Remove Carbon Remove CO2 Remove Gas Remove Oil
article thumbnail

Should more regulatory responsibility for carbon reduction fall on oil companies?

Green Car Reports

Regulating carbon emissions from the oil and gas industry would allow the United States to reach its climate goals faster, argues a recent opinion piece by an oil industry veteran published in The Hill. carbon-dioxide (CO2) emissions come from burning oil and natural gas, and 1.4

Oil 147
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

Oil 418
article thumbnail

Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. The decline in 2020 of -5.2%

Global 221
article thumbnail

SLB introduces low-carbon alternative for well construction cement that eliminates up to 85% of embodied CO2

Green Car Congress

The cement-free EcoShield system is a breakthrough that delivers industry-standard zonal isolation capabilities while significantly minimizing impact from upstream oil and gas production. —Jesus Lamas, SLB’s president of Well Construction In well construction, cement is used to fill the space between well casing and the wellbore.

Portland 259
article thumbnail

BASF partners with China BlueChemical and Wuhuan Engineering to develop new technology for use of CO2-rich marine gas

Green Car Congress

BASF has signed a joint development agreement with China BlueChemical Limited Company, a leading natural gas producer, and the chemical engineering company Wuhuan Engineering Co., to promote low-carbon development and utilization of marine gas resources. —Wang Weimin, Chairman of China BlueChemical Limited Company.

Mariner 186
article thumbnail

BMW i Ventures invests in Prometheus Fuels; CO2 air-capture and conversion to carbon-neutral gasoline

Green Car Congress

BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. —Greg Smithies, Partner, BMW i Ventures.

Gasoline 321
article thumbnail

CO2 Solutions’ enzymatic carbon capture technology performance exceeds targets in oil sands project

Green Car Congress

an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. CO 2 Solutions’ technology platform uses carbonic anhydrase to accelerate the capture of CO 2 with energy-efficient solvents. CO 2 Solutions’ process.

Oil-Sands 240