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Carbonvert News

Nov 18, 2024

OnStream Receives $26 Million in Federal Funding for Louisiana Offshore Carbon Storage Hub Development and Announces Joint Venture Partnership with Major Midstream Company

Today, OnStream CO2, LLC ("OnStream"), a developer of carbon storage projects along the southern coast of Louisiana, announced that that it has received a $26...

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Oct 8, 2024

Repsol-led Partnership Advancing Carbon Capture & Storage project in Offshore Coastal Bend Region

October 8, 2024, Corpus Christi, Texas USA, Repsol and its partners in the Aves Carbon Capture and Storage (CCS) joint venture are pleased to be...

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Nov 28, 2023

Commonwealth LNG Signs Carbon Capture and Storage MOU With OnStream CO2

Commonwealth LNG announced it has entered into a Memorandum of Understanding (MOU) with OnStream CO2 LLC, a joint venture between Carbonvert Inc. and Castex Carbon...

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Sep 19, 2023

Carbonvert, Castex Joint Venture Executes Operating Agreement for Offshore Carbon Storage Hub in Louisiana

Houston, Texas - September 18th, 2023 – Carbonvert Inc. (“Carbonvert”) and Castex Energy, Inc., through its wholly owned subsidiary, Castex Carbon Solutions, LLC (“Castex”, together...

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Sep 5, 2023

Corpus Christi Carbon Storage Hub Awarded to World-Class Team Led by Repsol

South Texas Heavy Industry and State Schools Receive Boost Through Mega-Scale Regional Decarbonization Project

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Aug 28, 2023

Equinor acquires stake in Bayou Bend CCS Project

28 AUGUST 2023 - Equinor has acquired a 25 percent interest in Bayou Bend CCS LLC, positioned to be one of the largest US carbon...

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Aug 28, 2023

Carbonvert Sells Interest in Bayou Bend CCS Project to Equinor

Houston, Texas - August 28, 2023 - Carbonvert Inc., is pleased to announce the sale of 100% of its ownership interest in the Bayou Bend...

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Jul 28, 2023

The Big Business of Burying Carbon

The porous rock beneath the Gulf Coast launched the petroleum age. Now entrepreneurs want to turn it into a gigantic sponge for storing carbon dioxide....

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Jul 28, 2023

New life for climate legislation

An emerging Capitol Hill deal could give White House carbon-cutting goals a huge lift that looked all but impossible weeks ago. Why it matters: President...

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May 31, 2023

Wyoming Trails Carbon Hub Grant Award Announcement

A consortium of Carbon Solutions, Carbonvert, Glenrock Energy, Kanata America, Live Oak Environmental, and Williams today announced that their project, “Time’s Ticking: Embarking on the...

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May 24, 2023

chevron, talos and carbonvert announce closing of previously announced joint venture expansion of the bayou bend CCS project offshore jefferson county, texas

HOUSTON, May 24, 2022 — Chevron U.S.A. Inc. (“Chevron”), through its Chevron New Energies division, Talos Energy Inc. (NYSE: TALO) (“Talos”), through its Talos Low...

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May 11, 2023

DOE funds direct air capture project at Alabama nuclear plant

Battelle will be collaborating in the study with Carbonvert Inc, Sargent & Lundy, Southern Company and the University of Alabama.

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May 3, 2023

chevron, talos and carbonvert announce proposed joint venture expansion to enhance the bayou bend ccs project offshore jefferson county, texas

Houston, Texas, May 3, 2022, Chevron U.S.A., Inc. (“Chevron”), through its Chevron New Energies division, Talos Energy Inc. (NYSE: TALO) (“Talos”), through its Talos Low...

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Mar 26, 2023

Bayou Bend Expands Carbon Capture Project to Onshore Southeast Texas | Carbonvert

Bayou Bend CCS LLC (“Bayou Bend”), a carbon capture and sequestration project located along the Texas Gulf Coast, announced today an expansion of its carbon...

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Mar 24, 2023

CEQ Announces Members of Task Forces to Inform Responsible Development and Deployment of Carbon Capture, Utilization, and Sequestration

The White House Council on Environmental Quality (CEQ) today announced members of two new task forces that will provide input to inform the responsible development...

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Mar 16, 2023

Talos Energy Announces Formal Execution of Texas GLO Carbon Capture Site Lease and Establishes Strategic Alliance with Core Lab

The lease comprises more than 40,000 acres immediately adjacent to the Beaumont and Port Arthur, Texas industrial corridor and maintains an estimated sequestration capacity of...

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Mar 16, 2023

Carbonvert and Talos Execute Landmark Lease

Denver, Colorado and Houston, Texas – March 16, 2022 – Carbonvert Inc. (“Carbonvert”) announced that the joint venture between Carbonvert and Talos Energy Inc. (“Talos”)...

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Feb 23, 2023

Credit Suisse Energy Summit

Carbonvert has been selected to participate in the Credit Suisse Energy Summit, taking place in Vail, CO on February 26 - March 1, 2023.

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Dec 6, 2021

Future lease sales may include more offshore carbon capture bids

There is of course a key distinction between federal and state waters, and it will be interesting to see whether OCCS blooms in state or...

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Sep 3, 2021

TEXAS GENERAL LAND OFFICE, INDUSTRY LEADERS USHER IN NEW ERA OF CARBON SEQUESTRATION NEAR JEFFERSON COUNTY

The Texas General Land Office (GLO) recently awarded a first of its kind carbon sequestration project that will allow for offshore storage of carbon dioxide...

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Aug 25, 2021

Talos Energy, Carbonvert JV Wins Rights to Manage Carbon Storage Site Offshore Texas

Talos said its bid was selected as the only successful proposal among twelve submissions and the Texas School Land Board unanimously approved awarding the lease...

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Jun 23, 2021

'Baker Hughes and Borg CO2 to collaborate on Norwegian CCS hub '

Oilfield services major Baker Hughes and Norwegian carbon capture and storage developer Borg CO2 have signed a memorandum of understanding (MOU) to collaborate on a...

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Jun 22, 2021

CCS: Big Opportunity and Hard Questions

For the world to avoid a climate catastrophe, carbon capture is likely a necessity, not an option. To meet the Paris Agreement’s objectives—keep warming below...

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May 19, 2021

Carbon capture, utilization, and storage hub development on the Gulf Coast

The north-central Gulf of Mexico is one of the most heavily industrialized regions in the United States, spanning approximately 1000 miles from the Louisiana industrial...

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Apr 23, 2021

Tomlinson: Carbon capture offers promise for Texas oil and gas companies' future

Big oil and gas companies recognize the reality of climate change and public perception, and the most forward-looking are not just transitioning to cleaner fuels;...

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Feb 4, 2021

Elon And Exxon Agree: Carbon Capture Is Set To Explode In 2021

There is little question that carbon capture, storage and utilization (CCSU) is destined to become one of America’s big growth industries in the years to...

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Carbonvert Resources

Activity In The Carbon Market by Business Sector

At Carbonvert, we have aggregated the climate commitments and carbon trading data for over 6,000 companies, including the S&P 1500 and Forbes 2,000. See how...

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Best Practices in Risk Management for the Demand Side in Voluntary Carbon Markets

A practical guide for corporate sustainability leadership regarding carbon credit investments

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Portriat photo of a power plant from afar