Occidental Petroleum and the French energy major Total said they are partnering on a major carbon-capture project at an industrial cement plant in the United States.
The project would target capturing 725,000 metric tons of carbon per year at the Holcim Portland cement plant in Colorado so that Houston-based Oxy could buy the carbon dioxide and use it for enhanced oil recovery at its wells in Colorado or even in West Texas. Oxy is a leader in the practice of injecting captured carbon into more mature wells for additional oil extraction.
Total will help lead a joint study of the project as a key investor as Total aims to enhance its global carbon capture portfolio and technological capabilities.
Total and LafargeHolcim last year partnered on a similar project called CO2MENT for a cement plant in British Columbia.
“Participating in this study aligns with our goals of finding an economical pathway toward large-scale application of carbon-capture technologies to reduce emissions,” said Richard Jackson, president of Oxy Low Carbon Ventures.
Oxy is working on several other carbon-capture projects, including recent plans to build a large “direct air capture” plant in the Permian Basin to suck carbon out of the sky.
This article first appeared on the Houston Chronicle – an Energy Voice content partner. For more from the Houston Chronicle click here.