Velda
Addison
Hart Energy
CCS/CCUS
A&D Minute: Occidental’s Voyage into Direct Air Capture Development [WATCH]
In this week's A&D Minute, Enverus' Andrew Dittmar discusses Occidental's recent acquisition of direct air capture company Carbon Engineering and how it will push the energy transition forward.
Barrell Energy to Develop Gulf Coast Carbon Storage Network
Barrell Energy Inc. is developing a network of carbon sequestration sites along the Gulf Coast.
Equinor Acquires 25% Stake in Bayou Bend CCS Project
Bayou Bend is being developed on 140,000 gross acres of pore space for permanent CO2 sequestration and gross potential storage resources of more than 1 billion metric tons.
Chevron’s Jeff Gustavson Talks New Energies, Taking Risks
Chevron is spending about 10% to 12% of its overall budget in the low carbon space as it strives for net-zero emissions by 2050, its new energies president says.
TotalEnergies to Acquire Luna Project Interest from CapeOmega
TotalEnergies has entered into an agreement with CapeOmega Carbon Storage AS to acquire the 40% participating interest held by CapeOmega in a CO2 storage exploration license.
Occidental Leaps into DAC, but Will Costs Drag it Down?
Occidental Petroleum is taking a multibillion-dollar leap into direct air capture (DAC), recently inking a $1.1 billion deal to acquire technology partner Carbon Engineering. But can the company bring down costs for its DAC dreams?
Occidental Petroleum to Acquire Carbon Engineering for $1.1B
Occidental Petroleum has worked with Carbon Engineering on direct air capture technology since 2019, and CEO Vicki Hollub said the technology partnership will add new revenue streams in the form of technology licensing and royalties.
Chevron Announces Investments in Western Australia Projects
The projects aim to enhance the sustainability of Western Australia’s agricultural sector.
Occidental, Battelle-led DAC Projects Land Up To $1.2 Billion in Funding From US
The demonstration projects aim to kickstart and advance development of the nation’s first two commercial-scale DAC facilities.
Constellation Energy Supports EPA’s Carbon Reduction Guidelines
Constellation Energy CEO Joe Dominguez said he is “disappointed” in peers that don’t agree with the U.S. Environmental Protection Agency's “practical” and “flexible” proposal.