Carbon Dioxide (CO2) – Oil & Gas 360

Exclusive: Biden EPA to tackle coal industry carbon with rules on other pollutants

July 29, 2022

Yahoo News GUAYAMA, Puerto Rico – The U.S. Environmental Protection Agency plans to use new limits on traditional pollutants like ozone and coal ash to help encourage the retirement of the nation’s remaining coal-fired power plants, after the Supreme Court limited the agency’s ability to impose sweeping climate regulations, according to EPA chief Michael Regan. The approach reflects how the

Even with current drive to renewables, CO2 emissions will grow through 2050, says U.S. government

October 7, 2021

CNBC Even with the current drive toward more renewable energy sources, global carbon emissions are going to increase through 2050, unless there are significant changes in policy or technology between now and then. That’s according to a new report released Wednesday from the U.S. Energy Information Administration, a division of the federal U.S. Department of Energy which analyzes and shares data. For

COLUMN-Developing nations need help to quit coal addiction: Kemp

July 21, 2021

Reuters LONDON – Coal-fired power plants are proving hard to shutdown in developing economies because they are cheap and convenient, but keeping them going is pumping out carbon dioxide at a rate far beyond the level needed to achieve net zero emissions by 2050. Coal, which is being phased out of the power system in many industrialised nations, is

Old, small and CO2-intense: why Canada’s highest-carbon oil sites keep pumping

June 28, 2021

Reuters WINNIPEG, Manitoba – In the shadow of Canada’s mega oil sands projects, smaller, technologically outdated facilities are churning out up to three times more emissions per barrel than the sector’s already high average. These projects present another challenge to Canada’s goal to cut emissions by 40-45% by 2030. With oil prices near 2-1/2-year highs and dim prospects for building

U.S. energy-related carbon dioxide emissions fell in 2019, mainly in electric generation

November 10, 2020

EIA After rising by 3% in 2018, energy-related carbon dioxide (CO2) emissions fell 3% in the United States in 2019. According to the U.S. Energy Information Administration’s (EIA) U.S. Energy-Related Carbon Dioxide Emissions, 2019 analysis, total energy-related CO2 emissions in 2019 were about 150 million metric tons (MMmt) lower than their 2018 level. EIA attributes nearly all (96%) of this decline to

Monthly U.S. energy-related CO2 emissions in April were the lowest in decades

August 21, 2020

EIA Monthly U.S. energy-related carbon dioxide (CO2) emissions fell to 307 million metric tons (MMmt) in April 2020, the lowest value in the U.S. Energy Information Administration’s (EIA) monthly series for CO2 emissions, which dates back to 1973. Travel restrictions and other measures to mitigate the spread of coronavirus in April resulted in sudden and significant changes in energy consumption, resulting

Alternative policies cases explore effects of potential legislative and regulatory changes

March 5, 2020

EIA To explore the uncertainty associated with the assumption of current laws and regulations in its Reference case, the U.S. Energy Information Administration (EIA) will release an Issue in Focus article to its Annual Energy Outlook 2020 (AEO2020) later today. The AEO2020 Reference case generally assumes existing laws and regulations remain as enacted. However, policies that target emissions reductions have changed significantly over

EIA expects U.S. energy-related CO2 emissions to decrease annually through 2021

January 18, 2020

EIA Coal-fired generation alone has fallen from 28% in 2018 to 24% in 2019 and will fall further to 21% in 2020 and 2021. The natural gas-fired generation share rises from 37% in 2019 to 38% in 2020, but it declines to 37% in 2021. In its latest Short-Term Energy Outlook (STEO), released on January 14, the U.S. Energy Information Administration (EIA)

ExxonMobil Partners with Carbon Capture Company

August 26, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 ExxonMobil partners with Mosaic Materials in order to pursue carbon capture technology ExxonMobil (stock ticker: XOM), an international oil and gas supermajor, has partnered with Mosaic Materials, a chemicals and engineering company, in order to explore and advance technology that can be used to remove carbon dioxide from emissions sources. The

Chevron Starts Burying CO2 off Australia at Huge Gorgon Storage Project

August 8, 2019

From Reuters Chevron Corp (CVX.N) said on Thursday it has launched one of the world’s largest carbon capture and storage projects, injecting CO2 into a deep reservoir under an island off Western Australia at its Gorgon LNG project. The carbon storage project was delayed by more than two years after Chevron discovered problems with valves and pipeline equipment during commissioning

Gas is Part of the Solution in the Planet’s Energy Transition, Goldman Sachs Strategist Says

July 26, 2019

From CNBC Gas has an important role to play in the global energy transition, according to the head of EMEA natural resources research at Goldman Sachs. Speaking to CNBC Friday, Michele Della Vigna said that, in his personal view, gas was “part of the end solution.” According to the International Energy Agency, natural gas supplies 22% of energy used globally.

Big Oil is Investing Billions in Potentially Worthless Projects

May 30, 2019

From Bloomberg Businessweek By Mathew Carr The top 10 energy companies are planning investments approaching $1 trillion by 2030, in everything from finding and tapping new fields to equipment ranging from drones to drilling rigs. If the oil and gas business rolls along as it has for the past century, those projects will likely pay off in fat profits for

Premium Content