Houston-based Talos Energy Inc., a major explorer in the Gulf of Mexico (GOM), expects to garner “several favorable provisions” from the Democrats’ Inflation Reduction Act (IRA), which would benefit the upstream business and the low-carbon ventures underway, CEO Timothy S. Duncan said. The independent issued its 2Q2022 results earlier this month, followed by a conference…
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Articles from CCS

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…

Shell Canada Among Backers of Montney Shale CCS Project
Provincial earth sciences agencies have made an opening move toward introducing carbon capture and storage (CCS) into the prolific Montney Shale gas production region in northeastern British Columbia (BC). Upstream activity has been rising in the gassy Montney. BC is also in the process of changing its natural gas and oil royalty system. Geoscience BC,…

Chevron Looking to Crush Carbon Emissions in Central California Operations
Chevron Corp. is expanding its reach into capturing and storing carbon emissions across its global businesses, with one endeavor trained in Central California. Chevron U.S.A. Inc., through the Chevron New Energies division, is advancing a carbon capture and storage (CCS) project in the San Joaquin Valley (SJV) at the Kern River Eastridge cogeneration plant in…

Sempra Explores Decarbonizing Cameron LNG, Louisiana CCS Hub with Potential Partners
Sempra Infrastructure has announced an initial deal with existing equity partnerships to curb emissions at its Cameron liquefied natural gas (LNG) terminal and potentially build a carbon capture hub in coastal Louisiana. The subsidiary of San Diego-based Sempra said Monday it had secured a participation agreement with TotalEnergies, Mitsui & Co. and Mitsubishi Corp. to…

Navigator, Siouxland Ethanol Reach Long-Term Carbon Capture Agreement
Navigator CO2 Ventures LLC said Wednesday it has entered a long-term agreement to supply carbon dioxide (CO2) capture, transportation and storage services to Siouxland Ethanol LLC on Navigator’s Heartland Greenway carbon capture and storage (CCS) system. Navigator reached a final investment decision last fall on Heartland Greenway, a 1,300 mile CCS pipeline that would traverse…

Talos Looks to Build Louisiana CCS Project, Nabs CO2 Transport Pact with EnLink
Houston’s Talos Energy Inc., which has envisioned carbon capture projects on the Gulf Coast, clinched an agreement with a Louisiana landowner to lease 26,000 acres along the Mississippi River industrial corridor that may advance one proposal. The exploration and production company also secured a memorandum of understanding (MOU) with EnLink Midstream LLC to provide integrated…

OCI’s Iowa Fertilizer Books Capacity on Heartland CCS Pipeline
The Heartland Greenway carbon capture and sequestration (CCS) pipeline, a 1,300-mile system that would traverse five Midwestern states, has snagged a top Iowa fertilizer company as a customer, according to Navigator CO2 Ventures LLC. Under the agreement with Dutch fertilizer giant OCI NV, Navigator would transport and sequester up to 1.13 million metric tons/year (mmty)…

Brattle Offers Energy Transition Pathway for Natural Gas Utilities
Natural gas utilities can navigate the energy transition by following a three-step action plan, according to economists with management consulting firm The Brattle Group. “Increased coordination among stakeholders — especially between gas and electric utilities, and between gas utilities and technology providers — is needed to ensure decarbonization is achieved in the most cost-effective way…

ExxonMobil Bidding to Advance CCS Expansion at Wyoming’s LaBarge Natural Gas Facility
Bids to secure engineering, procurement and construction contracts for a carbon capture and storage (CCS) expansion at the LaBarge natural gas facility in Wyoming are advancing, ExxonMobil said Thursday. LaBarge to date has captured an estimated 6-7 million metric tons (mmt) of carbon dioxide (CO2), making it the largest project of its kind in the…