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DOE Awarding $612M to Three Carbon Capture and Storage Projects; Matched by $368M in Private Funding

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The projects—located in Louisiana, Texas and Illinois—were initially selected in October 2009 for phase one research and development grants. The project selections are aimed at testing large-scale industrial carbon capture and storage, an important step in moving CCS technology toward eventual commercial deployment.

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DOE Awards Cooperative Agreement for $668M Post-Combustion Carbon Capture Project

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million tons per year of CO2 will begin in 2015, and the demonstration project will end in 2019. It will also reduce the risk associated with commercial deployment of CCS technology by reducing CO 2 capture costs compared to conventional post-combustion capture systems. The CAP technology was first tested at 1.7

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Cenovus Energys Total Bitumen Initially-in-Place Estimated at 137B Barrels; Oilsands Production Expected to Increase 5-Fold to 300,000 bpd by 2019

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The goal is to have an inventory of regulator-approved commercial projects with a total capacity of 400,000 – 500,000 bbls/d net to Cenovus by the end of 2015. It currently has about 50 R&D projects underway and plans to implement at least one new commercial technology each year. Tags: Brief.

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