Oil expertise meets CCS ambitions in Lapis Energy
Is there a space for carbon capture and storage (CCS) as a service? Recently formed Lapis Energy is betting there is, eyeing opportunities in the US, UK, Europe and South East Asia.
Americas
Venture Global launches new Louisiana LNG plan
Venture Global has set out plans to develop a fourth LNG facility, with an investment of $10 billion.
ExxonMobil bids for Gulf of Mexico leases ahead of carbon capture plans
ExxonMobil submitted bids for 94 drilling leases in shallow waters near the Texas coastline, an apparent step forward for a giant proposed carbon-capture project close to Houston’s industrial corridor.
Shell launches CCS project in Alberta
Shell Canada has set out plans for a large-scale carbon capture and storage (CCS) project, in Alberta.
STRYDE, Explor, and Carbon Management Canada achieve new record in seismic imaging for CCUS
Pioneering seismic technology provider STRYDE today announced its Nodes were used in conjunction with Explor PinPoint technology to achieve a new global record in land seismic trace density at the Carbon Management Canada (CMC) Field Research Station.
Exxon floats $100bn government-backed carbon capture hub
Exxon Mobil Corp. proposed a giant, $100 billion hub to capture carbon dioxide emissions along the U.S. Gulf Coast in Texas but warned that government funding would be required to pay for and develop it.
Annova LNG scraps Brownsville plan
Annova LNG has scrapped its plans for an LNG export facility in Brownsville, in Texas.
Oxy delivers world-first carbon neutral crude to India
Occidental Petroleum has delivered a first shipment of carbon-neutral oil to Reliance Industries, in India.
Chevron backs a startup proposing turning carbon into gravel
Chevron Corp. is investing in a California startup that captures carbon dioxide from factories and converts the greenhouse gas into gravel and other building materials.
Exxon holds back on technology that could slow climate change
Elk and pronghorn antelope migrate each fall through southern Wyoming, where the sparsely vegetated landscape slowly gives way to the foothills of the Rocky Mountains. Interrupting this serene vista is a dense web of steel pipes, tanks, and pumps owned by Exxon Mobil Corp.
France says ‘non’ to Engie’s US LNG plans
The French government is delaying plans for Engie to secure a deal to import US LNG, citing concerns over emissions.