carbon capture

Colorado-based Carbon America has inked a deal for a project to capture and store about 175,000 tons/year of carbon dioxide (CO2) from the Bridgeport Ethanol LLC production facility in Nebraska. The figure is equivalent to 95% of total emissions from the facility’s fermentation process, and would have the annual impact of taking 38,043 passenger vehicles…

Suncor Energy Inc. plans to sell its wind and solar portfolio for C$730 million ($547 million) to a subsidiary of Calgary-based Atco Industries Inc. Suncor CEO Kris Smith said the transaction with Canadian Utilities Ltd. (CUL) “streamlines our portfolio” to focus on oilsands, refining, hydrogen, renewable fuel, and carbon capture and storage (CCS). CUL Vice…

Climate technology company CarbonCapture Inc., which develops direct air capture (DAC) systems, has set a goal with carbon storage developer Frontier Carbon Solutions to permanently remove 5 million metric tons/year of atmospheric carbon dioxide (CO2) from Wyoming by 2030. The state was selected for the carbon sequestration project because of the “broad availability of renewable…

The Inflation Reduction Act of 2022 (IRA) could more than double the amount of carbon dioxide (CO2) emissions that can economically be abated via carbon capture, storage and utilization (CCUS), according to modeling by Enverus. Natural gas-fired power plants, oil refineries and upgraders, as well as cement production, are among the emitting sources that would…

Amid the Golden State’s latest strike against oil and natural gas leasing, the state’s largest producer, California Resources Corp. (CRC), said it would launch a carbon capture, storage and sequestration (CCS) venture to curb 5 million metric tons/year (mmty). Last week, CRC disclosed a joint venture (JV) with Brookfield Renewable Partners LP, which contributed $500…

FERC has suspended its environmental review of the CP2 liquefied natural gas (LNG) export project in Louisiana and a pipeline that would feed it, citing a lack of information to complete the process. The Venture Global LNG Inc. project had been scheduled to receive a draft environmental impact statement (EIS) this month and a final…

Twelve global natural gas and oil majors are backing what could be Pennsylvania’s first carbon capture and storage (CCS) project. Under the auspices of decarbonization investor OGCI Climate Investments (OGCI CI), the multinationals have provided funding for KeyState Natural Gas Synthesis to conduct a pre-front end engineering and design (pre-FEED) study for a project in…

The No. 1 global oilfield services company, Schlumberger Ltd., has reached an agreement with Sintela Ltd. to co-develop fiber optic solutions for carbon capture and storage (CCS), as well as the energy and geothermal industries.  The new solutions will be designed to “enhance measurement data handling capability” and deliver “insights to our upstream and midstream…

Natural gas should play a reduced, yet still significant role, in the global energy mix even if anthropogenic global warming is limited to 1.5 C degrees, according to the latest modeling by the United Nations (UN) climate change panel. The UN’s Intergovernmental Panel on Climate Change (IPCC) analyzed scenarios in the latest report, which indicate…