Oil and gas companies are heavily investing in carbon capture and storage (CCS) technology in an effort to reduce emissions while continuing fossil fuel production. Experts warn that CCS technology is ...

(Bloomberg) -- John Kerry, the Biden administration’s former top climate diplomat, said the oil and gas industry must prove carbon capture can play a meaningful role lowering emissions or face a ...

(Bloomberg) -- Canadian driller Strathcona Resources Ltd. is planning as much as C$2 billion ($1.5 billion) in projects to capture carbon dioxide emissions from its oil-sands operations, helped by ...

The oil and gas industry faces a reckoning over its role in the clean energy transition, according to an International Energy Agency report. Just 1% of global investment in clean energy has come from ...

The outcome of four government-funded pilot projects could be crucial in developing technologies for Big Oil to reduce its carbon footprint and help the Biden- administration’s goal of a net-zero ...

Nov 27 (Reuters) - Canadian oil sands producers will start making final investment decisions on their proposed C$16.5 billion ($12.03 billion) carbon capture and storage (CCS) project from mid-2025 ...

Chevron, Exxon, Baker Hughes and SLB are racing to scale up carbon capture and storage across the U.S. as the world races to reach net-zero emissions by 2050. The technology today is expensive, ...

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HOUSTON, June 15 (Reuters) - BP Plc restarted its Gulf of Mexico oil-capture system on Tuesday nearly five hours after a small fire on the vessel capturing the crude prompted a shutdown. During the ...