carbon capture

Low-carbon hydrogen could fulfill its potential to help the world reach net-zero emissions, but not without government support, the International Energy Agency (IEA) said Monday. In its Global Hydrogen Review 2021, the world’s energy watchdog said production today is minimal, costs are not yet competitive and its use in “promising” industry and transport sectors remains…

A landmark proposal by ExxonMobil to capture and store millions of tons of carbon emissions  from Houston area petrochemical facilities has won the support of nearly a dozen oil and gas companies, including fellow supermajor Chevron Corp. Last April ExxonMobil said it was looking for local, state and federal support to build a $100 billion…

Chevron Corp. and Enterprise Products Partners LP are evaluating possible projects to store carbon emissions from their U.S. business operations in the Midcontinent and on the Gulf Coast. Chevron U.S.A. Inc., through its Chevron New Energies division, has a framework in place with a subsidiary of Houston-based Enterprise to evaluate opportunities to store carbon dioxide…

Nine research projects are getting a federal funding boost to advance methods and potentially reduce costs to capture and store carbon from the air, also known as direct air capture (DAC). The U.S. Department of Energy (DOE) said it has granted $24 million to universities and national labs across the country. The aim of the…

The world’s energy majors are playing an outsized role to reduce carbon emissions, but huge opportunities exist for the independents to build sustainable and substantial portfolios that mesh with their oil and gas skill sets, according to Talos Energy Inc. CEO Timothy Duncan.  Duncan spoke at the recent Offshore Technology Conference in Houston. The independent…

Deploying carbon capture and storage (CCS) technologies could cut more than one-quarter of emissions associated with global liquefied natural gas (LNG) facilities, according to consultancy Wood Mackenzie. Senior analyst Daniel Toleman said the main options for reducing LNG emissions include CCS, carbon offsets, methane leakage reduction, electrification, as well as renewables and batteries. However, CCS…

Nine research projects are getting a federal funding boost to advance methods and potentially reduce costs to capture and store carbon from the air, also known as direct air capture (DAC). The U.S. Department of Energy (DOE) said it has granted $24 million to universities and national labs across the country. The aim of the…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI Senior Editor Christopher Lenton is joined by the International Energy Agency’s (IEA) Mariano Berkenwald to discuss the hydrogen opportunity in Latin America.  Having recently published a report with the IEA about how low-carbon hydrogen can play a big…

The world’s largest direct air capture (DAC) facility, designed to zap up to 1 million metric tons/year of carbon dioxide (CO2) emissions from the Permian Basin, is tracking to start up by early 2024, Occidental Petroleum Corp. CEO Vicki Hollub said Wednesday. Oxy, as it is better known, issued its second quarter results on Wednesday.…