IMAGE: TWELVE
May 1, 2025
BY Youssef Tazi
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As the CCUS industry faces ongoing uncertainty, with economic challenges and evolving regulatory landscapes, one thing remains clear: The drive for scalable decarbonization is unwavering.
In the face of economic uncertainty, diversifying carbon capture technology will help keep Canada’s industry competitive globally. Expanding the range of carbon capture, utilization and storage options available to companies will increase adoption and reduce the cost of this essential technology.
Halliburton tests acoustic-based injectivity monitoring at the perforation scale to characterize supercritical fluid injection into permeable rock formations at reservoir conditions
HYCO1, Inc. and Malaysia LNG Sdn. Bhd. signed a Memorandum of Understanding to collaborate on the potential utilization and conversion of CO2 into chemical and fuel products, setting new standards for sustainability and innovation. The project will be located in Bintulu, Sarawak, Malaysia, the home of Malaysia LNG Sdn. Bhd., which is the CO2 supplier for the project.
U.S. Energy Corporation announced the closing of a strategic acquisition from a privately held company for $0.2 million, strengthening its industrial gas and carbon capture platform in Montana. As part of the Acquisition, U.S. Energy acquired approximately 2,300 net acres with carbon dioxide rights that are highly contiguous to its existing position across Montana’s Kevin Dome structure.