Coming Soon to a Location Near You?: Carbon Capture & Sequestration
Coming Soon to a Location Near You?: Carbon Capture & Sequestration
SUGAR LAND--June 1, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Last week, liquefied natural gas (LNG) producer Venture Global LNG (Arlington, Virginia) became the latest oil and gas company to tout its plans for carbon capture and sequestration (CCS). The company says it plans to capture the carbon from its Calcasieu Pass and Plaquemines LNG facilities in Louisiana and inject it in saline aquifers, where it will be permanently stored. The move represents a growing trend by oil and gas and power companies to appease stakeholders and, perhaps, make their product more marketable.
Companies featured: Valero Energy Incorporated (NYSE:VLO), BlackRock Incorporated (NYSE:BLK), Exxon Mobil Corporation (NYSE:XOM)
Subscribe Now!(All Fields Required)
Related Articles
Articles related to this company
- Enbridge, Shell, Venture Global: Your Daily Energy News
- EIA: North American LNG Exports to Double Through 2027
- Venture Global, QatarEnergy, TotalEnergies: Your Daily Energy News
- Join IIR for an Outlook of the Global Oil & Gas Sector in the Energy-Transi...
- LNG Dominates Louisiana's $35 Billion of Projects Under Construction