Bia Energy Operating Company today announced that CO2 to be captured at their Low-Carbon Blue Methanol Project in the Port of Caddo-Bossier near Shreveport, Louisiana will be transported by CapturePoint for permanent sequestration in CapturePoint Solution’s CENLA Hub deep underground carbon storage sites. When the project is fully operational, up to 250,000 metric tons of CO2 could be stored annually.
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Bia Energy Announces CapturePoint's CENLA Hub Will Store CO2 For Low-Carbon Blue Methanol Project
CapturePoint Closes 45Q Direct Transfer Tax Credit Transaction Associated with the Arkalon CO2 Capture Facility in Kansas
CapturePoint LLC announced today that it has closed on a private Section 45Q direct transfer tax credit transaction for carbon dioxide (CO2) captured at the company’s Arkalon facility near Liberal, Kansas and utilized for Carbon Dioxide Enhanced Oil Recovery (CO2-EOR) operations in the panhandles of Oklahoma and Texas. The CapturePoint Arkalon CO2 capture facility has the capacity to capture 250,000 metric tons of CO2 annually from nearby bio-ethanol production.
See a video featuring the “Capturing Better Futures” Initiative!
Today, the Carbon Action Alliance released a documentary about the “Capturing Better Futures” Initiative. A proactive economic and environmental community engagement project sponsored by CapturePoint Solutions, the Vernon Parish School Board and the United Association of Plumbers and Pipefitters, the initiative is creating a career pathways training program for high school students in Vernon Parish, Louisiana.
CapturePoint Comments on Proposed Forest Service Rule Changes to Allow Deep Underground Pore Space Permits
On behalf of CapturePoint, CEO Tracy Evans submitted public comments to the Forest Service supporting proposals to change their rules to allow consideration of permit applications for deep underground pore space to be used for CO2 storage (RIN 0596-AD55). The rule changes will bring the Forest Service into alignment with the governing US law, Congressional and Administration intents, and other federal land-holding agencies. The CapturePoint comments included extensive recommendations for effectively and responsibly evaluating permit applications once they can be accepted by the Forest Service.
Azure Announces Plans to Develop an SAF Production Facility in Kansas
Azure 2023 Inc., a leading developer in the sustainable aviation fuel industry, today announces its planned development of an SAF production facility in Cherryvale, Kansas. Azure's goal of producing SAF with the lowest emissions is further supported through an executed letter of intent with CapturePoint Solutions to explore the opportunity to tie-in to its existing and operating carbon dioxide (CO2) sequestration network and infrastructure.
CapturePoint Secures Dedication of CO2 For CENLA Hub from Southwestern Energy Company
CapturePoint LLC (together with its affiliates, “CapturePoint”) announced today that a subsidiary of Southwestern Energy Company (“Southwestern”) (NYSE: SWN) has agreed with its midstream provider, Energy Transfer LP (NYSE: ET), to dedicate CO2 from its Haynesville natural gas processing to sequestration deep underground in CapturePoint’s Central Louisiana Regional Carbon Storage Hub (“CENLA Hub”). The CENLA Hub, under development by CapturePoint affiliate CapturePoint Solutions LLC, will permanently store captured CO2 in suitable geologic formations in Rapides and Vernon Parishes.