Carbon+Intel

WoodMac Analysis: Trump Presidency Could Halt $1 Trillion in Clean Energy Investment

A victory by Donald Trump in the Nov. 5 presidential election could jeopardize $1 trillion in low-carbon energy investments, with WoodMac's analysis predicting an additional 1 billion tonnes of carbon emissions by 2050 compared to current policies.

Saudi Aramco Signs MOUs with U.S. Firms for Lower-Carbon Energy Solutions

Saudi Aramco signed three memorandums of understanding (MOU) with U.S. companies Aeroseal, Spiritus and Rondo, the state-owned oil giant said on Friday.

Exxon, Pertamina to Advance Carbon Capture Efforts with Appraisal Drilling in Indonesia

Pertamina and Exxon plan to conduct appraisal drilling for a carbon capture and storage (CCS) hub in Indonesia, with the companies signing an initial storage deal with South Korea's KNOC on Wednesday.

Energy Transfer Joins CapturePoint for Carbon Capture and Storage Initiative in Louisiana

CapturePoint LLC and Energy Transfer LP have formalized agreements for the joint development of a carbon capture and permanent underground storage project in Louisiana.

NJ Natural Gas Implements First Carbon Capture Units in State, Aiming for Greener Operations

New Jersey Natural Gas has recently installed two CarbinX carbon-capture systems at its headquarters in Wall, N.J., marking a significant step towards reducing greenhouse gas emissions in the state.

CGG, Baker Hughes Join Forces for Carbon Capture and Storage Solutions

CGG has signed a memorandum of understanding with Baker Hughes at the 2024 Offshore Technology Conference in Houston to facilitate the parties exploring jointly offered carbon capture and storage solutions.

Pipeline Safety Improves Over Five Years, Focuses on Community Engagement and Low-Carbon Solutions

Despite increases in pipeline mileage and the volume of barrels transported, the American Petroleum Institute's recent report reveals that pipeline safety has seen improvement across various key metrics over the past five years.

Tallgrass Initiates Open Season for 400-Mile Trailblazer CO2 Pipeline

Trailblazer CO2 Pipeline LLC, a subsidiary of Tallgrass Energy, has initiated a binding open season to solicit commitments for the transportation of carbon dioxide gas from origins in Nebraska through its 400-mile Trailblazer CO2 pipeline.

Capital Power Discontinues $2.4 Billion Genesee CCS Project Amid Economic Challenges

Capital Power announced the discontinuation of its $2.4 billion Genesee CCS project, which aimed to deploy carbon capture technology at the Genesee Generating Station near Warburg, Alberta, as part of its first-quarter results.

OPEC Secretary General: 'End of Oil Not in Sight', Urges Focus on Emissions Reduction

The end of oil is not in sight, OPEC's top official said, as the pace of energy demand growth means that alternatives cannot replace it at the needed scale, and the focus should be on cutting emissions not oil use.

Pipeline Industry Concerned About Methane Fee Proposal

Natural Gas industry groups are asking Congress to cancel the methane emissions fee, which goes into effect in March 2025, based on emissions in 2024.

U.S. to Introduce Carbon Offset Guidelines to Ensure Emissions Cuts Integrity

The United States will unveil in the coming days guidelines for the use of carbon offsets inside and outside of government to build confidence in the market and ensure credits reflect real emissions cuts, the top U.S. climate diplomat said on Friday.

Angel CCS JV and Yara Partner for Carbon Capture and Storage Study

The Woodside Energy-operated Angel CCS Joint Venture is proposing to develop a large-scale, multi-user CCS hub with the potential to help Australian and international industry decarbonize.

Newfoundland and Labrador Approves World Energy's Hydrogen Project

Canada's Newfoundland and Labrador province approved renewable energy firm World Energy's hydrogen plant on Tuesday, after more than 80 low-carbon hydrogen production projects have been announced in the country until March.

Petronas Partners with JERA to Explore Carbon Capture and Storage Solutions

Malaysian state-run energy firm Petronas said on Tuesday it has signed a joint study agreement with Japanese power generation company JERA to evaluate the feasibility of the carbon capture and storage (CCS) value chain.

Nopetro Renews Florida's Energy Landscape with Landfill Gas-to-RNG Facility

Nopetro Renewables has announced that it broke ground on Southern Florida's first landfill gas to renewable natural gas (RNG) facility in Indian River County.

SLB to Acquire Majority Stake in Aker Carbon Capture for $380 Million

SLB and Aker Carbon Capture will combine technology portfolios, expertise and operations platforms to bring carbon capture solutions to market more quickly and more economically.

Eni Receives UK Government Approval for CO2 Pipeline Crossing England-Wales Border

The pipeline will facilitate the transportation of carbon dioxide from capture plants across the North West of England and North Wales to Eni's depleted natural gas reservoirs beneath the seabed in Liverpool Bay.

Addressing Challenges in Carbon Capture, Storage Deployment

While the use of renewables, improved energy efficiency and electric vehicles are areas of focus, oil and natural gas will continue to be in demand for petrochemicals and fueling transportation by land, sea and air.

Chevron, JX Ink Deal to Collaborate on Carbon Capture and Storage Development

The agreement outlines plans to explore the feasibility of exporting carbon dioxide (CO₂) from Japan to CCS projects in Australia and other Asia Pacific countries.

Shell Weakens 2030 Carbon Emissions Reduction Target, Scraps 2035 Objective

Shell weakened a 2030 carbon reduction target and scrapped a "perilous" 2035 objective, citing expectations for strong gas demand and uncertainty in the energy transition even as it affirmed a plan to cut emissions to net zero by 2050.

Occidental's 1PointFive Strikes Deal with AT&T for Carbon Credit Purchase

Carbon capture firm 1PointFive said on Wednesday telecom company AT&T has agreed to purchase carbon dioxide removal credits as part of its goal to reduce emissions and become carbon neutral in its global operations by 2035.

CarbonCapture Raises $80 Million from Saudi Aramco, Others for Carbon Removal Technology

Los Angeles-based CarbonCapture, which aims to build machines that suck carbon dioxide out of the air to fight climate change, said it had raised $80 million from investors that include Saudi oil giant Saudi Aramco.

Bakken Drillers Push Back Against U.S. Carbon Pipeline Company's No Oil Recovery Promise

Summit Carbon Solutions is trying to build the biggest carbon dioxide capture pipeline in the United States to transport and bury greenhouse gases. The company has repeatedly pledged that its project will not be used by drillers to boost output from oil fields.

Williams Secures Nearly $1 Million for Carbon Storage Research in Wyoming

Oklahoma-based pipeline operator Williams Cos. has been awarded $975,000 in funding to study carbon capture and storage initiatives in Wyoming.

BP's Carbon Emissions Increase in 2023, Ending Decline Since 2019

BP said on Friday its overall carbon emissions climbed in 2023 for the first time since 2019 as the company started up new oil and gas projects and increased its production levels.

HVO: Fuel for the Future

The advancement of the energy transition is leading to a growing imperative to reduce carbon emissions in challenging-to-transform sectors. Various industries are adopting alternative fuels and embracing increased electrification to promote sustainable practices within the construction and extraction sectors. In this regard, hydrated vegetable oil (HVO) represents a pioneering alternative fuel source.

Sypris Awarded Contract for Gorgon Project's Carbon Capture and Storage Systems

Sypris Technologies, Inc., a subsidiary of Sypris Solutions Inc., has recently received an award to supply specialty high-pressure closures for use in the Gorgon Project to support the optimization of the existing carbon capture and storage facilities.

Valero Joins Summit's Carbon Capture Project, Extending Pipeline to 57 Ethanol Plants

Valero Energy is joining Iowa-based Summit Carbon Solutions' proposed carbon capture and storage project, which involves a pipeline spanning more than 2,000 miles across Iowa, North Dakota, South Dakota, Nebraska, and Minnesota.

Chevron Indefinitely Closes Two U.S. Midwest Biodiesel Plants as Profits Slip

Chevron has indefinitely idled two biodiesel production facilities in the U.S. Midwest, the company confirmed on Friday, citing poor market conditions.