ExxonMobil, Shell to Pursue Carbon Capture and Storage Hub in China

July 4, 2022 by Dan McCue
ExxonMobil, Shell to Pursue Carbon Capture and Storage Hub in China
Dayawan Petroleum Industrial Park (Government of Dayawan)

IRVING, Texas — ExxonMobil and Shell are partnering with two Chinese entities — the China National Offshore Oil Corporation and Guangdong Provincial Development and Reform Commission — to evaluate the potential for a world-scale carbon capture and storage project in China.

The joint study seeks to identify carbon capture and storage opportunities at the massive  Dayawan Petrochemical Industrial Park in Huizhou, Guangdong Province.

If the joint study meets expectations, the partners believe it could pave the way for the industrial park to capture as much as 10 million metric tons of CO2 per year.

In addition to assessing the commercial opportunity for carbon capture and storage in one of China’s largest industrial areas, the companies will also evaluate the emissions-related policies currently in place in China and propose amendments that would support the deployment of carbon capture and storage in the industrial park.


The project could also serve as a model for the chemical industry as one of the first petrochemical projects to be decarbonized.

In the meantime, China reportedly considers it an important step toward its goal of achieving carbon neutrality by 2060. 


“Collaboration with government and industry is an important part of unlocking future carbon capture and storage opportunities, with the potential for large-scale reductions of emissions from vital sectors of the global economy,” said Dan Ammann, president of ExxonMobil Low Carbon Solutions, in a written statement. 

“Well-designed government policies will help accelerate the broad deployment of lower-emissions technologies in support of society’s net-zero ambitions,” he said.

In a joint press release, all of the partners emphasized that renewable energy technologies will be an important part of reaching society’s net-zero objectives.

However, they also stressed they see carbon capture and storage as “a safe, proven and consistent technology” that can enable some of the highest-emitting sectors such as manufacturing, power generation, refining, petrochemical, steel and cement industries to reduce their emissions. 

“The prospect of bringing together public and private entities to utilize carbon capture and storage collectively to reduce industrial emissions offers tremendous opportunity,” they said.


On a related note, ExxonMobil said it is also pursuing strategic investments in biofuels and hydrogen to bring those lower-emissions energy technologies to scale for hard-to-decarbonize sectors of the global economy.

Dan can be reached at [email protected] and at https://twitter.com/DanMcCue

A+
a-

In The News

Health

Voting

Environment

August 16, 2022
by Tom Ramstack
Environmental Justice Index Announced to Help Guide Federal Policy

WASHINGTON — The Department of Health and Human Services is launching a new online tool to help communities gauge the... Read More

WASHINGTON — The Department of Health and Human Services is launching a new online tool to help communities gauge the extent pollution is contributing to health risks for their residents. It is intended primarily to benefit residents of disadvantaged communities. The tool, called the Environmental Justice... Read More

Colorado River Cuts Expected for Arizona, Nevada and Mexico

SALT LAKE CITY (AP) — The federal government on Tuesday is expected to announce water cuts to states that rely... Read More

SALT LAKE CITY (AP) — The federal government on Tuesday is expected to announce water cuts to states that rely on the Colorado River as drought and climate change leave less water flowing through the river and deplete the reservoirs that store it. The Colorado River... Read More

Northeastern Farmers Face New Challenges With Severe Drought

PROVIDENCE, R.I. (AP) — Vermont farmer Brian Kemp is used to seeing the pastures at Mountain Meadows Farm grow slower... Read More

PROVIDENCE, R.I. (AP) — Vermont farmer Brian Kemp is used to seeing the pastures at Mountain Meadows Farm grow slower in the hot, late summer, but this year the grass is at a standstill. That's “very nerve-wracking” when you're grazing 600 to 700 cattle, said Kemp,... Read More

August 12, 2022
by Tom Ramstack
Mistrial in Michigan Water Contamination Lawsuit Blamed on Jury Stress

FLINT, Mich. — A federal judge declared a mistrial Thursday in a lawsuit over contamination of the Flint, Michigan, water... Read More

FLINT, Mich. — A federal judge declared a mistrial Thursday in a lawsuit over contamination of the Flint, Michigan, water supply after jurors who were unable to reach a verdict told him they were too stressed to continue. After nearly a week of deliberations, the jurors... Read More

'We're Back, Baby': New Bill Boosts US Climate Credibility

WASHINGTON (AP) — After a moment when hopes dimmed that the United States could become an international leader on climate... Read More

WASHINGTON (AP) — After a moment when hopes dimmed that the United States could become an international leader on climate change, legislation that Congress is poised to approve could rejuvenate the country’s reputation and bolster its efforts to push other nations to reduce greenhouse gas emissions... Read More

Billions Pour Into Bioplastics as Markets Begin Ramping Up

CLEVELAND (AP) — In a world increasingly troubled by the persistent harm that plastic — manufactured in petrochemical plants —... Read More

CLEVELAND (AP) — In a world increasingly troubled by the persistent harm that plastic — manufactured in petrochemical plants — has had on the environment, companies are investing billions of dollars to ramp up production of plastics made from natural, renewable materials that can be safely... Read More

News From The Well
scroll top