Carbon+Intel
Canada Initiates Financing for Carbon Capture Advancements
Canada will finance investment tax credits for carbon capture and storage (CCS) and for net-zero energy technologies, following through on previously announced subsidies meant to attract more green investment, its Fall Economic Statement (FES) said on Tuesday.
Wolf Carbon Solutions Initiates Withdrawal of Carbon Pipeline Application in Illinois
Wolf Carbon Solutions has moved to withdraw its permit application in Illinois to build a carbon capture pipeline that would transport as much as 12 million tons of carbon dioxide annually to a storage site in the state, according to a company filing in the state regulatory commission docket.
Japanese Firms, Petronas to Launch CO2 Storage Project by Late 2028
Japanese companies have agreed to develop a carbon capture and storage (CCS) project with Malaysian energy firm Petronas which should start holding its first carbon dioxide (CO2) emissions from end-2028, Japan Petroleum Exploration Co. said on Monday.
Japan's Okinawa Electric Plans to Trial Using Hydrogen at Gas-Fired Power Plant
Japan's Okinawa Electric Power plans to start co-firing hydrogen on a trial basis at a commercial gas-fired power plant from March in a bid to reduce carbon dioxide (CO2) emissions, its president said on Friday.
Analysis: Challenges to CO2 Pipelines Pose Threat to U.S. Ethanol's Role in Green Jet Fuel Development
The U.S. drive to develop sustainable aviation fuel (SAF) using ethanol could be slowed because of growing opposition to proposed pipelines that would curb greenhouse gas emissions from ethanol plants by capturing carbon dioxide and carrying it away to other states for storage.
Indonesia's Pertamina, Chevron Agree to Share Data to Develop Carbon Storage Facility
Indonesian state oil company Pertamina signed agreements with U.S. oil company Chevron to share data aimed at developing a carbon capture facility in East Kalimantan, Pertamina said in a statement on Tuesday.
BKV, EnLink Start First Carbon Capture Project in Texas
Energy firms BKV and Enlink Midstream said on Monday the first injection of carbon dioxide at a carbon capture and storage (CCS) facility in Texas was completed ahead of schedule.
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.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
