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...Since the passage of the Biden’s Inflation Reduction Act, which gives generous tax credits to companies for locking away carbon underground, Denbury has sought to transform itself into a big player in CCS...
...Denbury Resources, a small oil producer, has long had an “enhanced oil recovery” business that uses CO₂ pipelines to pump the gas into ageing oilfields and boost their output....
...A version of this article was first published by Nikkei Asia on March 24 2023. ©2023 Nikkei Inc. All rights reserved....
...In response, pipeline operators are pointing to their potential as a link in carbon capture and storage (CCS) systems, in which CO2 emissions are trapped in underground reservoirs where they can be kept...
...Campaigns to keep fossil fuels underground have sparked concern from leading North American pipeline executives, who said tactics to stop their projects had become extreme....
...Construction of another container terminal, which will have a pier 350 meters in length and a depth of 14.5 meters, is already in the pipeline....
...This is because the industry’s project pipeline has been depleted by several years of cost-cutting and austerity....
...Each pipeline, about a metre wide, is hidden underground, the only sign of them a narrow cutting that ploughs through the surrounding vegetation....
...Instead they attempt to run their plants, truck fleets and pipelines at full capacity, much like a factory....
...Seplat could provide Afren with much needed cash to finance the rehabilitation of oilfields and improved governance after a series of scandals....
...A growing share of oil, largely from Rosneft, is flowing directly to China by pipeline....
...Amcu is pushing for a minimum entry salary for underground workers of R12,500 a month, the rallying call during 2012 and more than double the present basic salary of entry level miners....
...The longer-running bid pipeline will be updated on the government’s Contracts Finder website every six months....
...The production techniques pioneered in the US – hydraulic fracturing of the rock by pumping water sand and chemicals underground, and long-reach horizontal drilling – mean that for the first time these unconventional...
...His Standard Oil achieved supremacy in the US by owning refineries and controlling pipelines and rail routes....
...Emerging to breathe fresh air after 69 days underground in the copper mine, Florencio Avalos, a 31-year-old father of two, was welcomed by a crowd chanting: “Chile! Viva Chile!”...
...It can also pick up the sound of leaks from oil, gas or copper-slurry pipelines. How does it work? An interrogator unit sends a pulse of light down the fibre-optic line....
...But emergence of new supply centres and pipeline routes further complicates the picture....
...Gas for October delivery at Henry Hub, a Louisiana pipeline nexus, settled at $2.977 per million British thermal units on the New York Mercantile Exchange, down 65 per cent from a year ago....
...It is contributing some of the “cushion gas” that must be pumped into the underground reservoir to maintain pressure so the stored gas can be released when needed....
...Nicholas Bridgen, chief executive, said: “Our institutional investors suggested to us that the time was right to accelerate the underground project.”...
...Most previous plans to transport captured carbon dioxide have focused on using pipelines to move it from power stations and other producing sites to underground reservoirs....
...Jennie Erdal ft.com/richardson ……………………………………………… Tales from the underground Free books for commuters?...
...By definition, the basic underground assets of two miners cannot be consolidated in the conventional sense of bringing them physically together....
...The Indonesian government said Grasberg’s open pit mine was running at 20 per cent capacity and the underground mine was operating at 60 per cent capacity....
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