Exxon is working on direct air capture technology to remove carbon dioxide emissions from the atmosphere as a tool to address climate change. Exxon CEO Darren Woods said the technology is currently unaffordable, with CO2 […]
The Alaska House of Representatives voted Wednesday to allow companies to collect carbon dioxide and inject it deep underground. Supporters said they believe it will boost the state’s oil, coal and gas industries. Legislators passed House Bill […]
The oil and gas industry in North Dakota wants more carbon but the company behind a giant carbon capture project says it remains committed to underground storage. North Dakota’s oil industry sees strong potential […]
Carbon dioxide pipeline and sequestration projects would face significant new scrutiny and regulations under proposed legislation introduced this week in Illinois. Advocates who helped draft the proposal (SB 3930, HB 5814) say it is […]
Carbon capture companies find themselves in an odd position. They exist because of the threat of climate change, a problem created largely by fossil fuels. At the same time, the firms that extract and […]
BloombergNEF‘s latest report on the G-20 Zero-Carbon Policy Scoreboard reveals sluggish progress in the UK’s decarbonisation efforts over the past year. Despite being among the top performers, the UK’s overall score dropped to 63%, down […]
Safety concerns are at the heart of opposition to a proposed carbon dioxide pipeline in central Illinois, which would connect an ethanol plant to a proposed sequestration site about six miles away. The pipeline […]
SLB (NYSE: SLB) today announced an agreement to combine its carbon capture business with Aker Carbon Capture (ACC) to support accelerated industrial decarbonization at scale. Bringing together complementary technology portfolios, leading process design expertise and […]
TotalEnergies E&P USA Inc. has agreed to acquire Talos Low Carbon Solutions LLC—Talos Energy Inc.’s entire carbon capture and sequestration (CCS) business—for a combined total of about $148 million, the companies said in separate releases […]
EuropeOffshore Saipem Italian offshore engineering and construction giant Saipem has signed a letter of intent for the installation of offshore pipelines on the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power) projects. […]
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