CO2 emissions

U.S. CO2 emissions down 17% since 2005, despite 2022 increase

April 15, 2024

Oil Price U.S. greenhouse gas emissions rose 1.3% in 2022, reflecting post-COVID economic recovery, but declined 17% since 2005, according to the Environmental Protection Agency’s (EPA) Annual US Greenhouse Gas Inventory (GHG Inventory), released every April. The EPA’s neutral policy report has been released annually since its inception in 1993, in accordance with the Paris Agreement and the United Nations

China’s CO2 emissions will be higher in 2020 than in 2019, says IEA’s Birol

November 25, 2020

Reuters OSLO – China’s greenhouse gas emissions will increase in 2020 compared to 2019 as they have rebounded after the COVID-19 outbreak, the head of the International Energy Agency said on Wednesday. “As of today, Chinese emissions this year, 2020, will be higher than in 2019, they rebounded,” Fatih Birol told a digital energy conference organised by Norwegian oil firm

Carbon capture and the Allam Cycle- The future of electricity or a carbon pipe dream -oilandgas360

Carbon capture and the Allam Cycle: The future of electricity or a carbon pipe(line) dream? -Can this be the missing bridge?

May 24, 2020

Atlantic Council Oil & Gas Publishers Note: Very interesting technology for natural gas power plants and ESG. Some of the key takeaways are: (1) 100% capture of emissions while being cost, and efficiency competitive, with advanced natural gas plants with out the Allam Cycel; (2) This is a strong ESG story for energy companies to their clients; (3) The ROI

Wind has surpassed hydro as most-used renewable electricity generation source in U.S.

February 26, 2020

EIA Oil & Gas Publishers Note: Interesting news from the EIA regarding wind surpassing hydroelectric, but is this a time to celebrate? We are looking at the statistics on renewable energy and the CO2 impact to the environment. The impact on renewable energy does impact the CO2 pollution at a much higher volume than fossil fuels. So the real question

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

EIA Releases STEO

August 7, 2018

The EIA today released data on the main energy producing industries in the U.S, and its predictions for 2019. Commodities pricing In July 2018, Brent crude oil spot prices averaged $74 per barrel (b), which is largely unchanged from the average in June. EIA expects Brent spot prices will average $72/b in 2018 and $71/b in 2019. EIA also expects