Post Tagged with: "carbon capture"

Carbon capture and store technologies promise to clear CO2 from power plants from the air, but a data analysis suggests CCS may not reduce levels by useful amounts. Photo by Marak007/Pixabay

Carbon capture could be climate change solution, or a waste of time

UPI Earlier this year, the U.S. Department of Energy’s Office of Fossil Energy announced $110 million in federal funding for research and development of carbon capture and storage projects. According to DOE, carbon capture and storage technologies, or CCS, are “increasingly becoming widely accepted as a viable option” for coal- or gas-fired power plants to reduce their emissions. Carbon capture technologies promise to scrub CO2 from the flumes and exhaust pipes of coal and gas plants. The captured carbon can be permanently buried underground or sold for other uses like making fertilizers or boosting oil extraction. The technologies have been tested on small scales, but high costs have prevented wide-scale adoption. While subsidy-free wind and solar power now offer the cheapest sources of electricity generation in most major economies — and continue to dominate new electric generating capacity — only a handful of operating carbon capture facilities exist. And quite[Read More…]

November 8, 2019 - 10:44 am Closing Bell Story, Energy News, Renewable Energy
Source: ExxonMobil

ExxonMobil Partners with Carbon Capture Company

By Tyler Losier, Energy Reporter, Oil & Gas 360 ExxonMobil partners with Mosaic Materials in order to pursue carbon capture technology ExxonMobil (stock ticker: XOM), an international oil and gas supermajor, has partnered with Mosaic Materials, a chemicals and engineering company, in order to explore and advance technology that can be used to remove carbon dioxide from emissions sources. The carbon capture technology being researched by Mosaic uses porous, crystalline solids – known as metal organic frameworks (MOFs) – to separate CO2 from air or flue gas. The MOFs function like sponges, selectively capturing only specific gases from a complex mixture of substances, removing CO2 from emissions before it is ever able to reach … Login or click here to subscribe Username or E-mail Password Remember Me     Forgot Password

Chevron Starts Burying CO2 off Australia at Huge Gorgon Storage Project

Chevron Starts Burying CO2 off Australia at Huge Gorgon Storage Project

From Reuters Chevron Corp (CVX.N) said on Thursday it has launched one of the world’s largest carbon capture and storage projects, injecting CO2 into a deep reservoir under an island off Western Australia at its Gorgon LNG project. The carbon storage project was delayed by more than two years after Chevron discovered problems with valves and pipeline equipment during commissioning of the A$2.5 billion ($1.7 billion) injection system. Gorgon is the biggest emitter of carbon emissions out of Australia’s 10 LNG plants, with gas from the Gorgon field containing 14% CO2. Growth in LNG exports has been a big contributor to Australia’s rising CO2 emissions, according to the Environment and Energy Department. “We are pleased to reach the first milestone of safely starting the operation of the Gorgon carbon dioxide injection system, one of the world’s largest greenhouse gas mitigation projects ever undertaken by industry,” Chevron Australia Managing Director Al[Read More…]

Enhanced Oil Recovery Can Reduce World’s Carbon Emissions:  Western Governors

Enhanced Oil Recovery Can Reduce World’s Carbon Emissions: Western Governors

For every 2.5 barrels of oil produced, it is estimated that a typical commercial enhanced oil recovery (EOR) project can safely prevent one metric ton of CO2 from entering the atmosphere As of 2014, approximately 13.6 million metric tons of CO2 was captured that would otherwise be released into the atmosphere has been sequestered as a result of EOR: U.S. Department of Energy – Quadrennial Energy Review The Western Governors’ Association (WGA), representing the governors of 19 Western states and three U.S.-flag islands, has issued new policy resolutions from its annual meeting this week in Incline Village, Nevada.   On the energy policy side, CO2 EOR grabbed their focus. In order to free up additional crude oil that is trapped in rock formations, the WGA cited statistics showing that using CO2 “flooding” can result in recovery of about twenty percent of the original oil in place, and as of 2013 the process produced[Read More…]