Shell’s Quest Carbon Capture Hits 5 Million Tonnes
Shell Canada says the Quest carbon capture and storage project north of Edmonton has reached the milestone of five million tonnes of stored carbon dioxide, equivalent to the annual emissions of about 1.25 million cars.It says the accomplishment was achieved ahead of schedule and has been attained at a lower cost than expected.Quest opened in 2015 and cost about $1.35 billion, backed with $745 million from the Alberta government and $120 million from Ottawa.Majority ownership of the project was sold to Calgary-based Canadian Natural Resources Ltd.
Event Update: Fugitive Emissions Summit Americas
The Fugitive Emissions Summit Americas 2020, that was to take place on June 16th and 17th at the George R. Brown Convention Center in Houston, TX, has been rescheduled to December 9th and 10th at the LyondellBasell Center for Petrochemical, Energy, & Technology in Pasadena, TX.
Xylem Closes $1 Billion Inaugural Green Bond
Xylem Inc. has announced the successful closing of its inaugural green bond offering of USD $1 billion in senior unsecured notes.
Major New Pipelines & Mines Must Show Path to Net-Zero
Proposals for new mines, power plants, pipelines or railways in Canada will have to include plans to hit “net zero” emissions by 2050 if they have any hope of getting approved.But the new rules, contained in the government's final strategic assessment on climate change released Thursday, are not the all-encompassing climate test environment groups had been hoping to see.Environment Minister Jonathan Wilkinson said the plan will ensure Canada's goal to exceed its Paris climate agreement targets by 2030 and then hit net zero by 2050.“Net zero'' means any greenhouse gases emitted are absorbed by natural or mechanical means, rather than left to amass in the atmosphere where they contribute to global warming.“We made a commitment in 2015, and implemented in the last mandate, of better rules for assessing large projects,'' Wilkinson said.
Seeq Expands Support for Oil & Gas Industry
Seeq Corporation has announced availability of Seeq connectors to CygNet enterprise SCADA and WITSML data storage systems.
