The captured carbon will permanently stored in a saline aquifer using an injection well with a capacity of up to 2 million tons of CO2 per year.
Denbury Carbon Solutions will transport and store CO2 captured from Canadian fertilizer company Nutrien Ltd.'s Geismar, La.-based clean ammonia project under a new term-sheet agreement.
In an exclusive video interview, Alisa Lukash, vice president of shale research at Rystad Energy, discussed how the current environment will impact short- and long-term sustainability strategies of U.S. shale companies.
Operators are looking to the technology as an opportunity to not just offset their own emissions, but to make money.
The government of Panama is partnering with energy companies to develop advanced biorefinery that will increase low-carbon aviation fuel supply to help achieve the government's goal of net-zero carbon emissions by 2050.
However, despite facing growing pressure to take action on climate change, CEOs said that lack of reliable data, uncertain returns and policies are hindering their ability to take action.
The Biden administration mistakenly believes that the shale industry can "just run out, set up a bunch of rigs and grow production over night,” said Steve Green, president of Chevron's North America E&P division, speaking at Hart Energy's DUG Permian and Eagle Ford conference.
In this exclusive video interview, Steve Green, president of North American E&P at Chevron, discusses future of the Permian Basin and more.
Upon completion, the project will capture and store CO2 from Linde’s hydrogen production facilities in the greater Houston area—and potentially from its other Texas facilities.
“The initiative is an all-in approach where we say that virtually all methane emissions from the industry can and should be avoided,” OGCI’s Julien Perez said of the coalition’s global goals at Hart Energy’s Carbon Management Conference on May 16.