Carbon capture

Exxon working on direct air capture but costs need to fall

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Darren Woods, CEO of ExxonMobil, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Exxon Mobil is working on technology to directly remove carbon dioxide from the atmosphere with the goal of slashing sky-high costs by half, CEO Darren Woods said … Read more

Norway wants to store carbon under the North Sea

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The receiving dock at the Northern Lights carbon capture and storage project, controlled by Equinor ASA, Shell Plc and TotalEnergies SE, at Blomoyna, Norway, on Friday, Jan. 19, 2024. Bloomberg | Bloomberg | Getty Images Norway’s government wants to show the world it is possible to safely inject and store carbon waste under the seabed, … Read more