An open season to gauge support for a pipeline that would transport carbon emissions across five Midwest states for permanent sequestration has drawn enough support that the project could be a go, according to Navigator CO2 Ventures. Valero Energy Corp. and a unit of BlackRock Inc. in March teamed up with Navigator Energy Services to…
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Pieridae Targets Alberta Carbon Capture Project to Offset Goldboro LNG Emissions
Canada’s Pieridae Energy Ltd. announced last week that partner recruitment has begun for a greenhouse gas (GHG) disposal and clean power project in Alberta that would offset emissions from its planned Goldboro liquefied natural gas (LNG) project in Nova Scotia. Pieridae said the new project would repurpose its Caroline natural gas plant in central Alberta…
Venture Global Unveils CCS Plans for Louisiana LNG Facilities
Privately held Venture Global LNG Inc. has unveiled plans to capture and sequester up to 1 million tons of carbon dioxide (CO2)/year from its sites in Louisiana, making it the latest liquefied natural gas (LNG) developer to turn to carbon capture and sequestration (CCS) as a way to lower its emissions profile. Arlington, VA-based Venture…
Many LNG Export Projects ‘Not Needed’ in IEA Net-Zero Model
Many of the liquefied natural gas (LNG) export facilities already under construction or in planning will not be needed in the future if the world is to reach net zero greenhouse gas emissions by 2050, the International Energy Agency said in a bombshell report this week. The world’s oil and gas needs in a net…
Piñon Midstream Building 85 MMcf/d Sour Gas Treatment, Carbon Capture Facility in Permian Delaware
Piñon Midstream LLC has begun construction of a sour gas treating and carbon capture facility in Lea County, NM, that when completed in July would have capacity to treat about 85 MMcf/d of Permian Basin natural gas. The plant, dubbed the Dark Horse Facility, would treat gas produced in the Permian’s Delaware sub-basin. The project…
Valero Makes Case for U.S. Carbon Tax as Renewable Diesel, CCS Options Grow
Valero Energy Corp., whose renewable fuels arm is expanding, signaled Thursday that the most efficient way to reduce U.S. emissions could be via a carbon tax. The San Antonio-based global refining giant’s management team shared a microphone to discuss first quarter performance and the outlook for the year. Valero has plenty of skin in the…
ExxonMobil Eyeing $100B Carbon Capture Project in Houston Area
ExxonMobil is looking for local, state and federal support to build a $100 billion project that would capture carbon emissions from the largest U.S. petrochemical complex along the Houston Ship Channel and bury them in the Gulf of Mexico. If the landmark project were to be built, ExxonMobil estimates that by 2030 the initial phase…
EIA Expanding Monthly Biofuels Updates
The U.S. Energy Information Administration (EIA) plans to issue monthly reports that expand upon biofuels data. EIA’s first edition of Monthly Biofuels Capacity and Feedstocks Update was published Wednesday (March 31) with January data. “We developed the Monthly Biofuels Capacity and Feedstocks Update because of the significant growth in U.S. production of renewable fuels,” said…
Oxy, Cemvita Piloting Bio-Ethylene Process to Reduce CO2, Compete with Hydrocarbon Feedstocks
A unit of Occidental Petroleum Corp. (Oxy) is partnering in a pilot project that could produce 1 metric tons/month of ethylene using human-made carbon dioxide (CO2) instead of hydrocarbon feedstocks like natural gas and oil. Houston-based Cemvita Factory, a bio-engineering start-up, is working with Oxy Low Carbon Ventures (OLCV) on the bio-ethylene pilot facility, which…
Foothills Exploration Views Natural Gas as ‘Integral,’ but Energy Transition Projects Also Key
California-based oil and gas explorer Foothills Exploration Inc. is forming New Energy Ventures LLC to participate in the transitioning energy sector. The main focus of the new subsidiary is on alternative power generation and oilfield applications. According to Foothills, New Energy Ventures plans to partner with management teams to develop sustainable and low-carbon technologies. The…