carbon capture

Oxy’s Carbon Capture Projects Giddy Up with King Ranch in South Texas 

Oxy’s Carbon Capture Projects Giddy Up with King Ranch in South Texas 

With one innovative carbon sequestration project underway in the Permian Basin, Occidental Petroleum Corp. is laying the groundwork to add more carbon fighting measures in South Texas. Oxy, as it is known, and subsidiary 1PointFive in August officially launched construction of their first large-scale direct air capture (DAC) plant, which is set to begin sucking…

November 10, 2022
Chevron, JERA to Collaborate Beyond LNG on U.S. and Asia Pacific Low-Carbon Projects

Chevron, JERA to Collaborate Beyond LNG on U.S. and Asia Pacific Low-Carbon Projects

Chevron Corp.’s New Energies business and Japan’s JERA are looking to leverage their lucrative LNG partnerships and collaborate on “multiple” low-carbon opportunities in the United States and Asia Pacific region. Developments to be considered include low-carbon fuels production, hydrogen, new technologies, as well as carbon capture and storage (CCS). They now are partners in liquefied…

November 10, 2022
Permian Tapped for Milestone Net-Zero Natural Gas Power Plant, Says NET Power

Permian Tapped for Milestone Net-Zero Natural Gas Power Plant, Says NET Power

With a pilot project validating an innovative system to produce electricity from natural gas while generating near-zero emissions, NET Power LLC is leading a consortium to construct a 300 MW carbon-free generator in the Permian Basin. NET Power advanced the West Texas project following success with its supercritical carbon dioxide (CO2) demonstration plant in 2018.…

November 9, 2022
Gulf Coast Eyed by Chevron, Partners for Natural Gas-to-Hydrogen and Ammonia Project 

Gulf Coast Eyed by Chevron, Partners for Natural Gas-to-Hydrogen and Ammonia Project 

Air Liquide SA, Chevron Corp., LyondellBasell and Uniper SE could “potentially advance” a hydrogen and ammonia facility on the Gulf Coast to support global industrial decarbonization. Neither a timeline to proceed, site location or estimated costs were provided. However, the evaluation would “cover the end-to-end energy value chain, utilizing each participant’s technical expertise in production,…

October 20, 2022
Inflation Reduction Act Said ‘Game Changer’ for Nebraska Carbon Capture Project

Inflation Reduction Act Said ‘Game Changer’ for Nebraska Carbon Capture Project

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…

October 7, 2022
Suncor Selling Wind, Solar Assets to Focus on Oilsands, CCS and Hydrogen

Suncor Selling Wind, Solar Assets to Focus on Oilsands, CCS and Hydrogen

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…

October 6, 2022
Scaling DAC to ‘Megaton Levels’ Said Goal of Wyoming’s Project Bison CO2 Project

Scaling DAC to ‘Megaton Levels’ Said Goal of Wyoming’s Project Bison CO2 Project

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…

September 14, 2022
Inflation Reduction Act Seen Vastly Improving CCUS Economics for Natural Gas Power Plants

Inflation Reduction Act Seen Vastly Improving CCUS Economics for Natural Gas Power Plants

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…

August 29, 2022
California Resources Launches $2.5B CCS JV with Brookfield as State Cuts Oil, Gas Leasing

California Resources Launches $2.5B CCS JV with Brookfield as State Cuts Oil, Gas Leasing

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…

August 12, 2022
FERC Suspends Environmental Review for Venture Global’s CP2 LNG Project

FERC Suspends Environmental Review for Venture Global’s CP2 LNG Project

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…

July 7, 2022