CO2 Capture

Source: Reuters

Cargill launches U.S. carbon farming program for 2022 season

Nasdaq


Global commodities trader Cargill Inc CARG.UL said on Thursday it is launching a carbon farming program for the 2022 season that will pay growers for production practices that lower emissions and capture more climate-warming carbon in soils.

Cargill’s RegenConnect …

Source: CNBC

Chevron CEO explains why the oil giant’s lower-carbon investments look past wind and solar energy

CNBC


Chevron Chairman and CEO Mike Wirth told CNBC on Wednesday the oil company’s lower-carbon investments focus on areas such as renewable natural gas and hydrogen because it sees significant potential to create shareholder value.

“One of the things we’ve …

Source: Reuters

European banks termed ‘hypocrites’ for doing business with fossil fuels

World Oil


(Bloomberg) –Barclays Plc and Deutsche Bank AG are among 17 banks accused by climate law activists of “hypocrisy” over work related to a controversial North Sea oil field.

ClientEarth, a London-based group of lawyers that brings environmental cases, …

Source: Reuters

World’s largest plant capturing carbon from air starts in Iceland

Reuters


The world’s largest plant that sucks carbon dioxide directly from the air and deposits it underground is due to start operating on Wednesday, the company behind the nascent green technology said.

Swiss start-up Climeworks AG, which specialises in capturing …

Haynes and Boone, EnerCom Oil & Gas ESG Tracker

Haynes and Boone, EnerCom Oil & Gas ESG Tracker

Oil and Gas 360


Over the past year, environmental, social and governance (ESG) has been a transformative force in the oil and gas industry, driving company decision-making and impacting nearly every aspect of oil and gas production. In response to …

Source: Baker Hughes.com

Baker Hughes conducts CO2 sequestration study at California ethanol plant sites

World Oil


CUPERTINO, CA – A new study concluded that more than 2 million metric tons (MT) per year of CO2 can be removed from the atmosphere and injected safely into the earth at two ethanol plant sites in California. …

Source: Reuters

Exxon’s Imperial Oil outlines plan to produce plant-based renewable fuel

Reuters


Imperial Oil Ltd, one of Canada’s biggest oil producers and refiners, on Wednesday outlined a plan to process vegetable oil into renewable diesel at its 191,000-barrel-per-day Strathcona refinery.

The project, which still requires final approval, is part of majority-owner …

Haynes and Boone, EnerCom Oil & Gas ESG Tracker

Haynes and Boone, EnerCom Oil & Gas ESG Tracker

Oil and Gas 360


Over the past year, environmental, social and governance (ESG) has been a transformative force in the oil and gas industry, driving company decision-making and impacting nearly every aspect of oil and gas production. In response to …

Source: Reuters

Column: IEA’s roadmap shows difficult journey to net zero: Kemp

Reuters


LONDON – Polarised responses to the International Energy Agency report on achieving net zero emissions by 2050 reveal the enormous challenges of the goal and differences about whether it is realistic in the timeframe.

Like the Rorschach inkblot test, …

Regulations crack-down on fugitive methane emissions

Regulations crack-down on fugitive methane emissions

Oil & Gas 360


Publisher’s Note: Trido Solutions will be presenting in-person on the Methane Mitigation Panel at The Oil & Gas Conference on Wednesday, August 18th from 1:30 p.m. MT – 2:30 p.m. MT at the Westin Denver Downtown

Regulations crack-down on fugitive methane emissions

Regulations crack-down on fugitive methane emissions

Oil & Gas 360


Publisher’s Note: Trido Solutions will be presenting in-person on the Methane Mitigation Panel at The Oil & Gas Conference on Wednesday, August 18th from 1:30 p.m. MT – 2:30 p.m. MT at the Westin Denver Downtown

Source: CNBC

Carbon capture is expected to play a pivotal role in the race to net zero emissions. But not everyone agrees

CNBC


LONDON — Carbon capture technology is often held up as a source of hope in reducing global greenhouse gas emissions, featuring prominently in countries’ climate plans as well as the net-zero strategies of some of the world’s largest oil …

Source: Reuters

Pandemic recovery to push emissions to all-time high – IEA

Nasdaq


LONDON – The global rebound from the COVID-19 pandemic is set to drive emissions of greenhouse gases that stoke climate change to all-time highs, the Paris-based International Energy Agency said in a report on Tuesday.

“We estimate that full

Source: Baker Hughes

Avitas delivers on new contract to provide continuous methane emissions monitoring for Roeslein Alternative Energy

Baker Hughes


HOUSTON – June 24, 2021 – Avitasa Baker Hughes business, has been awarded a contract from renewable energy operator Roeslein Alternative Energy (RAE) to provide continuous methane emissions monitoring at its 22 biogas lagoons in Missouri. …

Source: Reuters

Shell urged to drop appeal over landmark climate ruling

Reuters


LONDON – A Dutch activist group that won a legal battle against Royal Dutch Shell RDSa.L over its climate strategy has urged the company to ditch its appeal and hold joint talks on how to reduce its emissions, according …

Source: Reuters

Reuters Events-Duke Energy CEO sees hurdles for Biden’s decarbonization timeline

Nasdaq


U.S. President Joe Biden’s target to decarbonize the nation’s power industry by 2035 will only be achievable if clean energy technologies like advanced nuclear and carbon capture rapidly become commercially viable, according the chief executive of leading U.S. utility …

Source: Reuters

Russia says EU carbon border tax may impinge on global trade rules

Reuters


MOSCOW – Russian Deputy Prime Minister Alexander Novak said on Thursday that the European Union’s plans to impose carbon emission costs on imports of goods may clash with the global trade rules and threaten the safety of energy supplies.

Source: Reuters

Lundin sells ‘carbon neutral’ oil to South Korea’s GS Caltex

Offshore Engineer


Lundin Energy has sold an oil cargo certified as carbon neutral at the point of production to South Korean refiner GS Caltex in the first such sale of crude from Norway’s Johan Sverdrup field, the Swedish company said …

Source: Reuters

Shell to step up energy transition after landmark court ruling

Reuters


LONDON – Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely

Goodnight Midstream announces the execution of a 100 percent renewable energy contract with TXU Energy

Goodnight Midstream announces the execution of a 100 percent renewable energy contract with TXU Energy

Supports Goodnight Midstream’s Commitment to Significantly Reducing CO2 Emissions

TXU Energy to Supply Goodnight with Clean Renewable Energy

DALLASJune 3, 2021 /PRNewswire/ — As part of its ongoing efforts to reduce greenhouse gas emissions, Goodnight Midstream LLC (“Goodnight”), …

Source: Reuters

France’s Total to face climate plan pressure at investor meeting

Reuters


Several Total (TOTF.PA) shareholders plan to demonstrate their concern that the French firm is not doing enough to curb carbon emissions at its shareholder meeting on Friday, as global oil and gas companies come under growing environmental pressure.

The …

Source: CNBC

Dutch court rules oil giant Shell must cut carbon emissions by 45% by 2030 in landmark case

CNBC


LONDON — A Dutch court on Wednesday ruled oil giant Royal Dutch Shell must reduce its carbon emissions by 45% by 2030 from 2019 levels.

That’s a much higher reduction than the company’s current aim of lowering its emissions …

Source: Reuters

Global carbon pricing schemes raised $53 billion in 2020 – World Bank

Reuters


LONDON – Countries around the world raised $53 billion last year by charging firms for emitting carbon dioxide (CO2), up almost 18% from 2019 as some imposed new levies and prices in some existing schemes rose, the World Bank …

Source: catahoularesources.com

Battelle and Catahoula Resources forge partnership to accelerate carbon capture, utilization and storage

COLUMBUS, Ohio & HOUSTON–(BUSINESS WIRE)–Battelle and Catahoula Resources (“Catahoula”) will jointly develop solutions for the capture, transport and sequestration of carbon dioxide produced at ethanol facilities in Nebraska.

The agreement pairs the world’s largest private independent research …

Source: Reuters

BP’s lobbying for gas shows rifts over path to net-zero emissions

Reuters


LONDON/BRUSSELS – Oil major BP BP.L has lobbied for the EU to support natural gas, a move that exposes divergent views among investors and reflects a wider European dispute about the role of the fossil fuel in the transition …

Big Oil won’t become major investors in renewable technology even as investment soars, IEA analyst says

Big Oil won’t become major investors in renewable technology even as investment soars, IEA analyst says

CNBC


Oil companies will increase their investment in renewables over the coming years but won’t become major investors in the technology that underpins the sector, according to a lead author of the International Energy Agency’s Renewable Energy Market Update.

Speaking …

Source: Reuters

Column: Who will pay for the energy transition? Kemp

Reuters


LONDON – The transition from a fossil-fuel dominated energy system to one with zero emissions would require trillions of dollars of investment in new production, distribution and consumption equipment worldwide.

 

New investments could support millions of new jobs …

Source: Houston Chronicle

Exxon eyes Houston for $100B carbon capture hub

Houston Chronicle


Exxon Mobil said it believes Houston is the “perfect place” for a giant, $100 billion project to capture carbon dioxide emissions from the city’s industrial area along the Ship Channel.

The Irving oil major warned, however, that developing …

Source: Reuters

Analysts raise EU carbon price forecasts as tougher climate targets loom

Reuters


LONDON – Analysts have raised their European carbon market average price forecasts after prices hit record highs this month on expected toughening of EU climate targets and as cold weather drove up the cost of carbon permits.

EU Allowances …

Source: Reuters

Australia shies from backing net zero by 2050 ahead of Biden climate summit

Reuters


CANBERRA – Australian Prime Minister Scott Morrison stopped short of endorsing a 2050 target for net zero greenhouse gas emissions ahead of U.S. President Joe Biden’s climate summit this week.

In a speech on Monday, he said only that …