Article
Lapis Energy and Denbury Form JV to Develop CO2 Sequestration Project in SE Louisiana
Description
Lapis Energy, LP (“Lapis”) announced today that it has formed a joint venture with a subsidiary of Denbury Inc. (NYSE: DEN, “Denbury”) to design, implement, and operate a carbon dioxide (“CO2”) sequestration (“CCS”) project at Lapis Energy’s 14,000-acre carbon storage site located in St Charles Parish, Louisiana, approximately 20 miles west of New Orleans. Each party will have a 50 percent interest in a newly formed project company, Libra CO2 Storage Solutions LLC (“Libra”).
Other articles in the issue
-
Denbury Expands Leading CO2 Sequestration Portfolio with Two New Sites in Louisiana
Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) announced today that it has formed a joint venture with Lapis Energy, LP (“Lapis”) to design, implement, and operate a carbon dioxide (“CO2”) sequestration project at Lapis Energy’s 14,000-acre site located in St. Charles Parish, Louisiana. The Company also announced a definitive agreement with Soterra LLC, a wholly owned subsidiary of Greif, Inc., for the right to develop a dedicated CO2 sequestration site on approximately 8,500 acres in St. Helena Parish, approximately 50 miles northeast of Baton Rouge, Louisiana, and less than five miles from the Company’s NEJD CO2 pipeline
-
SCS Technologies to Sponsor, Exhibit at Carbon Capture Technologies Conference North America
SCS Technologies (SCS), a leading provider of CO2 compression and measurement systems, methane vapor recovery units and petroleum LACT units, today announced that the company is a silver sponsor and exhibitor at the Carbon Capture Technologies Expo North America, June 28-29, 2023, in Houston. In booth #1736, SCS executives and product team members will be available to discuss how SCS’ measurement and compression technology empowers customers to reach their net zero goals without compromising operations growth.
-
Jacobs Signs Global Engineering Agreement with Fortescue Future Industries
Jacobs (NYSE:J) has signed an Engineering Partnering Agreement (EPA) with Fortescue Future Industries (FFI) to support its global ammonia, green hydrogen and renewable energy project targets.
-
Renantis and Ventient Energy to combine to form leading renewables firm
Renantis and Ventient Energy – owned by institutional investors advised by the Global Infrastructure group at J.P. Morgan Asset Management – today announce that they intend to join forces to form one of the largest renewable independent power producers (IPPs) in Europe.
-
Synthica Energy Receives State Construction Permit for RNG Facility in Lebanon Junction, Kentucky
Synthica Energy today announced they have been issued the primary Construction Permit from the Commonwealth of Kentucky’s Department of Environmental Protection for an anaerobic digestion facility in Lebanon Junction, Kentucky (available here). Located near the intersection of I-65 and South Preston Highway, Synthica’s facility will be the largest organics-to-energy facility in Kentucky, and the first of its kind to provide reliable energy conversion of distillery and brewery byproducts - without relying on biosolids or land application for disposal of high strength digestate.