Carbon capture and sequestration

NextDecade, Oxy Low Carbon Ventures Sign Term Sheet for CO2 Transportation and Storage in South Texas

Retrieved on: 
Thursday, March 25, 2021

NEXT Carbon Solutions CCS project at Rio Grande LNG is expected to enable the capture and permanent geologic storage of more than five million tonnes of CO2 per year.

Key Points: 
  • NEXT Carbon Solutions CCS project at Rio Grande LNG is expected to enable the capture and permanent geologic storage of more than five million tonnes of CO2 per year.
  • We are pleased to be working with OLCV to design, construct, and operate a CO2 pipeline and permanent storage facility in South Texas, said Matt Schatzman, NextDecades Chairman and Chief Executive Officer.
  • The CO2 sequestration facility proposed for South Texas is a great example of the many sequestration hubs that OLCV plans to develop across the United States, and eventually around the globe.
  • Oxy Low Carbon Ventures, LLC (OLCV) is a subsidiary of Occidental, an international energy company with assets in the United States, Middle East, Africa and Latin America.

Outlook on the Biochar Global Market to 2025 - Cumulative Impact of COVID-19

Retrieved on: 
Tuesday, March 23, 2021

The Global Biochar Market is expected to grow from USD 1,594.47 Million in 2020 to USD 3,305.51 Million by the end of 2025.

Key Points: 
  • The Global Biochar Market is expected to grow from USD 1,594.47 Million in 2020 to USD 3,305.51 Million by the end of 2025.
  • What are the inhibiting factors and impact of COVID-19 shaping the Global Biochar Market during the forecast period?
  • What are the technology trends and regulatory frameworks in the Global Biochar Market?
  • What are the modes and strategic moves considered suitable for entering the Global Biochar Market?

Nauticol Energy and Enhance Energy partner to capture up to one million tonnes of CO2 annually from Blue Methanol production and distribution business

Retrieved on: 
Tuesday, March 23, 2021

Nauticol is building a world scale methanol production and distribution business to supply the unmet and rapidly growing global demand for low carbon methanol.

Key Points: 
  • Nauticol is building a world scale methanol production and distribution business to supply the unmet and rapidly growing global demand for low carbon methanol.
  • "Partnering with Enhance on CO2 capture and sequestration changes the game of what low carbon methanol production at world scale will be from this point on".
  • For Enhance, this partnership is a catalyst to developing its second large scale, made-in-Alberta Carbon Capture and Sequestration (CCS) solution.
  • "At Enhance we are immensely proud of the strides we are making to reduce emissions through CO2 capture and sequestration.

Baker Hughes and Horisont Energi Sign MoU for Groundbreaking Offshore Barents Sea Carbon Capture, Transport and Storage Project

Retrieved on: 
Tuesday, March 23, 2021

Baker Hughes (NYSE:BKR) and Horisont Energi AS (EURONEXT:HRGI) have signed a memorandum of understanding (MoU) for the Polaris carbon storage project off the northern coast of Norway.

Key Points: 
  • Baker Hughes (NYSE:BKR) and Horisont Energi AS (EURONEXT:HRGI) have signed a memorandum of understanding (MoU) for the Polaris carbon storage project off the northern coast of Norway.
  • View the full release here: https://www.businesswire.com/news/home/20210323005357/en/
    Horisont Energi's Polaris offshore carbon storage facility is part of its Barents Blue project , which is the first global and full-scale carbon neutral blue ammonia production plant.
  • The global carbon technology market is emerging for carbon storage and utilization, said Bjrgulf Haukelidster Eidesen, CEO of Horisont Energi.
  • We are proud to be partnering with Horisont Energi for new energy frontiers, taking the Polaris carbon storage project from concept to reality.

Lessons Learned From the Closure of Petra Nova, IDTechEx Reports

Retrieved on: 
Monday, March 22, 2021

Since then, many commenters have questioned what this means for the industry and whether CCUS can really survive in the real world. "

Key Points: 
  • Since then, many commenters have questioned what this means for the industry and whether CCUS can really survive in the real world. "
  • Carbon Capture, Utilization, and Storage (CCUS) 2021-2040 ", a new report from IDTechEx, explored the technical and commercial factors key to the success of CCUS.
  • In the face of this optimism, the closure of Petra Nova in 2020 may be a jolt of reality about the size of the challenge facing CCUS.
  • IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies.

Lessons Learned From the Closure of Petra Nova, IDTechEx Reports

Retrieved on: 
Monday, March 22, 2021

Since then, many commenters have questioned what this means for the industry and whether CCUS can really survive in the real world. "

Key Points: 
  • Since then, many commenters have questioned what this means for the industry and whether CCUS can really survive in the real world. "
  • Carbon Capture, Utilization, and Storage (CCUS) 2021-2040 ", a new report from IDTechEx, explored the technical and commercial factors key to the success of CCUS.
  • In the face of this optimism, the closure of Petra Nova in 2020 may be a jolt of reality about the size of the challenge facing CCUS.
  • IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies.

Worldwide Biochar Industry to 2025 - Energy Production and Greenhouse Gas Remediation Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Friday, March 19, 2021

The Global Biochar Market is expected to grow from USD 1,594.47 Million in 2020 to USD 3,305.51 Million by the end of 2025.

Key Points: 
  • The Global Biochar Market is expected to grow from USD 1,594.47 Million in 2020 to USD 3,305.51 Million by the end of 2025.
  • Based on Geography, the Biochar Market is examined across Americas, Asia-Pacific, and Europe, Middle East & Africa.
  • On the other hand, the Asia-Pacific is expected to grow at the fastest CAGR during the forecast period.
  • What are the modes and strategic moves considered suitable for entering the Global Biochar Market?

Suncor Energy invests in carbon capture technology company Svante

Retrieved on: 
Thursday, March 18, 2021

This final closing of the Series D financing includes Canadian energy company, Suncor Energy, and Carbon Direct SPV I LLC.

Key Points: 
  • This final closing of the Series D financing includes Canadian energy company, Suncor Energy, and Carbon Direct SPV I LLC.
  • According to Mark Little, President & CEO of Suncor, Carbon Capture is a strategic technology area for Suncor to reduce GHG emissions in our base business and produce blue hydrogen as an energy product.
  • An investment in Svante is expected to support the acceleration of commercial scale deployment of a technology that has the potential to dramatically reduce the cost associated with carbon capture.
  • With the ability to capture CO2directly from industrial sources at less than half the capital cost of existing solutions, Svante makes industrial-scale carbon capture a reality.

2021 Thematic Research into the Carbon Capture and Storage Industry - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 18, 2021

The "Carbon Capture and Storage (CCS) - Thematic Research" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Carbon Capture and Storage (CCS) - Thematic Research" report has been added to ResearchAndMarkets.com's offering.
  • CCS is the process of separating CO2 from industrial emissions and injecting it in a storage site to prevent its re-entry into the atmosphere.
  • CCS is a complex process that is realized by the fusion of organic chemistry, geology, and advanced engineering.
  • It primarily involves the isolation of carbon dioxide from other gases in the emission stream of an industrial facility.

NextDecade Launches NEXT Carbon Solutions

Retrieved on: 
Thursday, March 18, 2021

NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced the formation of NEXT Carbon Solutions, LLC (NEXT Carbon Solutions), a wholly owned subsidiary of NextDecade that is expected to:

Key Points: 
  • NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced the formation of NEXT Carbon Solutions, LLC (NEXT Carbon Solutions), a wholly owned subsidiary of NextDecade that is expected to:
    develop one of the largest carbon capture and storage (CCS) projects in North America at NextDecades Rio Grande LNG project;
    advance proprietary processes to lower the cost of utilizing CCS technology;
    help other energy companies to reduce their greenhouse gas (GHG) emissions associated with the production, transportation, and use of natural gas; and
    generate high-quality, verifiable carbon offsets to support companies in their efforts to achieve net-zero emissions.
  • NEXT Carbon Solutions CCS project is expected to reduce permitted CO2 emissions at Rio Grande LNG by more than 90 percent without major design changes to the Rio Grande LNG project.
  • NEXT Carbon Solutions CCS project at Rio Grande LNG is expected to enable the capture and permanent geologic storage of more than five million tonnes of CO2 per year.
  • NextDecade, through its wholly owned subsidiaries Rio Grande LNG and NEXT Carbon Solutions, is developing a 27 mtpa LNG export project in South Texas along with one of the largest carbon capture and storage projects in North America.