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Talos, Carbonvert Bring Chevron Aboard to Propel CCUS Project Offshore Texas

Talos, Carbonvert Bring Chevron Aboard to Propel CCUS Project Offshore Texas

Talos Energy Inc. and Carbonvert Inc. are in talks with Chevron Corp. to join them in advancing a carbon capture hub southeast of Houston near the massive petrochemical complex. Houston-based Talos, whose upstream exploration is focused in the Gulf of Mexico, is developing several carbon capture, sequestration and utilization (CCUS) projects for the Gulf Coast.…

May 10, 2022
For Canada’s Natural Gas and Oil Producers, Federal Budget’s CCUS Tax Incentives Fall Short

For Canada’s Natural Gas and Oil Producers, Federal Budget’s CCUS Tax Incentives Fall Short

The Canadian government made a commitment Thursday to help cover expenses of reducing industrial greenhouse gas (GHG) emissions by providing investment tax credits for carbon capture, utilization and storage (CCUS). The 2022 federal budget plan presented by Finance Minister Chrystia Freeland set CCUS tax credit rates of 60% for direct air capture systems, 50% for…

April 8, 2022
Enbridge, Pembina, Shell, Suncor and TC on Short List for Alberta CCUS

Enbridge, Pembina, Shell, Suncor and TC on Short List for Alberta CCUS

The Alberta government announced a first shortlist Thursday of eligible bidders for provincially owned geological formations needed for carbon capture, utilization and storage (CCUS) sites. “If developed, these hubs will help safely grow and diversify Alberta’s energy sector and reduce emissions for multiple industries,” said the provincial government.  CCUS projects would reflect a key provincial…

April 1, 2022
Inter Pipeline, Rockpoint Join in Bidding for Alberta CCUS Hub

Inter Pipeline, Rockpoint Join in Bidding for Alberta CCUS Hub

A pair of Calgary natural gas firms are adding an environmental sideline in carbon disposal, a specialty forecast to grow as more countries advance their energy transition plans. Inter Pipeline Ltd. and Rockpoint Gas Storage Ltd. are planning a carbon capture storage and utilization (CCUS) hub capable of handling more than 6 million tons/year of…

March 16, 2022
As Oilsands Production Drives Growth, Cenovus Eyes CCUS Opportunities

As Oilsands Production Drives Growth, Cenovus Eyes CCUS Opportunities

The first stage in the planned Alberta oilsands environmental cleanup is to be a carbon capture, utilization and storage (CCUS) network able to collect greenhouse gas (GHG) emissions from 20 operations, according to bitumen producer Cenovus Energy Inc. “Discussions are ongoing with the federal and provincial governments to ensure the necessary policy and financial support…

February 10, 2022
‘Lowest Cost’ CCUS Solution Said Ready to Deploy for Power Generation, Industrial Sectors

‘Lowest Cost’ CCUS Solution Said Ready to Deploy for Power Generation, Industrial Sectors

Honeywell International Inc. said it will collaborate with the University of Texas at Austin (UT) to commercialize a lower cost carbon capture technology for the power generation and industrial sectors. The project was developed by researchers at UT’s Texas Carbon Management Program (TxCMP). An advanced amine solvent “enables carbon dioxide (CO2) to be captured at…

December 17, 2021
Biden Orders Federal Agencies to Buy 100% Carbon-Neutral Electricity by 2030, Zero-Emission Vehicles by 2035

Biden Orders Federal Agencies to Buy 100% Carbon-Neutral Electricity by 2030, Zero-Emission Vehicles by 2035

President Biden on Wednesday signed a sweeping executive order (EO) to put the federal government on a path to consuming 100% carbon pollution-free electricity on a net annual basis by 2030. The EO also directs the government to buy 100% zero-emission vehicles by 2035. The EO does not close the door to fossil fuel power…

December 9, 2021
Air Products Taps Louisiana for World’s Largest Blue Hydrogen, Carbon Capture Complex

Air Products Taps Louisiana for World’s Largest Blue Hydrogen, Carbon Capture Complex

Air Products and Chemicals Inc. on Thursday earmarked $4.5 billion to build and operate a mega complex in Ascension, Parish, LA, capable of producing 750 million cubic feet/day of blue hydrogen and potentially the world’s largest carbon capture sequestration endeavor to date. The project, expected to be operational in 2026, was announced Thursday by Gov.…

October 15, 2021
Sproule Sees CCUS Driving ‘Tremendous’ Growth as Carbon Prices Climb

Sproule Sees CCUS Driving ‘Tremendous’ Growth as Carbon Prices Climb

Underground carbon disposal has to increase 172-fold to hit the global greenhouse gas (GHG) cleanup target set by the International Energy Agency (IEA), according to an industry review by consulting firm Sproule Associates. The role for carbon capture, utilization and storage (CCUS) as outlined by IEA in August, spells “tremendous growth and revenue generation,” said…

October 8, 2021
Chevron, Enterprise Exploring Carbon Capture Opportunities for Gulf Coast, Midcontinent

Chevron, Enterprise Exploring Carbon Capture Opportunities for Gulf Coast, Midcontinent

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…

September 13, 2021