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HomeCCUS

CCUS

Subsea7
Carbon Capture

Subsea7 begins pipe spooling for Northern Lights CCS project

March 20, 2023 Mariel Alumit

A Subsea7 pipelay vessel has begun pipe spooling for the Northern Lights carbon capture and storage (CCS) project being developed in Norway. Subsea7Source: Subsea7 The vessel Seven Oceans arrived at Subsea7’s Vigra Spoolbase in Norway […]

CCUS

LR green lights Rotoboost’s pre-combustion carbon capture system

March 17, 2023 Mariel Alumit

Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Rotoboost, a Nordic hydrogen production company, for its pre-combustion Carbon Capture System (CCS) Rotobox. Image credit: Lloyd’s Register Rotobox uses thermocatalytic decomposition process (TCD) onboard […]

U.S
CCUS

While high demand spurs U.S. gas production, low-carbon and green shift set to curb emissions

March 17, 2023 Mariel Alumit

Photo: Illustration; Source: U.S. Energy Information Administration (EIA) Back to overview Home Fossil Energy While high demand spurs U.S. gas production, low-carbon and green shift set to curb emissions PremiumIllustration; Source: U.S. Energy Information Administration […]

Carbon Capture

Daily Energy Standup Episode #76 – Did sanctions kill the dollar? Hats off to OXY for the right path to ESG – EU LNG imports from Russia the highest in 3 years

March 8, 2023 Andy Del Prado

Daily Standup Top Stories EU’s LNG imports from Russia see highest levels in 3 years March 7, 2023 Mariel Alumit European Union’s LNG imports from Russia last year rise by 31% and 35% compared to […]

SLB
CCUS

SLB New Energy to Target Billion-Dollar Opportunities Only

March 1, 2023 Mariel Alumit

SLB – known as Schlumberger until three and a half months ago – is aiming for billion-dollar business opportunities only under its New Energy unit. “We look for two things: impact and scale,” Gavin Rennick, […]

Occidental
CCUS

Occidental raises spending budget, delays direct air capture launch

February 28, 2023 Mariel Alumit

​ The Occidental Petroleum Corp headquarters is pictured in Los Angeles, California September 16, 2013. REUTERS/Mario Anzuoni/File Photo Summary Occidental misses Q4 profit estimate as inflation hits Quarterly dividend increased about 38% to 18 cents […]

Carbon
Carbon Capture

Carbon Offset Market Could Reach $1 Trillion With Right Rules

February 16, 2023 Mariel Alumit

Doubts over credit quality and climate impact gave investors pause in 2022, but long-term demand could still drive massive growth: BNEF New York and London, January 23, 2023 – The total value of carbon credits produced […]

CCUS

EU Eyes 90% CO2 Cut By 2040 For Trucks

February 16, 2023 Mariel Alumit

By Julieanne Geiger of Oilprice.com The European Commission proposed tighter CO2 rules for heavy-duty vehicles this week, mandating that all new trucks reduce emissions by 90% by 2040 and all new city buses emit zero […]

Exxon
CCUS

Exxon to use Honeywell carbon capture tech at hydrogen facility

February 15, 2023 Mariel Alumit

NEW YORK, Feb 15 (Reuters) – Exxon Mobil Corp (XOM.N) will use technology from Honeywell International Inc (HON.O) to capture carbon dioxide at a proposed hydrogen production facility in Texas, Honeywell said. Honeywell said the technology would enable […]

CO2
CCUS

Denmark’s first CO2 storage project to soon begin commissioning tests

February 12, 2023 Mariel Alumit

Home Subsea Denmark’s first CO2 storage project to soon begin commissioning tests Offshore supply vessel Aurora Storm has left the Danish Port of Esbjerg towards the site of Project Greensand, allowing commissioning tests to soon […]

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