Uncertain economic returns and duration of federal tax credits could delay or cancel project proposed by six oil firm majors, set to be the world’s largest, says energy sector research firm Wood Mackenzie.
A consortium led by France-based Suez Group, with Razel-Bec and VINCI subsidiary Triverio Construction has been awarded a civil engineering contract for the Haliotis 2 wastewater treatment facility in Nice, by Métropole Nice Côte d’Azur and Eau d’Azur.
In just unsealed whistleblower complaint, former site construction manager says utility owner of over-budget Kemper project in Mississippi defrauded the U.S. Energy Dept. of hundreds of millions in funding.
U.K. contractor will deliver carbon capture units, pipeline
infrastructure and a network of wells for carbon dioxide recovery in a project set to finish in 2026.
Mountaineer GigaSystem would produce blue hydrogen from natural gas and store CO2 emissions underground on state-owned property, with its first phase to open in 2028.
Proposed EPA mandate's reliance on hydrogen and carbon capture evoked concern in comments sent by an Aug. 9 deadline, but supporters say investment in clean transition approaches already are well underway.
Occidental Petroleum and Battelle lead Texas and Louisiana projects set for award of first-round federal funds, with 19 regional direct air capture hub teams—that include AEC firms—set to gain a total of $100M.
Funding from the 2021 infrastructure law will expedite 12 projects targeting carbon emissions from power generation and other industrial operations, said US Energy Dept. officials.
Proposal is Biden administration’s take on reducing carbon
emissions from power generation sources and would replace the Trump
administration less-stringent Affordable Clean Energy Rule enacted in
2019.