carbon capture

DUBAI, United Arab Emirates — The chief executive of the world’s largest oil and gas company believes global efforts to curb the effects of climate change have focused too much on renewable energy, while neglecting hydrogen, carbon capture and other... Read More

OMAHA, Neb. — The developer of a proposed $3.5 billion carbon capture pipeline expected to run through four mid- and upper-midwestern states, summarily canceled the project on Friday, citing "the unpredictable nature of the regulatory and government processes involved." The... Read More

SEATTLE — Amazon said Tuesday that it is making two sizable investments intended to further both the development of direct air capture technologies to scrub the atmosphere of harmful carbon and its own goal to reach net-zero carbon emissions by... Read More

HOUSTON — ExxonMobil has signed a carbon capture and storage agreement with the Nucor Corporation that will see the energy giant capture, transport and store up to 800,000 metric tons of CO2 a year from a manufacturing site in Convent,... Read More

IRVING, Texas — ExxonMobil and CF Industries, a global manufacturer of hydrogen and nitrogen products, have entered into what the parties describe as the “the largest commercial agreement of its kind” to capture and permanently store up to 2 million... Read More

WASHINGTON — A total of $4.9 billion in funding is available to bolster the activity in the carbon management industry and ultimately help significantly reduce greenhouse gas emissions from power generation and industrial operations.  The funding, which is being made... Read More

HOUSTON — 1PointFive and Manulife Investment Management have entered into a lease agreement for approximately 27,000 acres of timberland in western Louisiana for a carbon capture and sequestration project. The agreement provides 1PointFive with access to subsurface pore space and... Read More

WASHINGTON — The desperation wrought this summer by record heat and drought across parts of the United States were obvious during a Senate hearing Wednesday on how to capture and reuse greenhouse gases. Only a few years ago, carbon capture... Read More

PLANO, Texas — Denbury Inc., an independent energy company active along the Gulf Coast and in the Rocky Mountain region, has signed a lease for roughly 18,000 acres near Donaldsonville, Louisiana, for use as a carbon sequestration site. The site... Read More

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... Read More

HOUSTON — Chevron U.S.A. Inc. has launched a carbon capture and storage project it says will greatly reduce the harmful carbon emissions from its operations in the San Joaquin Valley of California. The project, part of the company’s expanding effort... Read More

HOUSTON — Two titans of the Texas oil industry are teaming up on a carbon capture and transportation project they believe could be the cornerstone of a future low-carbon economy in the heart of oil and gas country. The partners... Read More

WASHINGTON — The Government Accountability Office is pressing lawmakers to institute legislation that would improve oversight and accountability of the Department of Energy’s carbon capture and storage demonstration project expenditures. GAO conducted a study of DOE’s investment of $1.1 billion... Read More

WASHINGTON -- Sens. Michael Crapo, R-Idaho, and Sheldon Whitehouse, D-R.I., proposed legislation on Thursday that would grant tax credits to energy companies innovating carbon capture or energy storage tech. The legislation, entitled the “Energy Sector Innovation Credit Act of 2021,”... Read More

As technology goes, it hasn’t reached the level of maturity of other methods to address climate change -- like wind- or solar-energy -- but carbon capture and storage has certainly caught the attention of lawmakers on Capitol Hill. Among the... Read More

ARLINGTON, Va. - Venture Global LNG unveiled plans last week to capture and sequester carbon at two of its liquid natural gas facilities in Louisiana. Having concluded a comprehensive engineering and geotechnical analysis at the sites in Calcasieu Pass and... Read More