Tag: Carbon Capture
CCS technology a possible profit maker for oil majors
Carbon capture and storage (CCS) development has been held back due to high costs Carbon capture and storage, or CCS, technology could help industries known for having large carbon footprints reduce their CO2 emissions even though demand for their products is on the rise. The International Energy Agency forecasts the demand for steel, chemicals and […]
Unique-in-the-world carbon capture and storage Field Research Station opens
Field station will measure carbon capture effectiveness at intermediate well depth A decade of planning, a significant investment in leading-edge research infrastructure, and a careful fostering of partnerships with government and industry culminated this week in the official opening of the Containment and Monitoring Institute’s carbon capture and storage Field Research Station located in Newell […]
ExxonMobil expands algae biofuel and carbon capture research facility
Expansion of ExxonMobil research center expected to be completed by 2019 ExxonMobil announced today that it has broken ground on the expansion of its research facility in Clinton, N.J., a key center of innovation that supports research and development programs, according to a press release. “The expansion of our New Jersey research and engineering center will […]
Calgary, Norwegian universities team up on carbon capture, enhanced oil recovery
University of Calgary and Norway exchange students to enhance research Carter Dziuba conducted energy research this summer in Norway – after completing his graduate degree at the University of Calgary – under a new partnership between the university and the Norwegian University of Science and Technology (NTNU), according to a press release. He worked with Reidun Aadland, […]
University of Houston researchers launch carbon capture to help boost India’s oil production
India imports over 80% of its crude oil Researchers from the University of Houston have begun a $1.4 million project to demonstrate using carbon capture from nearby petrochemical plants to boost recovery in an oil field in the Indian state of Assam, a project they hope will help to reduce the country’s carbon footprint. The project […]
Oslo trash incinerator shows promise in climate change test
Oslo trash incinerator costs very high By Alister Doyle OSLO, Jan 31 (Reuters) – The Oslo trash incinerator has shown promising results in the world’s first experiment to capture greenhouse gases from the fumes of burning rubbish as a new way to slow climate change, officials said on Tuesday. If built at full scale, however, the […]
Top 5 global carbon capture vendors from 2017 to 2021 – Technavio
Global carbon capture and storage vendors market is in its infancy Technavio announced the top five leading vendors in their recent global carbon capture and storage (CCS) market report, according to a press release. This market research report also lists 12 other prominent vendors that are expected to impact the market during the forecast period. Competitive […]
$1 billion Texas carbon capture project to curb emissions, up oil recovery
Texas carbon capture project used to extract crude from nearby oilfield By Ernest Scheyder THOMPSONS, Texas, Jan 10 (Reuters) – NRG Energy Inc and JX Nippon Oil & Gas Exploration Corp said on Tuesday they had begun operations at a $1.04 billion Texas carbon capture facility at a coal-fired power plant and were using the emissions […]
Big Oil pledges $1 billion for gas technologies to fight climate change
Big oil under pressure from investors to address climate change By Karolin Schaps and Ron Bousso LONDON, Nov 4 (Reuters) – Some of the world’s biggest oil companies, including Saudi Aramco and Royal Dutch Shell, pledged on Friday to invest $1 billion to develop climate change-friendly technologies as a global deal to wean the world off oil […]
ExxonMobil invests $15 million into University of Texas technology research
ExxonMobil collaborated with over 80 universities worldwide in researching breakthrough energy technologies AUSTIN, Texas – ExxonMobil has announced that it will invest $15 million as a leadership member of the University of Texas at Austin Energy Institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the risk of climate change. The joint […]
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