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…
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Navigator Sanctions Heartland System to Capture Midwest Industrial CO2 Emissions
Navigator CO2 Ventures LLC said Thursday it has binding commitments in hand to sanction the massive Heartland Greenway system, a 1,300-mile carbon capture pipeline that would traverse five states across the Midwest. As initially designed, Heartland would transport and sequester up to 15 million metric tons/year of carbon dioxide (CO2) from industrial customers in Illinois,…
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…
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…
Binz Fends Off Senate Critics; Supports Natural Gas
Former Colorado regulator Ron Binz, nominated for FERC chairman, said he was bullish on natural gas and expects applications for liquefied natural gas (LNG) export terminals to proceed through the agency as usual.
States Await Return of Sequestered Royalties from Interior
Royalties withheld by the U.S. Department of Interior for fiscal year (FY) 2013, estimated at $109 million to date, will be returned to the states in FY 2014, but when that happens remains a question, according to a spokesman for Interior’s Office of Natural Resources Revenue (ONRR).
Energy Permitting, Leasing to Feel Sequestration Pain
The across-the-board budget sequestration cuts, which began in March, will result in a considerable reduction in the number of oil and natural gas permits processed and leases issued annually, according to a new report by Democrats on the House Appropriations Committee Wednesday.