Carbon Capture Archives - Oil & Gas 360

Energy policy crosswinds test the pace of the transition: Oil & Gas 360

March 11, 2026

(By Oil & Gas 360) – The global shift toward lower-carbon energy is facing growing pressure from a mix of investor activism, policy changes, and geopolitical turmoil, underscoring how complex the energy transition has become. At BP, a group of activist investors has pushed back after the company declined to support a shareholder proposal calling for stronger emissions commitments. The dispute

Oil and Gas 360: Energy policy at a crossroads- oil and gas 360

Energy policy at a crossroads: Oil & Gas 360

February 18, 2026

(By Oil & Gas 360)- Energy policy is entering another period of strain, and the tension now runs through institutions as much as markets. The United States is openly questioning whether the International Energy Agency has moved too far from its original energy security mandate toward climate advocacy. At the same time, Europe is confronting the rising cost of meeting

What DECARBON 2026 Reveals About the Industry’s Next Move- oil and gas 360

What DECARBON 2026 Reveals About the Industry’s Next Move on February 9-10, 2026

January 12, 2026

(Oil & Gas 360) – The oil and gas industry is moving from intention to action. With a focus on sustainability and operational advancements, this sector is investing in groundbreaking technologies to meet new demands. Find out how the Oil and Gas Decarbonisation Congress (DECARBON) 2026 is driving this transformation and reshaping the global energy landscape. The oil and gas sector

Google backs carbon-captured gas to power its AI future

October 23, 2025

(Oil Price) – Google has signed the first U.S. corporate power purchase agreement involving natural gas with carbon capture, marking a major shift in how Big Tech plans to fuel the data-hungry future of artificial intelligence. The deal centers on the Broadwing Project, a 400-megawatt gas-fired power plant planned for Decatur, Illinois, developed by privately held Low Carbon Infrastructure. The plant

Eni in talks to sell 49.99% stake in carbon capture business to GIP

May 27, 2025

Publisher’s Note: Eni SpA will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. (World Oil) – Eni has signed an agreement with Global Infrastructure Partners (GIP), a global infrastructure investor and a part of BlackRock, for exclusive talks to potentially sell 49.99% in its carbon capture, utilization and storage (CCUS) business. Eni CCUS Holdings

BKV, CIP form carbon capture joint venture with $500 million investment

May 12, 2025

(World Oil) – BKV Corporation has formed a strategic joint venture with Copenhagen Infrastructure Partners (CIP), on behalf of its Energy Transition Fund I, to expand BKV’s portfolio of carbon capture, utilization and sequestration (CCUS) projects. CIP, on behalf of its Energy Transition Fund I, has agreed to commit $500 million to be invested by the JV for use in

Dear DOGE: It’s time to end energy subsidies

February 27, 2025

(World Oil) – The American energy industry has always taken great pride in being innovative, independent, and committed to free market principles. Recently, however, executives at some of the nation’s biggest oil and gas companies are publicly embracing the same corporate welfare schemes that have propped up unreliable so-called “green” energy for decades. This is discouraging because government subsidies distort markets, encourage dependency, and waste taxpayer dollars,

BKV announces FID on carbon capture project with leading midstream operator

February 13, 2025

(Oil & Gas 360) – DENVER–(BUSINESS WIRE)– February 13, 2025 6:00 am EST– BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) today announced a strategic partnership with a leading diversified midstream energy company to develop a new carbon capture and sequestration (“CCS”) facility at a currently operating natural gas plant in South Texas. This partnership underscores BKV’s commitment to reducing

Net zero needs $5.6 trillion annual investment, but it’s not getting it

January 30, 2025

(Oil Price) – Global investments in green energy solutions topped $2 trillion last year, for the first time ever, but the world needs to pour in $5.6 trillion each year into low-carbon energy to get on track for global net zero by 2050, in line with the Paris Agreement, BloombergNEF said in a new report on Thursday. Last year, green energy investments reached a record

SLB Capturi powers up its first modular carbon capture plant

January 23, 2025

(World Oil) – SLB Capturi has completed commissioning and is handing over its modular carbon capture plant at Twence’s waste-to-energy facility in Hengelo, Netherlands. SLB Capturi is the joint venture between SLB and Aker Carbon Capture, dedicated to carbon removal and reduction solutions. The new plant has the capacity to capture up to 100,000 metric tons of CO2 per year, which

Saudi Aramco advances plan to build large-capacity CCS facility

December 4, 2024

(World Oil) – Saudi Aramco is moving closer to building a giant carbon capture and storage project at its main refining and chemicals hub at Jubail, on the kingdom’s Gulf coast. The oil producer signed a shareholders’ agreement with partners Linde Plc and SLB to develop the facility, which aims to capture and store 9 million tons of carbon dioxide

FREE MONEY WORKS! Majors, independents diverge on Inflation Reduction Act

October 21, 2024

(Oil & Gas 360) – After two years of industry opposition to the $740 billion Inflation Reduction Act (IRA), touted by its proponents as the single largest effort by the U.S. government to promulgate a federal-level climate change investments and tax credit policy, several of the country’s largest oil companies are finding elements of the law so attractive that they are

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