carbon capture and storage

Chemicals giant Dow Inc., one of Western Canada’s top natural gas customers, has sanctioned an integrated ethylene cracker and derivatives complex in Alberta, which it said would be the first of its kind to reduce direct and indirect carbon emissions to net zero. The estimated US$6.5 billion brownfield investment, dubbed Fort Saskatchewan Path2Zero, is expected…

Choking off the world’s oil and natural gas supply will slow instead of speed ambitions toward achieving net-zero carbon emissions, ExxonMobil CEO Darren Woods warned earlier this month.  In his address at the Asia-Pacific Economic Cooperation’s CEO summit, Woods shared how ExxonMobil’s view of climate change has evolved over three decades, from skeptic to believer.…

Competitive Power Venture Inc. (CPV) has proposed a 1,800 MW combined-cycle natural gas power plant in West Virginia that could be the state’s first to utilize carbon capture and storage (CCS) infrastructure. CPV announced the potential $3 billion investment in Charleston, WV, earlier this month alongside Sen. Joe Manchin (D-WV). Maryland-based CPV also disclosed the…

The Australian government plans to invest in the Northern Territory in the coming years to transform the region into a liquefied natural gas (LNG), hydrogen and manufacturing hub as global energy supplies tighten. The government intends to invest $2.6 billion in infrastructure projects across the territory, including a $1.5 billion investment in the Middle Arm…

Oklahoma City-based LSB Industries Inc. is taking initial steps to bring carbon capture and sequestration (CCS) to its natural gas-fed chemicals producing plant with Cresta Fund Management LLC-backed Lapis Energy. Lapis, a carbon management company, plans to fund 100% of the capital and operations expenditures to develop the CCS project at LSB’s El Dorado, AR,…

Navigator CO2 Ventures LLC said Wednesday it has entered a long-term agreement to supply carbon dioxide (CO2) capture, transportation and storage services to Siouxland Ethanol LLC on Navigator’s Heartland Greenway carbon capture and storage (CCS) system. Navigator reached a final investment decision last fall on Heartland Greenway, a 1,300 mile CCS pipeline that would traverse…

Supported by a thermal power generating utility, Enbridge Inc. has launched the fifth proposal for an Alberta carbon capture and storage (CCS) hub to satisfy Canadian climate change policy that demands net-zero emissions by 2050. Enbridge recently announced a cooperation agreement for a CCS cleanup of Capital Power Corp.’s 1,200 MW Genesee site southwest of…