Friday, August 15, 2025
Entropy Enters Definitive Agreement to Purchase Strategic Carbon Storage Assets- oil and gas 360

Entropy Enters Definitive Agreement to Purchase Strategic Carbon Storage Assets

Publisher’s Note: Advantage Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025.  Register to attend. (Oil & Gas 360) – CALGARY, AB, June 23, 2025 /CNW/ – Entropy Inc. (“Entropy”), a subsidiary of Advantage Energy Ltd. (“Advantage”), has entered into a definitive agreement to purchase an interest in three carbon hubs from a Canadian oil and natural gas producer for $20 million and

University of Oklahoma awarded $18.7M grant by DOE for subsurface carbon storage- oil and gas 360

University of Oklahoma awarded $18.7M grant by DOE for subsurface carbon storage

(World Oil) – A team of researchers from across the University of Oklahoma Mewbourne College of Earth and Energy, Los Alamos National Laboratory, with industry partners, have been awarded an $18.7M grant from the U.S. Department of Energy to investigate commercial subsurface storage of carbon dioxide (CO2). The project, the Oklahoma Carbon Hub, will investigate three separate sites in Osage

Exxon wins grant for largest U.S. offshore carbon storage site in Texas- oil and gas 360

Exxon wins grant for largest U.S. offshore carbon storage site in Texas

(World Oil) – Exxon Mobil Corp. has won the right to pump carbon dioxide beneath Texas state waters in the Gulf of Mexico, in what will be the largest concession of its kind in the U.S. The lease granted by the Texas General Land Office will cover 271,000 acres and allow Exxon to bury emissions in geologic rock formations under