CCS

A coalition of business groups is calling on federal officials to expedite applications for carbon dioxide (CO2) injection wells, otherwise known as Class VI wells, citing frustration to advance carbon capture projects.  Eight groups from Illinois, New Mexico, Pennsylvania, Texas and West Virginia sent a letter to Environmental Protection Agency (EPA) Administrator Michael Regan requesting…

The Biden administration is funding $2.52 billion to accelerate investments in carbon capture storage (CCS) and carbon transport technologies.  The Bipartisan Infrastructure Investment and Jobs Act of 2021 funded two programs: the Carbon Capture Large-Scale Pilots and Carbon Capture Demonstration Projects. The goal of these programs is to decrease carbon dioxide (CO2) emissions from electricity…

U.S. Secretary of Energy Jennifer Granholm told a crowd of energy executives on Wednesday that even as the Biden administration targets a nationwide, carbon-neutral country by 2050, oil and natural gas is going to remain a part of the energy mix for years to come.  “We know that even the boldest projections for clean energy…

FERC has authorized Freeport LNG Development LP to restart service on its final train. The Federal Energy Regulatory Commission on Wednesday cleared the company to commission, cooldown and restart liquefaction on Train 1.

Occidental Petroleum Corp. subsidiary 1PointFive has leased more than 55,000 acres along the Texas coast to develop a carbon capture and sequestration (CCS) hub, management said Thursday (March 2). The Bluebonnet Hub would be sited in Chambers, Liberty and Jefferson counties southeast of Houston. The hub as designed would boast capacity to hold about 1.2…

A potential obstacle to construct the proposed Rio Grande and Texas LNG facilities in South Texas has been cleared after an appellate court upheld a decision to dismiss a lawsuit over leases. The Thirteenth Court of Appeals, which serves the South Texas area, ruled that a trial court correctly dismissed a case against the Brownsville…

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…

Strong Montney Shale drilling results have prompted private equity giant Riverstone Holdings LLC to combine Hammerhead Resources Inc. and Decarbonization Plus Acquisition Corp. (DCRD) into an Alberta-based growth firm. The deal primes Hammerhead with C$240 million ($180 million) for greenhouse gas (GHG) reductions using carbon capture and storage (CCS) while doubling production by 2030. “We…

Competitive Power Venture Inc. (CPV) has proposed a 1,800 MW combined-cycle natural gas power plant in West Virginia that could allow the Appalachian Basin production leader to create and distribute more low-carbon power. CPV announced the potential $3 billion investment in Charleston, WV, earlier this month alongside Sen. Joe Manchin (D-WV). Maryland-based CPV also disclosed…