Velda
Addison
Hart Energy
CCS/CCUS
SLB Unveils Carbon Storage Technology, Services Portfolio
SLB on June 16 said its Sequestri portfolio offers tailored hardware and digital workflows intended to improve decision-making across the carbon storage value chain.
DNV: Turning Point Arrives for CCS
The Northern Lights joint venture and Occidental’s 1PointFive are among the companies moving CCS projects forward.
Linde Set to Expand CO2 Capacity in Texas as Demand Rises
The new CO2 liquefaction plant in Freeport, Texas, is expected to begin operations in 2027.
PwC: Energy Sector Falling Short on Emissions Targets
PwC data show the share of energy companies on track for Scope 1 and Scope 2 targets fell to 52% in 2024 from 57% in 2023. Scope 3 saw an even bigger fall, going from 67% to 52%.
US Cancels $3.7B in Biden-Era Clean Energy Awards, Including Exxon’s
The canceled awards, largely for CCS and decarbonization initiatives, include a $332 million award to Exxon Mobil Corp.
Northwind Approved for Third Injection Well at Delaware Complex
Northwind Midstream Partners continues to expand its sour-gas operations in southeastern New Mexico.
Conestoga Energy Completes Class VI Well Drilling Operations
Focus now turns to data analysis and preparing application materials for the EPA’s Class VI well application process, the company says.
Class VI Permit Applications Plummet by 55%
Enverus says the 55% decline in Class VI permit applications during the first quarter signals a slowdown, but regulatory progress indicates continued momentum in U.S. carbon capture efforts.
E&P Highlights: May 27, 2025
Here’s a roundup of the latest E&P headlines, including new production offshore Brazil and new mapping for three U.S. basins.
Oxy, ADNOC Evaluating JV to Develop Texas Direct Air Capture Hub
Occidental Petroleum is exploring a joint venture in which ADNOC’s XRG would invest up to $500 million for the development of a direct air capture facility in South Texas.