Oil Sands Alliance Launches Initiative for Carbon Capture Pipeline Proposals
In a significant move towards environmental sustainability, the Oil Sands Alliance, a collective of major players in Canada's oil sands sector, has announced a call for proposals aimed at developing a carbon capture and storage (CCS) pipeline infrastructure. This initiative is part of a broader strategy to mitigate greenhouse gas emissions associated with oil production, underscoring the industry's commitment to addressing climate change concerns.
Continue readingExxonMobil Secures Largest U.S. Offshore Carbon Storage Site in Texas
In a significant development for environmental management and carbon capture technologies, ExxonMobil has been granted approval for the largest offshore carbon storage site in the United States, located off the coast of Texas. This monumental decision was made by federal regulators as the energy giant seeks to expand its efforts in reducing greenhouse gas emissions through enhanced carbon capture and storage (CCS) initiatives.
Continue reading