With extensions, modifications and new credits up for grabs, the market for generating tax incentives is expanding but maximizing credits and not running afoul of the IRS makes the new market tricky to navigate.
TES has awarded Aker Carbon Capture a feasibility study for a capture capacity facility that would transport 400,000 tonnes of CO2 per year to facilities to produce electric natural gas.
CEO Wael Sawan told an energy conference in London the company wouldn’t blindly plunge into energy transition projects and scrapped specific spending and goals for carbon offsets.
The cancellation of Navigator CO2 Ventures' Heartland Greenway pipeline project, one of the biggest projects of its kind, is a setback to the development of CCS projects in the U.S.
Four years after acquiring Anadarko Petroleum, Occidental CEO Vicki Hollub has proved her critics wrong, and she credits the deal with carrying the company through the depths of the pandemic.
Milestone Carbon is leasing 22,000 acres of land and pore space from Texas Pacific Land Corp. in the Permian Basin for the geologic sequestration of CO2.
At a London energy conference disrupted by protestors, Aramco President and CEO Amin Nasser campaigned for a realistic energy transition and defended Saudi Arabia’s voluntary oil cuts as a “strategic” tool that allows it to respond to market volatility.
Eni says its HyNet North West industrial carbon capture and storage project aims to store about 4.5 million tonnes of CO2 per year during its first phase.
Will oil and gas companies take the less traveled road of the energy transition, or stick to business as usual?
Modern laws created to deal with the energy transition balance on the line between historical oil and gas law principles and new territory.