Press | Carbonvert

Carbonvert News

Jul 28, 2022

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, 2022

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 24, 2022

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, 2022

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, 2022

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 16, 2022

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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Mar 16, 2022

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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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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Mar 25, 2021

Carbon Capture Coalition Applauds Introduction of Bipartisan Senate Carbon Capture, Utilization and Storage Tax Credit Amendments Act

The Carbon Capture Coalition today endorsed the bipartisan Carbon Capture Utilization and Storage Tax Credit Amendments Act. The bill was introduced in the U.S. Senate...

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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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Portriat photo of a power plant from afar