Carbon Capture
News
November 28, 2023
Wintershall Dea, YPF, Argentina's national energy company, and Dow, a global materials science leader, signed a Memorandum of Understanding (MoU) to jointly assess potential carbon capture and storage (CCS) opportunities in Argentina.
News
November 24, 2023
The CO2 will be transported 140 km to the depleted Viking gas fields, 2.7 km beneath the seabed, for secure permanent storage.
News
November 23, 2023
Entitled Forecasting the North Sea CCUS infrastructure to 2050, the report, which was produced in partnership with Subsea7, is designed to be used as a tool for assessing the relative cost efficiency of CCUS projects and when they would become viable.
News
November 22, 2023
(WO) — Santos and energy infrastructure business, APA Group, have signed a Memorandum of Understanding (MOU) to collaborate on the potential development of CO2 infrastructure throughout eastern Australia.
News
November 21, 2023
ADNOC, the United Arab Emirates’ main oil producer, and Australia’s Santos Ltd. have agreed to work together on carbon management and to develop technology to trap emissions that contribute to global warming.
News
November 19, 2023
(WO) — PT Pertamina (Persero) reaffirms its commitment to lead Indonesia's decarbonization efforts through a $2 billion collaboration with ExxonMobil. The companies have partnered to develop a carbon capture storage (CCS) hub in the Java Sea with a capacity of up to 3 gigatons of CO2.
News
November 16, 2023
Members of the effort, dubbed Frontier, will pay a total of $46.6 million to CarbonCapture and Heirloom. The two startups will be responsible for pulling 45,500 and 26,900 tons of CO2 out of the atmosphere respectively over the course of the deals.
News
November 15, 2023
(Bloomberg) — ExxonMobil Corp. cautioned that branding the oil industry as “villains” and attempting to limit the supply of fossil fuels will impede progress toward achieving net zero emissions, potentially perpetuating poverty for millions in the developing world.
News
November 15, 2023
(WO) — Santos and joint venture partner Beach Energy have secured significant additional carbon storage acreage by being awarded a Gas Storage Retention license southwest of Moomba.
News
November 14, 2023
Poseidon is among the largest CO2 transportation & storage projects in the UK. It is scheduled to be operational by 2029, with a total annual storage capacity of up to 40 million tonnes in its full development stage.
News
November 13, 2023
Santos has further strengthened its position as a carbon capture and storage (CCS) leader, by formalizing a Memoranda of Understanding (MoU) to collaborate on carbon solutions with Korean energy company, SK E&S.
News
November 09, 2023
Oxy Oman and OQGN intend to exchange knowledge and technical expertise to develop strategies enabling the deployment of CCUS projects in Oman in line with the national strategic direction, including carbon capture, transport of carbon dioxide to Oxy Oman’s production assets for EOR, and supporting the development of relevant policies and procedures with the appropriate government bodies.
News
November 08, 2023
The BlackRock investment represents about 40% of the project’s total $1.3 billion cost, making it one of the largest investments in direct air capture to date. It also means Occidental’s share of the cost is reduced, freeing up capital for its Permian basin oil and gas operations.
Article
October 2023
Sub-atomic and nano-laser diagnostics help quantify 25 times more CO2/acre in Texas initiative.
Article
October 2023
The journey from CCUS skepticism to solutions is driven by the need to capture 5,635 megatons of CO2 annually by 2050. While the target is steep, through embracing technology neutrality, collaboration, and lessons from existing projects, the CCUS industry should experience large-scale growth through standardized approaches and global cooperation.
News
October 17, 2023
The agreement is an important step towards HyNet North West becoming fully operational as the world’s first asset based regulated CCS business, providing carbon transportation and storage for companies in the North West of England and North Wales.
News
October 16, 2023
CEO Sophie Zurquiyah outlined how the company’s geoscience expertise can help in achieving net zero goals in areas such as carbon sequestration for imaging and monitoring carbon storage sites and finding new minerals needed for the energy transition.
News
October 09, 2023
Aramco and Siemens Energy AG will sign an agreement Monday to build a pilot project for carbon capture and storage, as the Middle East’s biggest oil producer Saudi Arabia seeks new ways to tackle emissions.
News
October 09, 2023
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.
News
October 06, 2023
The MoC seeks to strengthen the cooperation on cross boundary CCS projects between Japan and Malaysia, taking into consideration the common interest in building a CCS value chain and business model for future carbon neutrality to enhance economic, industrial and social development.
News
October 05, 2023
These studies provide an accurate, unique, and independent map-based assessment of carbon storage opportunities coupled with a desktop-ready well database and web-based visualization dashboards for informed and rapid decision-making.
