Kraft Heinz, a $43 billion food company, is seeking to reduce its annual emissions by 99% through a Department of Energy grant.
The U.S. Department of Energy funding will be used to develop technology that turns CO2 into sustainable ethylene.
TotalEnergies’ acquisition targets Talos Energy’s Bayou Bend project, and the French company plans to sell off the remainder of Talos’ carbon capture and sequestration portfolio in Texas and Louisiana.
About $5.1 billion in work will go to the contractors once projects reach FID, which is expected in September.
1PointFive said it is also participating in AT&T’s Connected Climate Initiative to collaborate on carbon removal solutions like direct air capture.
Trace is applying for its subsidiary Evergreen Sequestration Hub to be allowed to permanently sequester CO2 in underground geological formations in Louisiana.
Red Trail Energy’s CO2 removal credits is the largest durable carbon removal project registered on the Puro Registry to date.
CCS momentum is brewing, says Katja Akentieva, vice president of New Energy Solutions for the Western Hemisphere at TGS. Now it's time to capitalize on that momentum in this Hart Energy LIVE Exclusive with Jordan Blum.
The exploration agreement covers 187,500 acres across three states with five potential carbon sequestration sites.
TechnipFMC is capitalizing on an industry shift in spending to offshore projects from land projects.