Updated Aug 22, 2024
8/22/24
The Barnett Shale’s top natural gas producer, BKV Corp., has secured a contract to develop and sell carbon sequestered gas, aka CSG, to a Texas facility at a “premium over Henry Hub prices.”
Australia’s government has included initiatives for substantial natural gas development with the launch of its Future Gas Strategy plan intended to help the country transition to cleaner energy by 2050.
NET Power LLC, whose technology is designed to reduce carbon emissions from natural gas, on Wednesday agreed to combine with Rice Acquisition Corp. II to advance solutions in a transaction worth an estimated $1.46 billion.
Policymakers must ensure the supply of conventional energy sources alongside lower carbon ones as the energy transition marches on, according to Saudi Arabian Oil Co. (Aramco) CEO Amin Nasser.
Decarbonizing natural gas consumption is considerably more complex than doing so for electricity, but U.S. gas suppliers are up for the challenge, industry players said this week.
Climate technology company CarbonCapture Inc., which develops direct air capture (DAC) systems, has set a goal with carbon storage developer Frontier Carbon Solutions to permanently remove 5 million metric tons/year of atmospheric carbon dioxide (CO2) from Wyoming by 2030.
Occidental Corp. and subsidiary 1PointFive on Thursday officially launched construction of its first large-scale direct air capture (DAC) plant, which could be sucking up carbon emissions from the Permian Basin in West Texas by late 2024.
Occidental Petroleum Corp. and Enterprise Products Partners LP are throwing their hats into the ring for a carbon dioxide (CO2) transportation and sequestration hub that would serve oil and gas operators in the Greater Houston area.
Honeywell International Inc. said it will collaborate with the University of Texas at Austin (UT) to commercialize a lower cost carbon capture technology for the power generation and industrial sectors.