The Strategic Study analyses the indispensable contribution of CCS to achieve the decarbonisation targets, while safeguarding economic competitiveness and avoiding the risks of relocation of 'Hard to Abate' industries.
Value Group has announced that Shell Ventures has joined Value Group’s investor base to accelerate and expand Value Group’s carbon capture utilisation and storage strategy.
The Government of Canada’s proposed regulations for an investment tax credit for CCUS projects include strong provisions to support jobs for skilled tradespeople, apprentices and construction workers.
Whitecap Resources Inc. announced a 26% increase to their monthly dividend as they expect to reach $1.3 billion net debt1 milestone and have signed a CO2 supply contract extension for volumes delivered to the Weyburn Project.
Carbon Capture, Utilization, and Storage: Securing North Dakota’s Energy Future Two core economic pillars of North Dakota are the energy and agriculture industries. However, both industries are historically carbon-intensive, meaning that a lot of carbon is generated during specific processes associated with these industries. Managing global carbon emissions is one of the most pressing environmental concerns of our time. Many scientists are concerned that anthropogenic (human-made) greenhouse gases (GHGs) are affecting Earth’s climate. This concern is driving policies in the United States and around the globe, which are resulting in economic incentives and preferential financing for companies taking action to lower the carbon intensity of the commodities they produce. The challenge is to address anthropogenic GHG emissions while providing access to reliable, affordable, resilient energy and products. Carbon capture, utilization and storage (CCUS) is one of the best technologies to address the challenge to decarbonize these industries while we continue to feed and power the world and grow the economic contributions of these cornerstone industries to our state.
With CCS-Ready scrubbers now being sold at pace, Wärtsilä’s studies across a range of vessel types come as next step in rapidly accelerating trajectory for CCS in shipping,
Equinor has acquired a 25 percent interest in Bayou Bend CCS LLC, positioned to be one of the largest US carbon capture and storage projects located along the Gulf Coast in Southeast Texas.
TotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, a wholly owned subsidiary of CapeOmega AS, to acquire the 40% participating interest held by CapeOmega in the CO2 storage exploration license ExL004 (the “Luna” project).
Summit Carbon Solutions has announced the submission of a Petition for Reconsideration for their pipeline permit application to the North Dakota Public Service Commission, showcasing its continued commitment to the community and addressing concerns.
Neptune Energy welcomed the award of a CO2 storage licence in the Norwegian North Sea, in partnership with Sval Energi and Storegga.
Deep Sky has joined forces with Svante Technologies Inc. to evaluate the feasibility of sequestering CO2 in Southern Quebec. Together, the companies will fund research to study the ability to capture, transport, and store CO2.
International technology group ANDRITZ has supplied its first carbon capture plant to the steel industry. The pilot plant started operating at voestalpine’s steel mill in Linz, Austria, in the second quarter of this year.
The U.S. Department of Energy has awarded an LSU-led consortium a $4.9 million project to support the first phase of the Pelican Gulf Coast Carbon Removal project.
GreenFire Energy Inc. is a member of the California DAC Hub consortium and will provide its GreenFire’s GreenLoop™ technology.
Heidelberg Materials announced that Mitsubishi Heavy Industries, Ltd. (MHI) has delivered and installed a compact CO2 pilot capture system “CO2MPACTTM” at its cement plant in Edmonton, Alberta, Canada.
Wintershall Dea has been awarded a new licence by the North Sea Transition Authority to store CO2 under the seabed. The Camelot licence’s annual storage potential is up to 6 million tonnes.
On completion of the North Sea Transition Authority’s first competitive Carbon Storage license round, Perenco UK and partner Carbon Catalyst Ltd announced that they have been awarded a license to progress the Poseidon CCS project.
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy announced up to $1.2 billion to advance the development of two commercial-scale direct air capture facilities in Texas and Louisiana.
U.S. DOE announces intent to launch carbon management initiative
By U.S. Department of Energy
November 15, 2023
The U.S. Department of Energy’s Office of Fossil Energy and Carbon Management announced ts intent to launch a “Responsible Carbon Management Initiative.”
The Shepherd CCS Project set forth by SK Energy, SK Earthon, Samsung Engineering, Samsung Heavy Industries, Lotte Chemical, Petronas, and now joined by Korea National Oil Corporation, Hanwha Corporation, Air Liquide Korea, and Shell Gas & Power.
Stanlow Terminals has signed a Memorandum of Understanding with Eni UK to explore the development of CO2 collection, shipping, and storage at the Stanlow Terminal location and then delivering the received CO2 into Eni UK’s developing infrastructure.
Carbon TerraVault Holdings announced that the California Direct Air Capture Hub has been selected to receive $11.8M in funding from the U.S. DOE under its Regional DAC Hubs Initiative.
Santos and its Bayu-Undan joint venture partners have signed a Memorandum of Understanding with Timor-Leste’s national oil company TIMOR GAP to explore partnership opportunities for the proposed Bayu-Undan CCS project offshore Timor-Leste.
enfinium has signed a Memorandum of Understanding with Eni UK to support the development of carbon capture and storage at its Parc Adfer facility in North Wales.
Minnkota received approval of a $150 million loan to help advance its Project Tundra carbon capture initiative at the Milton R. Young Station.
Occidental and ADNOC announced that they will evaluate investment opportunities in Direct Air Capture facilities and CO2 sequestration hubs in the United States and the United Arab Emirates.
The Global CCS Institute welcomes the UK government’s decision to fund two additional CCUS cluster projects. The UK government has selected Acorn CCS and Viking CCS under the Track-2 cluster sequencing process.
Babcock & Wilcox announced that it has been awarded a contract by NorthStar Clean Energy to conduct a Bioenergy with Carbon Capture and Storage engineering study to convert a coal-fired power plant in Michigan to use biomass fuel.
Mubadala Energy and Pertamina have entered into an agreement to discuss, explore and potentially engage in energy transition initiatives, primarily focused on carbon capture, utilization and storage applications in Indonesia.
Octavia Carbon has agreed with Cella Mineral Storage to build a pilot DAC facility at Cella's storage plant. Operations for ‘Project Hummingbird’ are due to begin in October 2024, with plans to sell carbon credits certified by Puro.earth.
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