Carbon+Intel
Canada's Suncor Mulling Options to Replace Supply from Key Oil Sands Mine
Canada's Suncor Energy on Wednesday said it is weighing options for replacing around 200,000 barrels per day of raw bitumen supply from its largest oil sands mine, which is set to run out by the mid-2030s.
U.S. Treasury to Open Advanced Energy Tax Credit Applications on May 31
The U.S. Treasury said on Monday it will open applications on May 31 for $4 billion worth of new tax credits for advanced energy manufacturing and decarbonization projects, with $1.6 billion of those required to be in communities hit by closures of coal mines or coal-fired power plants.
Louisiana Slams EPA Over Lack of Urgency on Carbon-Project Approvals
Louisiana and other top oil-producing states say they can speed up permitting of carbon sequestration projects if allowed to handle decisions that currently fall under the EPA. There are dozens of these projects with multimillion-dollar price tags proposed by energy firms around the United States.
Carbon Pipeline Company Sues Iowa County Over Local Siting Ordinance
The developer of a Midwest carbon capture pipeline network has sued Shelby County in Iowa, saying its ordinance restricting the siting of hazardous pipelines is overruled by a federal pipeline safety law.
2,000-Mile Carbon Pipeline Project Sparks Battle Among North Dakota Landowners
(P&GJ) — Landowners from North Dakota gave testimony on Jan. 27 in favor of and against Summit Carbon Solutions' use of eminent domain to construct a 2,000-mile carbon pipeline network beneath hundreds of homes and farms in the Midwest.
Pipeline Operator Kinder Morgan Sees Tax Credits Speeding Up Clean Energy Investments
U.S. funding for clean energy projects will help energy pipeline operator Kinder Morgan accelerate its investments in renewable natural gas and carbon sequestration, executives said on Wednesday.
Wintershall Dea Urges Germany to Clear CO2 Exports for Storage
German oil and gas producer Wintershall Dea urged Berlin on Monday to clear exports of carbon dioxide to European neighbors that would be buried in so-called carbon capture and storage facilities.
Canada's Trudeau Urges Alberta to Contribute to Carbon-Capture Incentives
Canadian Prime Minister Justin Trudeau on Friday urged the government of the main oil-producing province of Alberta to use its budget surplus to help bolster tax credits meant to help scale up carbon capture and storage and reduce emissions.
Canada Oil Sands Producers to Begin Evaluating Proposed Carbon Storage Site
Canada's largest oil sands producers signed an agreement with the Alberta government allowing them to assess the geology of an underground carbon storage site, a step in their plan to tackle greenhouse gas emissions, the companies said on Wednesday.
Baker Hughes to Provide Equipment for Petronas Carbon Capture Project
Baker Hughes will provide turbo compression equipment to transport CO2 emitted from flaring at the Kasawari gas development and reinject it into a depleted offshore field through a subsea pipeline.
Consortium Seeks First Proposals for Carbon Capture Shipping Project
A consortium of global energy and shipping organizations said on Tuesday it was seeking proposals to study ways to offload captured carbon dioxide from ships during port calls. The call for proposals is part of the world's first project aimed at building and testing a full-scale carbon-dioxide capture system aboard an oil tanker.
Enbridge Sees Higher 2023 Profit, Joins Occidental on Carbon Capture Project
Canada's biggest pipeline operator Enbridge Inc. on Wednesday forecasted higher 2023 core earnings, banking on sustained high demand for oil and gas amid tight supplies.
Exxon to Exit Africa in Crude Phaseout, Eyeing Low-Carbon Natural Gas Options
Exxon's departure reflects a wider move by major oil producers to reduce crude production in West Africa and shift investments to lower-carbon natural gas development on the continent, and to more lucrative projects in the Americas.
US Proposes Rules to Limit Methane Leaks from Public Lands Drilling
The U.S Interior Department's Bureau of Land Management on Monday proposed rules to limit methane leaks from oil and gas drilling on public lands, the latest move by the Biden administration to crack down on the potent greenhouse gas.
TotalEnergies, Air Liquide to Produce Low-Carbon Hydrogen in France
Industrial gases company Air Liquide and TotalEnergies plan to produce low-carbon hydrogen at the Grandpuits site in France, the pair said on Tuesday, as France looks to increase its sources of renewable energy.
Carbon Capture Not Ending Pipeline Woes
(P&GJ) — With growing demand and government incentives to develop more carbon capture and sequestration (CCS) capacity, some of the biggest U.S. pipeline projects now on the drawing board are designed to transport CO2 from source to storage.
Canada, Nigeria Target Oil and Gas Methane Emissions with New Laws
Oil and gas producers Canada and Nigeria have become the latest countries to tackle the potent greenhouse gas methane with laws to rein in emissions in the fossil fuel energy sector.
Chevron, MOL to Study CO2 Shipping from Singapore to Australia
(P&GJ) — Chevron Corp. has signed joint study agreement with Mitsui O.S.K. Lines Ltd. (MOL) to study the feasibility of transporting liquified carbon dioxide from Singapore to permanent storage locations offshore Australia.
Mauritania and BP to Explore Green Hydrogen Projects
BP has signed an agreement with Mauritania to explore ways to develop low-carbon hydrogen on a large scale in the West African country, the British energy company said on Tuesday
Nikola, KeyState to Develop Pennsylvania’s First Low-Carbon Hydrogen Value Chain
Electric vehicle maker Nikola Corp. said on Monday it was working with KeyState Natural Gas Synthesis to create Pennsylvania state's first low-carbon hydrogen production supply chain.
Schlumberger, Linde to Collaborate on Carbon Capture Projects
(P&GJ) — Schlumberger and Linde have entered into a strategic collaboration on carbon capture, utilization and sequestration (CCUS) projects to accelerate decarbonization solutions across industrial and energy sectors.
Exxon Mobil Taps EnLink’s Pipeline Network for Louisiana Carbon Capture Project
(P&GJ) — Exxon Mobil has signed an agreement with EnLink Midstream to use EnLink’s transportation network to deliver CO2 to its 125,000-acre storage location in Vermilion Parish, Louisiana. CF Industries is investing $200 million to build a CO2 dehydration and compression unit at its Donaldsonville, Louisiana, facility to enable the captured CO2 to be transported and stored.
Carbon America to Develop Carbon Capture and Sequestration Project in Nebraska
(P&GJ) — Carbon America plans to install carbon capture equipment that will extract CO₂ from the ethanol production process and transfer the gas via a new carbon dioxide pipeline to an underground geologic sequestration site near the plant.
Belgian, Danish Governments Clear Way for Europe’s First Trial of CO2 Storage in North Sea
(P&GJ) — Ministers from Belgium and Denmark have entered into a ground-breaking agreement to enable captured CO2 to be shipped across their boarders to be permanently stored in a sandstone reservoir 1,800 m (5,905 ft) beneath the seabed of the Danish North Sea.
Expert Keynote Speakers Talk CCUS and Tax Credits at GEI’s Carbon+Intel Forum
Global experts and professionals in the carbon capture, utilization, and storage (CCUS) space, which is experiencing rapid growth, gathered together Wednesday on day one of Gulf Energy Information’s two-day Carbon+Intel Forum in Houston.
EPA Approves First-of-its-Kind Permanent Carbon Sequestration Plan in Permian Basin
(P&GJ) — Stakeholder Midstream's Pozo Acido well’s proximity to the most prolific interstate CO2 pipelines in the United States, such as Kinder Morgan's Cortez pipeline, allows Stakeholder to provide carbon sequestration to third parties in the Permian Basin and beyond.
Sustainability: Energy Company ESG Efforts
(P&GJ) — Late in 2021, a global energy think tank at Columbia University held a private workshop with representatives from the national and international oil, financial, consulting and nongovernment organization (NOC) sectors, along with academia, to better understand the dynamics and impact of the global sustainability movement on the energy space.
Reducing Carbon Footprints at Oil, Gas Infrastructures
(P&GJ) — The energy and resources industry is undergoing one of the most significant shifts in generations. This transition is toward green energy – or renewable energy created from natural resources – that does not release greenhouse gas (GHG) emissions during production.
Equinor, Wintershall Dea Consider Building 560-Mile Pipeline to Capture CO2 Under North Sea
Equinor and Wintershall Dea eye the construction of a 900-km (560-mile) long pipeline to transport CO2 from northern Germany to storage sites offshore Norway before 2032. The pipeline is expected to have a transport capacity of 20 million to 40 million tonnes of CO2 per year.
Occidental to Begin Construction on Direct Air Carbon Capture Facility in Permian Basin
The direct air capture plant will be the world’s largest of its kind and is expected to capture up to 500,000 metric tons of carbon dioxide per year once operational with the capability to scale up to 1 million metric tons per year.
- 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
