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IEEFA: Carbon capture model at Exxon s Shute Creek CCUS reveals a questionable technology and uncertain economic viability

Delving into the world’s largest carbon capture project, ExxonMobil’s Shute Creek CCUS facility, reveals a highly questionable technology.

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IEEFA: Shute Creek – world s largest carbon capture facility sells CO2 for oil production, but vents unsold

1 March 2022 (IEEFA) – ExxonMobil has consistently failed to reach carbon dioxide (CO2) capture capacity in its long-running Shute Creek carbon capture utilization & storage (CCUS) project and has vented captured CO2 back into the atmosphere when it couldn’t be sold to companies extracting more oil from depleted reservoirs, finds a

Vivienne hestonMilad mousavianTom sanzilloKate finlaysonBruce robertsonInstitute for energy economicsCarbon capture to serve enhanced oil recoveryOil recoveryShute creekEnergy economicsFinancial analysisCarbon capture utilizationEnhanced oil recoveryCapture capacityCarbon captureServe enhanced oil recovery

IEEFA: Carbon capture model at Exxon s Shute Creek CCUS reveals a questionable technology and uncertain economic viability - Institute for Energy Economics & Financial Analysis

Delving into the world’s largest carbon capture project, ExxonMobil's Shute Creek CCUS facility, reveals a highly questionable technology.

Shute creekUnited statesCarbon capture to serve enhanced oil recoveryEmissions reduction fundShute creek carbon captureCapture capacityEmissions reductionCarbon captureChevron gorgonServe enhanced oil recovery

IEEFA: Shute Creek - world s largest carbon capture facility sells CO2 for oil production, but vents unsold - Institute for Energy Economics & Financial Analysis

ExxonMobil has consistently failed to reach carbon dioxide capture capacity in its long-running Shute Creek carbon capture utilization & storage project and has vented captured CO2 back into the atmosphere when it couldn’t be sold to companies extracting more oil from depleted reservoirs, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).

Vivienne hestonMilad mousavianTom sanzilloKate finlaysonBruce robertsonInstitute for energy economicsCarbon capture to serve enhanced oil recoveryOil recoveryShute creekEnergy economicsFinancial analysisCarbon capture utilizationEnhanced oil recoveryCapture capacityCarbon captureServe enhanced oil recovery

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