Crescent to Develop Integrated CCS Solution for Entergy

(Energy Analytics Institute, 20.Sep.2024) — Crescent Midstream will develop and build an integrated CCS project in Lake Charles, Louisiana capable of capturing, transporting, and permanently storing CO2 emitted […]

Equinor Secures Permit for CO2 Storage in Denmark

(Equinor, 20.Jun.2024) — Equinor has been awarded its first CCS exploration permit in Denmark as operator, together with partners Ørsted and Nordsøfonden. The partnership will start […]

Equinor Swaps Onshore US Assets with EQT

(Equinor, 15.Apr.2024) — Equinor and EQT Corporation agreed to swap Equinor’s operated position in the Marcellus and Utica shale formations in Ohio for a stake […]

Oxy and BlackRock JV to Develop STRATOS DAC Plant

(Oxy, 7.Nov.2023) — Occidental (NYSE: OXY) announced today that BlackRock (NYSE: BLK) will invest $550mn on behalf of clients in the development of STRATOS, the world’s largest Direct […]

ExxonMobil Reveals $4.9bn Purchase of Denbury

(Exxon Mobil, 13.Jul.2023) — Exxon Mobil Corporation (NYSE: XOM) entered into a definitive agreement to acquire Denbury Inc. (NYSE: DEN), an experienced developer of carbon capture, utilization […]

Can We Bury Carbon? [VIDEO]

(OMW, 27.Jun.2023) â€” What if we could mitigate the effects of global warming by trapping greenhouse gases at their source and putting them deep underground so they […]

Houston Texans to Purchase Carbon Removal Credits

(Oxy, 6.Jan.2023) — 1PointFive, a subsidiary of Occidental’s (NYSE: OXY) Low Carbon Ventures (OLCV) business, today announced an agreement and sponsorship with the Houston Texans […]

CCS Could Impact Emissions Of LNG Projects

(WoodMac, 25.Aug.2021) — The use of carbon capture and storage (CCS) could have a material impact on LNG projects’ carbon emissions. Depending on the strategy […]

Companies Take Steps Toward Climate Neutrality

(Bloomberg, 24.Aug.2021) — Unlike the other oil majors, nationalized fossil fuel businesses are arms of the state, and therefore can’t bend as far. Petroleos Mexicanos […]

Oil Price Windfall A ‘Golden Opportunity’

(WoodMac, 19.Aug.2021) — Oil and gas companies must use the current cash flow windfall opportunity to speed up decarbonisation of their businesses, global natural resources […]

bp And Cemex Join Up On Net-Zero Emissions

(bp, 13.May.2021) — bp and Cemex, S.A.B. de C.V. (NYSE: CX) will work together on accelerating the progress of Cemex’s 2050 ambition to deliver net-zero CO2 concrete […]

Achieving Paris Goals To Upend Markets

(WoodMac, 15.Apr.2021) — If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. […]

Using CO2 Enhances Oil Recovery In TT

(Trinidad and Tobago Newsday, 15.Apr.2021) — In February 2021, the Ministry of Energy and Energy Industries (MEEI) announced that Cabinet agreed to establish a carbon […]

Total, Siemens To Reduce LNG Related Emissions

(Total, 13.Apr.2021) — Total and Siemens Energy signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on […]

ContourGlobal To Capture, Utilize CO2

(ContourGlobal, 29.Mar.2021) — ContourGlobal plc and Alpek, S.A.B. de C.V. formed a new company that is developing a CO2 capture and liquefaction facility for sale […]

Keystone XL Commits To Renewable Energy

(TC Energy, 17.Jan.2021) — TC Energy Corporation today announced a new sustainable energy initiative for the Keystone XL Project. The company will achieve net zero […]

Petrobras Reports Record Production In 2020

(Petrobras, 7.Jan.2021) — Petrobras registered records in its 2020 annual oil production and total annual production (oil and gas) of, respectively, 2.28 million barrels per […]

Braskem Announces Research Partnership

(Braskem, 14.Dec.2020) — Braskem, the largest polyolefins producer in the Americas and a leading producer of biopolymers in the world, has joined forces with the […]

Gunvor Launches $540mn Biodiesel Borrowing Base

(Gunvor, 4.Dec.2020) — Gunvor Group successfully closed a new $540mn borrowing base facility to support the company’s biodiesel trading activity. The facility drew strong support […]

Total And ADNOC Ink CO2 Emissions Framework Deal

(Total, 12.Nov.2020) — Total signed a strategic framework agreement with the Abu Dhabi National Oil Company (ADNOC), to explore joint research, development and deployment partnership […]

Braskem On Carbon Neutrality By 2050

(Braskem, 10.Nov.2020) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, announces its latest sustainability ambitions to […]

Sempra And Salk Partner In Carbon Capture Deal

(Sempra Energy, 9.Nov.2020) — Sempra Energy and the Salk Institute today announced a new project to advance plant-based carbon capture and sequestration research, education and […]