Airbus and a number of major airlines—Air Canada, Air France-KLM, easyJet, International Airlines Group, LATAM Airlines Group, Lufthansa Group and Virgin Atlantic—have signed Letters of Intent (LoI) to explore opportunities Continue Reading
Exxon Mobil Corp. (XOM.N) on Tuesday said it plans a hydrogen production plant and a carbon capture and storage (CCS) project at its Baytown refinery near Houston, Texas, an effort Continue Reading
University of Delaware engineers have demonstrated an effective way to capture 99% of carbon dioxide from the ambient air feed to an hydroxide exchange membrane fuel cell (HEMFC) air using Continue Reading
A Massachusetts-based startup that captures carbon dioxide directly from the air has raised $80 million from investors, including Bill Gates-led Breakthrough Energy Ventures. Founded in 2019, Verdox Inc.’s technology is Continue Reading
Carbon capture and storage played a large role in Lease Sale 257, which recorded a bumper crop of bids from oil and gas producers Nov. 17 for drilling rights in Continue Reading
U.S. shale oil firm EOG Resources (EOG.N) said on Friday it aims to begin a carbon dioxide injection program by late 2022 to reduce greenhouse gases from its oil and Continue Reading
U.S. President Joe Biden’s administration on Friday set a goal for driving down the cost of removing carbon dioxide from the atmosphere, as part of a U.S. plan to decarbonize Continue Reading
The U.S. Department of Energy on Friday will unveil its biggest effort yet to drastically reduce the cost of technologies that suck carbon dioxide out of the atmosphere, in a Continue Reading
Global plans to build carbon capture and storage (CCS) plants have mushroomed over the last nine months as governments and companies accelerate the hunt for ways to cut emissions and Continue Reading
The world’s largest direct-air capture facility, Orca, right, at the Hellisheidi geothermal power site, in Iceland. Startups Climeworks and Carbfix are working together to store carbon dioxide removed from the Continue Reading
Researchers at the Department of Energy’s Pacific Northwest National Laboratory have developed a new method to convert captured CO 2 into methane, the primary component of natural gas. By using Continue Reading
China’s top offshore oil and gas producer, CNOOC, has launched the country’s first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more Continue Reading
Reinsurance giant Swiss Re announced Wednesday that it had signed the world’s first long-term agreement to take carbon directly out of the air. The contract with Climeworks AG, one of Continue Reading
The US oil and gas pipeline industry is looking for new opportunities to lay steel in the ground with pipes that carry the carbon dioxide produced when fossil fuels are Continue Reading
A Danish project to store captured CO2 in North Sea reservoirs that were once filled with oil and gas moved a step closer to becoming operational, after winning approval from Continue Reading
Skyrocketing carbon prices and a “ code red ” warning about the threat posed by climate change are giving fresh momentum to a technology that captures and removes greenhouse gas Continue Reading
Check out this recap of popular downstream-related articles on Rigzone. Rigzone’s downstream readers showed much interest last week in new carbon capture and storage (CCS) developments from a pair of Continue Reading
ExxonMobil and Chevron confirmed their commitments to building large-scale projects to address climate change April 30, beginning with a focus on carbon capture. Receive daily email alerts, subscriber notes & Continue Reading
“We’re sending carbon back where it came from,” Norway’s energy giant Equinor says , describing its efforts to make carbon capture and storage (CCS) commercially viable in a future decarbonized Continue Reading
An Elon Musk tweet can do everything from moving the stock market to convincing people to invest in a joke cryptocurrency. So when the richest man on Earth tweeted in Continue Reading
Five years ago, a handful of oil majors launched what they called the Oil and Gas Climate Initiative with the stated aim of accelerating the energy industry’s response to climate Continue Reading
Baker Hughes Co., one of the world’s biggest oilfield servicers, bought technology that enables companies to capture carbon emissions with a view to storing them underground as the industry faces Continue Reading
Global carbon capture and storage facility capacity increased by 33% in 2020 and 12 new commercial projects were added in the Americas, bringing that total to 38 operating facilities, which Continue Reading
The growing global drive to curb emissions has called attention to the processes of carbon capture, utilization, and storage (CCUS), heralded as an indispensable technology that will help the world Continue Reading
Baker Hughes Co., one of the world’s biggest oilfield servicers, bought technology that enables companies to capture carbon emissions with a view to storing them underground as the industry faces Continue Reading
“Reaching net zero will be virtually impossible without CCUS,” the International Energy Agency (IEA) said in a recent report on the role of carbon capture, utilization, and storage in the Continue Reading
“Reaching net zero will be virtually impossible without CCUS,” the International Energy Agency (IEA) said in a recent report on the role of carbon capture, utilization, and storage in the Continue Reading
Sprawled across the arid expanse of southwestern Wyoming is one of the world’s largest carbon capture plants, a hulking jumble of pipes, compressors and exhaust flues operated by ExxonMobil. The Continue Reading
The investment will be used to deliver a pipeline of global projects to lower emissions from the oil and gas industry. Chevron Technology Ventures, the tech arm of Chevron Corp., Continue Reading
Carbon capture and storage or reuse is gaining traction amid intensifying efforts to curb the effect of climate change on the planet. Now, a Swiss-Norwegian team of researchers has gone Continue Reading
