonville, Louisiana, facility to enable the captured CO2 to be transported and stored.
Carbon America to Develop Carbon Capture and Sequestration Project in Nebraska
(P&GJ) — Carbon America plans to install carbon capture equipment that will extract CO₂ from the ethanol production process and transfer the gas via a new carbon dioxide pipeline to an underground geologic sequestration site near the plant.
Belgian, Danish Governments Clear Way for Europe’s First Trial of CO2 Storage in North Sea
(P&GJ) — Ministers from Belgium and Denmark have entered into a ground-breaking agreement to enable captured CO2 to be shipped across their boarders to be permanently stored in a sandstone reservoir 1,800 m (5,905 ft) beneath the seabed of the Danish North Sea.
Expert Keynote Speakers Talk CCUS and Tax Credits at GEI’s Carbon+Intel Forum
Global experts and professionals in the carbon capture, utilization, and storage (CCUS) space, which is experiencing rapid growth, gathered together Wednesday on day one of Gulf Energy Information’s two-day Carbon+Intel Forum in Houston.
EPA Approves First-of-its-Kind Permanent Carbon Sequestration Plan in Permian Basin
(P&GJ) — Stakeholder Midstream's Pozo Acido well’s proximity to the most prolific interstate CO2 pipelines in the United States, such as Kinder Morgan's Cortez pipeline, allows Stakeholder to provide carbon sequestration to third parties in the Permian Basin and beyond.
Sustainability: Energy Company ESG Efforts
(P&GJ) — Late in 2021, a global energy think tank at Columbia University held a private workshop with representatives from the national and international oil, financial, consulting and nongovernment organization (NOC) sectors, along with academia, to better understand the dynamics and impact of the global sustainability movement on the energy space.
Reducing Carbon Footprints at Oil, Gas Infrastructures
(P&GJ) — The energy and resources industry is undergoing one of the most significant shifts in generations. This transition is toward green energy – or renewable energy created from natural resources – that does not release greenhouse gas (GHG) emissions during production.
Equinor, Wintershall Dea Consider Building 560-Mile Pipeline to Capture CO2 Under North Sea
Equinor and Wintershall Dea eye the construction of a 900-km (560-mile) long pipeline to transport CO2 from northern Germany to storage sites offshore Norway before 2032. The pipeline is expected to have a transport capacity of 20 million to 40 million tonnes of CO2 per year.
Occidental to Begin Construction on Direct Air Carbon Capture Facility in Permian Basin
The direct air capture plant will be the world’s largest of its kind and is expected to capture up to 500,000 metric tons of carbon dioxide per year once operational with the capability to scale up to 1 million metric tons per year.
Inpex, Woodside, TotalEnergies Score Acreage for CCS Studies Offshore Australia
Australia has awarded Japan's Inpex Corp., France's TotalEnergies and Woodside Energy Group offshore acreage permits for assessing carbon emissions storage as the government pushes to speed up emissions reductions.
Oil Industry Ready to Tap $430 Billion Climate Fund for Carbon Capture Projects
Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas proponents, offsetting startup costs for some of the anti-pollution initiatives.
BP Drills Appraisal Well in Texas for Carbon Capture and Storage
BP has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said on Monday.
Conceding to Manchin, US Climate Bill Eases Methane Fees on Oil Industry
The U.S. Senate climate bill’s fee on oil and gas industry methane emissions will cover less than half the sector’s releases of the greenhouse gas, thanks to concessions made to win over party holdout Joe Manchin, according to a review of the legislation and interviews with lawmakers that negotiated it.
CapturePoint, Energy Transfer to Evaluate Haynesville Carbon Capture Project
CapturePoint Solutions LLC has signed a letter of intent with Energy Transfer to participate in a feasibility study to capture CO2 emissions from natural gas production facilities in the Haynesville shale.
CapturePoint Submits Proposal to Build Carbon Capture Facility in Louisiana
Privately-backed CapturePoint LLC has applied to build a carbon capture storage facility in Rapides Parish, Louisiana, roughly 90 miles north of Lafayette, according to a filing with the Environmental Protection Agency.
Equinor, Fluxys Plan to Build 620-Mile Pipeline for Offshore Carbon Capture and Storage
Norway's Equinor and Belgium's Fluxys plan to build a 1,000-km (620-mile) pipeline to transport CO2 captured on the European continent for storage underneath the North Sea, the two companies said on Wednesday.
US Energy-Related CO2 Emissions Rose 6% in 2021
In 2021, U.S. energy-related CO2 emissions increased by 296 million metric tons (MMt), or 6%, compared with 2020 levels. This increase followed a rise in economic activity and energy consumption once the initial economic impacts of the COVID-19 pandemic began to subside.
Rethinking Practices Can Reduce Carbon Footprint for Pipeline Projects
The push to reduce global greenhouse gas (GHG) emissions is at the forefront as we continue to close in on our 2050 net-zero targets set by the Paris Agreement. Governmental agencies for countries pledged to the cause are clamping down on companies to aid them in their efforts.
Shell Plans to Build Larger Ships for CO2 Transport Over Longer Distances
Shell is building larger vessels that can carry more carbon dioxide over longer distances as part of the company's plans to expand its carbon capture storage (CCS) business globally, the oil major said.
POET Plans to Fast-Track Ethanol Climate Goals with Midwest Carbon Pipeline Project
Ethanol producer POET said it hopes to meet some of its climate goals early as a result of a new partnership it announced this week with a Midwest carbon capture and storage pipeline.
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Texas Oil Pipelines Near Max Capacity, Threatening Future Export Limits
- Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal
- U.S. Court Overturns FERC Approval for NextDecade’s $18 Billion Rio Grande LNG Project
- Saudi Arabia Looking to Expand Pipeline to Reduce Oil Exports via Gulf
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Puerto Bahia, Gasco to Build Liquefied Petroleum Gas Facility in Cartagena, Colombia
- Sempra's Costa Azul LNG Project Delayed by Labor Issues
