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HomeCCUS

CCUS

Oilfield
CCUS

Oilfield Service Giants Are Betting Big On ‘New Energy’ Tech

June 27, 2023 Mariel Alumit

Oilfield services companies are ramping up activity in low-carbon energy. Service companies focused on equipment and technology naturally benefit from new businesses earlier in the cycle. Current revenues from new energy businesses for the top […]

Outburst
CCUS

DAVID BLACKMON: Another Silly Outburst From The ‘Green’ Globalists

June 21, 2023 Mariel Alumit

In a new set of remarks attacking the global oil and gas industry last week, UN Secretary-General Antonio Guterres raised the hyperbole level one more time, attacking oil company investments in carbon capture and storage […]

Power
Carbon Capture

How Will Industry Be Impacted By EPA’s New Power Plant Proposal?

June 5, 2023 Mariel Alumit

Manufacturers are sweating the Environmental Protection Agency’s proposed power plant rule to cut greenhouse gases. But they are also touting the steps they have taken to cut emissions, including using combined heat and power and […]

Supreme
CCUS

US Supreme Court rulings darken forecast for EPA powers

May 31, 2023 Mariel Alumit

May 31 (Reuters) – In a span of 11 months, the U.S. Supreme Court has delivered a one-two punch against the Environmental Protection Agency’s ability to combat air and water pollution in twin rulings that […]

carbon
CCUS

U.N. slams carbon removal as unproven and risky

May 26, 2023 Mariel Alumit

A United Nations panel is casting doubt on the promise of using machines to remove vast amounts of carbon dioxide from the air and sea in order to fight climate change. The skepticism from the […]

CCUS
Carbon Capture

CCUS gains momentum in ‘subsidy arms race’

May 25, 2023 Mariel Alumit

In the global drive towards net zero, carbon capture, utilisation and storage (CCUS) is a crucial piece of the puzzle. While carbon-emitting technologies and activities are being replaced with cleaner ones, CCUS can help to […]

Climate
CCUS

Climate Act Reality Strikes As New York Admits it Needs Gas!

May 24, 2023 Mariel Alumit

Suddenly, in order to implement the Climate Leadership & Community Protection Act (Climate Act) net-zero transition the Integration Analysis, the New York Independent System Operator and the New York State Reliability Council all agree that a new resource […]

SSE
CCUS

‘Electrifying profits’ from SSE Thermal as hunt continues for CCS

May 24, 2023 Mariel Alumit

SSE (LON:SSE) saw its thermal division – the utilities firm’s gas-fired power plant arm – triple its profits during 2022 as it brought on new generation and enjoyed higher power prices. Adjusted operating earnings, reported […]

Chevron
CCUS

World’s biggest carbon capture plant running at one third capacity, Chevron Australia reveals

May 17, 2023 Mariel Alumit

United States oil and gas giant Chevron has acknowledged its flagship carbon capture and storage project off Australia’s north-west coast is operating at just a third of its capacity as problems bedevil the facility. The […]

carbon
Carbon Capture

Report: Growing carbon credit market will increase to $4.4 trillion

May 15, 2023 Mariel Alumit

InsightAce Analytic’s latest research reveals that the global carbon credit market size is valued at $402.58 billion in 2022, with an expected rise to $4.4 trillion in 2031. The market is projected to have a significant compound […]

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