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Occidental Sees Profits in Carbon Capture, Downplays Oil Production Growth

2021-10-07 21:23:31| OGI

Occidental has one of the most ambitious programs of the industry to capture CO2 from the atmosphere and re-inject it in the ground as a way to mitigate global warming.

Tags: production growth oil capture

 

Exxon Mobil Increases Participation in Scotland Carbon Capture and Storage Project

2021-10-06 15:48:51| OGI

The project intends to capture, transport and store CO2 in secure reservoirs beneath the North Sea.

Tags: project storage mobil increases

 
 

Exxon Mobils Carbon Capture Megaproject in Houston Draws Support from Chevron, Others

2021-09-18 00:00:00| OGI

Exxon Mobil unveiled that a slew of companies including Chevron, NRG Energy, Phillips 66 and more have all began discussing plans to support its carbon capture and storage plans in Houston.

Tags: support others capture houston

 

Chevron Forms JV to Advance Carbon Capture from Midcon, Gulf Coast Operations

2021-09-13 18:00:00| OGI

Chevrons partnership with Enterprise Products Partners has the potential to advance the U.S. oil majors ongoing work to grow its lower carbon businesses with commercial scale, says Jeff Gustavson, president of Chevron New Energies.

Tags: forms operations advance coast

 

Worlds Largest Direct Air Capture Plant Launches Operations

2021-09-08 15:20:00| OGI

Occidental Petroleum is currently developing the largest direct-air-capture facility, to pull 1 million tonnes per year of CO from the open air near some of its Texas oil fields in the Permian Basin.

Tags: air direct largest operations

 

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