Carbon Capture – Oil & Gas 360

Entropy Enters Definitive Agreement to Purchase Strategic Carbon Storage Assets

June 23, 2025

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

EPA proposes giving Texas authority to oversee CO2 injection permits

June 10, 2025

(BOE Report) – The U.S. Environmental Protection Agency on Monday proposed approving Texas’ application to oversee its own permitting for projects to inject carbon dioxide underground, a move long sought by that state’s regulators and oil and gas companies with projects in the wings. EPA Administrator Lee Zeldin said Texas is best positioned to protect its drinking water from contamination

Hydrogen’s chicken-and-egg problem persists as buyers hesitate

June 4, 2025

(Oil Price) – The conversation about low-carbon hydrogen continued last week at the annual World Utilities Congress, hosted by the multinational energy and water company TAQA in Abu Dhabi. While the hoped-for future trade between Europe and the Middle East and North Africa (MENA) remained in focus, a shift in emphasis appeared. While national goals look increasingly dubious, progress is occurring

U.S. cancels $3.7 billion for clean energy, including $331 million Exxon grant

June 3, 2025

(World Oil) – The Energy Department is canceling some $3.7 billion in government support for clean energy projects it said did not warrant continued backing from the Trump administration. The agency said the move came after it found the projects “failed to advance the energy needs of the American people, were not economically viable and would not generate a positive

Eni in talks to sell 49.99% stake in carbon capture business to GIP

May 27, 2025

Publisher’s Note: Eni SpA will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. (World Oil) – Eni has signed an agreement with Global Infrastructure Partners (GIP), a global infrastructure investor and a part of BlackRock, for exclusive talks to potentially sell 49.99% in its carbon capture, utilization and storage (CCUS) business. Eni CCUS Holdings

From Vision to Action: PRC Europe 2025 Sparks Industry Transformation

May 22, 2025

(Oil & Gas 360) – The energy epicentre of Europe shifted to Milan on 19-21 May as PRC Europe 2025 brought together the leaders from the downstream sector. Supported by the Host Sponsor, Eni S.p.A., and Regional Partners including Technip Energies, Sonatrach Raffineria Italiana S.r.l., Wood and Saras S.p.A., the Congress united specialists to forge partnerships and develop solutions advancing the

Oxy and ADNOC’s investment firm to explore carbon capture solutions in Texas

May 19, 2025

(World Oil) – Occidental and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s investment company, to evaluate a potential joint venture to develop a Direct Air Capture (DAC) facility in South Texas. As part of the joint venture, XRG will consider investing up to $500 million for the development of a DAC facility designed to capture 500,000 tonnes

PRC Europe 2025: Refineries Adaptation for Sustainable Feedstocks

May 14, 2025

(Oil & Gas 360) – Unlock the future of downstream transformation at the PRC Europe 2025 and engage with leaders through case studies and networking. The Congress is scheduled on 19-21 May in Milan, Italy to drive decarbonisation, sustainable fuels and implement energy transition strategies. One of the main topics in the agenda is feedstock transformation and refinery adaptation.

Department of Energy proposes billions in savings through deregulation

May 13, 2025

(Oil Price) – The Department of Energy has proposed to eliminate or shrink regulations that it says would result in savings worth $11 billion and stimulate energy industry growth. The department said this was the biggest deregulation push in its history. “While it would normally take years for the Department of Energy to remove just a handful of regulations, the Trump Administration assembled

Cowboy Clean Fuels and Mercuria announce landmark offtake agreement for carbon-negative renewable natural gas

May 12, 2025

(Oil & Gas 360) – Gillette, WY — Cowboy Clean Fuels (CCF), a Wyoming-based climate tech and energy transition company, today announced a groundbreaking offtake agreement with Mercuria, one of the world’s leading independent energy and commodity trading groups. This partnership marks the first commercial agreement for the sale of Renewable Natural Gas (RNG) generated under CCF’s pioneering BiCRS+RNG Methodology at

BKV, CIP form carbon capture joint venture with $500 million investment

May 12, 2025

(World Oil) – BKV Corporation has formed a strategic joint venture with Copenhagen Infrastructure Partners (CIP), on behalf of its Energy Transition Fund I, to expand BKV’s portfolio of carbon capture, utilization and sequestration (CCUS) projects. CIP, on behalf of its Energy Transition Fund I, has agreed to commit $500 million to be invested by the JV for use in

Trump Administration sues Michigan to halt state’s fossil fuel lawsuit plan

May 2, 2025

(World Oil) – The Trump administration sued Michigan and Hawaii seeking to block the states from suing oil companies for damage caused by climate change, less than two months after the U.S. Supreme Court rebuffed a Republican bid to derail such legal efforts. The U.S. claims the anticipated lawsuits interfere with federal policy on greenhouse gas regulation and are an

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