Sequestration

Venture Global Unveils CCS Plans for Louisiana LNG Facilities

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…

May 28, 2021
ExxonMobil Eyeing $100B Carbon Capture Project in Houston Area

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…

April 20, 2021

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.

September 18, 2013

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).

September 12, 2013

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.

May 16, 2013