Carbon+Intel

Climate Tech Company Heirloom Opens US Commercial Carbon Capture Plant

California climate technology company Heirloom on Thursday unveiled what it says is the first U.S. commercial direct air capture (DAC) plant to suck planet-warming carbon dioxide from the air, a milestone in the effort to scale up nascent carbon removal technologies and hit global climate goals.

BlackRock to Invest $550 Million in Occidental's Carbon Capture Project

BlackRock Inc, the world's biggest money manager, will invest $550 million in Occidental Petroleum Corp.’s direct air capture (DAC) plant in West Texas, the two companies announced on Tuesday.

Air Products to Build Europe's Largest Blue Hydrogen Plant in Netherlands

Air Products and Chemicals said on Monday it will build, own and operate a carbon capture and carbon dioxide (CO2) treatment facility at its existing hydrogen production plant in Rotterdam, Netherlands.

US Agency Proposes Allowing Carbon Capture Projects in National Forests

The proposed rule would amend existing Forest Service regulations by allowing "exclusive and perpetual use" of national forest land and pore space beneath it for approved CCS projects.

FEED Awarded for QatarEnergy LNG’s CO2 Sequestration Project

Worley will develop the FEED and EPC scope of work for QatarEnergy LNG’s CO2 sequestration facility, in Ras Laffan, Qatar, capable of capturing 4.3 mtpa of CO2.

Plugging the Leak: Tackling Methane Emissions

(P&GJ) — The oil and gas industry is heavily regulated by a number of governing bodies, including the U.S. Federal Energy Regulatory Commission, to ensure pipelines run efficiently and safely. However, no matter how controlled operations are, toxic vapors from fugitive emissions continue to be a problem.

Eni, Snam Italian Carbon Capture Hub Can Also Decarbonize Southern Europe

Speaking in the Italian city of Ravenna where the new carbon capture and storage hub will be based, Snam CEO Stefano Venier said high-polluting groups could find it more convenient to store their CO2 in the Italian hub than transport it to Norway, where there are some CCS sites already functioning.

Algeria's Sonatrach Plans $1 Billion Project for Natural Carbon Storage

Algeria's state oil and gas firm Sonatrach has plans for a $1 billion project for natural carbon storage through planting 420 million trees over 10 years, Algeria's Ennahar TV reported on Monday, citing Energy Minister Mohamed Arkab as saying.

Navigator CO2 Ventures Cancels 1,300-Mile Carbon Pipeline Project in U.S. Midwest

Navigator CO2 Ventures has canceled its Heartland Greenway pipeline project aimed at capturing 15 million metric tons of carbon dioxide annually from Midwest ethanol plants and storing it permanently underground, the company said, citing "unpredictable" state regulatory processes.

Shell Abandons Carbon Offset Targets

Shell has given up on specific spending and volume targets for carbon offsets, also known as nature-based solutions (NBS), Chief Executive Wael Sawan told the Energy Intelligence Forum on Tuesday.

Trace, Molpus to Develop Evergreen Carbon Sequestration Hub in Louisiana

(P&GJ) — Trace Carbon Solutions LLC and Molpus Woodlands Group have agreed to develop and operate a carbon sequestration site on approximately 20,000 acres in Calcasieu and Beauregard parishes in Louisiana.

Ozona Secures 6,000 Acres for Major CO2 Sequestration Expansion in Permian Basin

(P&GJ) — Ozona CCS LLC has reached a definitive agreement with a private landowner to lease 5,722.79 contiguous acres of pore space in Loving County, Texas, for the purpose of drilling multiple commercial carbon dioxide (CO2) sequestration wells in the Permian Basin.

UAE's ADNOC Awards $17 Billion of Contracts for Gas Project, Including Subsea Pipelines

Abu Dhabi National Oil Company (ADNOC) said on Thursday it had awarded contracts worth about $16.94 billion for a gas project that aims to operate with net zero carbon dioxide emissions, adding it would be the first in the world to do so.

ADNOC Gas Awards $600 Million Carbon Capture Contract to Petrofac

U.K. oil services firm Petrofac said on Tuesday it got a more than $600 million contract from ADNOC Gas for the Habshan carbon capture and storage (CCS) project, as the Abu Dhabi-based company steps up its decarbonization plan.

Navigator CO2 Ventures Seeks Pause in Iowa Permit Process for 1,300-Mile Carbon Pipeline

Navigator CO2 Ventures has asked Iowa regulators to pause the permit application process for its carbon capture and storage (CCS) pipeline project that will run across five U.S. Midwest states as it awaits approval in Illinois, where its carbon storage site would be located.

Analysis: US Carbon Capture Pipeline Setbacks Reflect Challenges in Climate Fight

A series of permit rejections for two high-profile carbon pipeline projects in the U.S. Midwest could bode poorly for carbon capture and storage (CCS) as a widespread solution to climate change, reflecting deep-seated public concern about its risks and environmental impacts.

Petronas, MOL, MISC to Develop Liquefied CO2 Carriers for CCS Projects

(P&GJ) — Petronas CCS Ventures Sdn Bhd has signed an agreement with Mitsui O.S.K Lines, Ltd. (MOL) and MISC Berhad to jointly invest in developing and monetizing Liquefied Carbon Dioxide (LCO2) carriers for Carbon Capture and Storage (CCS) projects in Malaysia.

Climeworks Explores Large-Scale Carbon Capture Project in Kenya

Climeworks is exploring the development of a large-scale direct air capture (DAC) project in Kenya to remove and store carbon dioxide from the atmosphere with Great Carbon Valley, the first of its kind in East Africa, the two companies said on Thursday.

Carbon Capture Project Back at Texas Coal Plant After 3-Year Shutdown

A $1 billion carbon capture utilization and storage project that has been shuttered since May 2020 amid plunging oil prices restarted operations last week, its owner JX Nippon said, giving a second chance to a project meant to show the nascent technology is viable at large scale.

BP Commits to Germany with $11 Billion Low-Carbon Investment Push

BP plans to invest up to $10.7 billion in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.

EU to Launch First Phase of World-First CO2 Border Tax

The European Union starts the initial phase of its plan for the world's first carbon border tax next month, requiring importers to report the CO2 emissions of products sold into Europe, such as steel and cement, or risk financial penalties.

EPA: Biden's Climate Act to Cut US Emissions by 2030 by 35-43%

The U.S. economy is on track to spew between 35% and 43% less carbon dioxide by 2030 from 2005 levels as a consequence of the Inflation Reduction Act (IRA), a U.S. government report released on Tuesday showed.

South Dakota Denies Permit for Summit Carbon Solutions' 495-Mile CO2 Pipeline Segment

South Dakota's Public Utilities Commission on Monday denied a permit application from Iowa-based Summit Carbon Solutions to build 495 miles (796 km) of pipeline through the state to transport captured carbon dioxide from ethanol plants to an underground storage site.

South Dakota Rejects CO2 Pipeline Permit; North Dakota Project Seeks Reconsideration

(P&GJ) — In a recent development, South Dakota regulators have denied a construction permit for a carbon dioxide pipeline project. This decision closely follows a similar rejection by a North Dakota panel regarding another company's project.

UAE's ADNOC to Proceed with Habshan Carbon Capture Project

The carbon capture, utilization, and storage (CCUS) project will have the capacity to capture and permanently store 1.5 million metric tons of carbon dioxide a year, ADNOC said in a statement.

Canada Oil Sands Carbon Capture Project Struggles to Get Key Contract

Canada is struggling to get a key tool in place for major carbon capture and storage (CCS) projects, said a representative of one of the largest such ventures, as the country seeks to launch incentives vital to cutting emissions from Alberta's oil sands.

Hundreds of Millions Pledged for African Carbon Credits at Inaugural Climate Summit

An initiative to boost Africa's carbon credit production 19-fold by 2030 drew hundreds of millions of dollars of pledges on Monday as Kenyan President William Ruto opened the continent's first climate summit.

Eni, Snam Set Ambitions for Italy's First Carbon Storage Project

Carbon capture and storage (CCS) technology is key to ensuring the survival and the competitiveness in Italy of industries including steel, cement and chemicals, energy group Eni and gas grid operator Snam said on Friday.

Norway's Equinor Acquires a Stake in U.S. Bayou Bend CCS Project

Norwegian oil and gas company Equinor said on Monday it has acquired a 25% stake in Bayou Bend CCS LLC, a U.S. project to capture and store carbon dioxide (CO2) emissions along the Gulf Coast in southeast Texas.

FuelCell, Exxon Mobil to Extend Carbon Capture Deal

FuelCell Energy said on Monday it would extend a carbon capture joint development agreement with a unit of Exxon Mobil to March 31 next year.