BISMARCK, N.D. (AP) — North Dakota utility regulators in an unusual move granted a request to reconsider their denial of a key permit for a proposed carbon dioxide pipeline. North Dakota's Public Service Commission in a 2-1 vote on Friday granted Summit Carbon Solutions' request for reconsideration. Chairman Randy Christmann said the panel will set a hearing schedule and “clarify the issues to be considered.' Reconsideration “only allows additional evidence for the company to try to persuade us
The Organization of the Petroleum Exporting Countries said on Thursday data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.
A $1 billion carbon capture utilization and storage project that has been shuttered since May 2020 amid plunging oil prices restarted operations last week, its owner JX Nippon said, giving a second chance to a project meant to show the nascent technology is viable at large scale. The Petra Nova CCS project, owned by a subsidiary of JX Nippon oil and Gas Exploration, aims to capture 1.4 million tonnes of carbon dioxide per year and is one of the world's largest CCUS projects.
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