The bill is part of the state's effort to reduce statewide greenhouse gas emissions by 85% by 2050.
Milestone Carbon LLC will evaluate geological and geophysical characteristics of Texas Pacific Land Corp.'s Permian Basin acreage for sequestering captured CO2.
The lack of emissions guidelines could serve as a barrier to significant progress as E&P companies in the Lower 48 explore advancing carbon management technologies.
While investors and end users have already started to seek out gas producers with high ESG standards, regulators are “starting to pick up on this notion of certified gas,” said Equitable Origin’s Jennifer Stewart.
Chevron’s Gorgon project ignites concern, but analysts say CCS is still in its early stages.
The collaborative research program with Colorado State University will focus on PureWest Energy’s evaluation of multiple continuous emissions monitoring technologies in field testing sites in Pinedale, Wyoming.
The action by the justices in a brief unsigned order boosted President Biden’s efforts to factor the risks of global warming into federal decision-making.
Development plans are underway for the Panola Facility, which Milestone said will provide Haynesville Shale operators with an efficient and environmentally sustainable option for disposing of their non-hazardous waste streams.
Shareholders earlier blocked proposals to accelerate carbon emission reductions at oil and gas producers TotalEnergies SE, BP Plc, Shell Plc, Occidental Petroleum Corp. and ConocoPhillips Co.
“We’re a natural consolidator, particularly when you think about the Gulf of Mexico,” Talos Energy CEO Tim Duncan said during an analyst day.