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California Resources to Sequester Carbon at State s First Blue Hydrogen Project

California Resources Corp. (CRC), the largest producer in the state, said it would capture carbon emissions at a planned blue hydrogen facility at the Elk

United statesKern countyMac mcfarlandGreg brooksLone cypress energy servicesCalifornia energy commissionRevenue service sectionCalifornia resources corpCarbon terravault jv holdcoCalifornia resourcesElk hills fieldCarbon terravaultLone cypressLone cypress president gregInflation reductionInternal revenue service section

Global CCS Projects CO2 Capture Capacity Grows Nearly 50% in 2022

The CO2 capture capacity of all CCS facilities under development increased 44% over the past 12 months, bringing the total capacity of those projects to 244 mtpa of CO2.

United statesJosh etkindRita esuru okoroaforStorage resources committeeHarold vance department of petroleum engineeringTexasam universityPetroleum engineeringRevenue service sectionEmission energy transitionNorth americaReduction actInternal revenue service sectionJobs actResources committeeDioxide captureStorage technical section

Natural Gas, Oil Industry Urging Equal Incentives for Blue, Green Hydrogen

The natural gas and oil industry is calling on policymakers to treat all forms of low-carbon hydrogen equally when doling out incentives in order to

United statesAaron padillaDepartment of energyHydrogen marketAmerican petroleum instituteRevenue service sectionBipartisan infrastructure lawInflation reduction actInternal revenue service sectionBig will the hydrogen market

Last-minute tips for trimming your tax bill

The end of December is barreling down for calendar-year business filers, but owners can still try to trim their tax bill. Here are some tips.

Teddie riveraCristina sousaLouis mieleNicole derosaMichael karuMartin fioreSteven podobinskyDan gibsonLevine jacobs coWithum national tax servicesUs corporationEnterprise family officeRevenue service sectionSwiss coEisneramper private client services groupEmployee retention credit

Inflation Reduction Act Seen Vastly Improving CCUS Economics for Natural Gas Power Plants

The Inflation Reduction Act of 2022 (IRA) could more than double the amount of carbon dioxide (CO2) emissions that can economically be abated via carbon

United statesJason lindquistBryan lutherEnveru sarp ozkanAmerican petroleum instituteRevenue service sectionInflation reduction actPresident bidenInternal revenue service sectionNecessary transition

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