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Carbon sequestration in the oil and gas industry

Carbon sequestration in the oil and gas industry

The oil and gas industry is increasingly turning to carbon sequestration technology as a way to reduce its environmental impact. Carbon sequestration involves capturing carbon dioxide (CO2) from industrial processes such as power plants and refineries and then storing it away from the atmosphere. This process helps reduce greenhouse gas emissions that are responsible for climate change.

Carbon capture has been around for a while, but more recently there has been more focus on using it to help boost oil production. This includes using CO2 to enhance oil recovery (EOR), which involves injecting CO2 into existing oil fields to increase their yield. It can also be used in combination with other technologies such as hydrogen fuel cells, which can produce clean energy while reducing greenhouse gas emissions.

In addition, carbon capture can be used in conjunction with other technologies such as carbon utilization and storage (CCUS). CCUS involves capturing CO2 from industrial sources and then storing it away from the atmosphere in underground reservoirs or other geological formations. This helps reduce emissions while providing a potential source of income for companies investing in the technology.

Finally, there is a growing interest in using carbon sequestration for net zero emission goals. Companies are looking for ways to use this technology to offset their greenhouse gas emissions by capturing and storing CO2 from industrial processes or even directly from the atmosphere itself.

In general, carbon sequestration is becoming an important part of the oil and gas industry’s efforts to reduce its environmental impact. By investing in this technology, companies can help reduce greenhouse gas emissions while generating the energy they need to meet global demand.

Check out the related report Milk Lubricants for Carbon Capture and Storage (CCUS) Operations | RS Clare When RS Clare collaborated with Schlumberger and a leading IOC (International Oil Company) to perform a detailed analysis on Valve Lubricant 601.TM and how it behaves when mixed with supercritical CO.

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