GLE announces CO2 sequestration project for Whitecap Resources

Gas Liquids Engineering Ltd (GLE) announces the commencement of conceptual and detailed engineering design (FEED) of a major CO2 pipeline, compression and sequestration system for Whitecap Resources in Saskatchewan.

Partagez:

Gas Liquids Engineering Ltd (GLE) announces the commencement of conceptual and detailed engineering design (FEED) of a major CO2 pipeline, compression and sequestration system for Whitecap Resources in the province of Saskatchewan. Whitecap currently operates one of the world’s largest anthropogenic carbon sequestration projects, transporting CO2 from two major industrial emitters to its existing capture, use and storage (CCUS) hub near Weyburn, Saskatchewan. GLE supports Whitecap’s planned decarbonization strategy, which includes expanding its existing hub to include transporting multiple additional industrial CO2 sources to new sequestration sinks. Following a final investment decision, engineering and construction, the project will represent a major expansion of Whitecap’s existing sequestration network, and a significant increase in Canada’s overall sequestration capacity.

GLE commits to Whitecap

Stuart MacKenzie, P.Eng, CEO of Gas Liquids Engineering said, “GLE is pleased to support a carbon sequestration leader such as Whitecap Resources, who already has an extensive portfolio of facilities, CO2 pipelines and operational expertise in their Canadian operations. This sequestration project would be a natural extension of their current business, and we look forward to applying GLE’s experience from previous large CO2 projects to achieve an efficient system design.”

Canada continues to increase its sequestration capacity

Once completed, Whitecap Resources’ new CO2 pipeline, compression and sequestration system will represent a major expansion of their existing sequestration network, as well as a significant increase in Canada’s overall sequestration capacity.

Frontier Infrastructure Holdings has signed an offtake agreement with manager Wild Assets for up to 120 000 tonnes of BECCS credits, underscoring the voluntary market’s growing appetite for traceable, high-permanence carbon removals.
Global carbon capture and offset credit markets could exceed $1.35 trillion by 2050, driven by private investment, technological advances, and regulatory developments, according to analysis published by Wood Mackenzie.
The Australian carbon credit market is experiencing temporary price stabilization, while the emergence of new alternative financial instruments gradually attracts corporate attention, subtly altering the commercial and financial dynamics of the sector.
Norway has launched a major industrial project aimed at capturing, maritime transport, and geological storage of CO₂, mobilizing key energy players and significant public subsidies to ensure economic viability.
A €21mn European grant, managed by EIB Global, will fund Egyptian projects aimed at cutting industrial emissions and boosting recycling, while a related €135mn loan is expected to raise additional climate investments.
Stockholm Exergi begins construction of a CO₂ capture facility in Stockholm, integrated with the expansion of Northern Lights in Norway, reaching a total storage capacity of 5 million tonnes per year by 2028.
Global emissions coverage by carbon pricing systems reaches 28%, driven by expanding compliance markets, where demand nearly tripled within one year, according to a World Bank report.
Vietnam initiates a pilot carbon market targeting steel, cement, and thermal energy industries to prepare for nationwide regulation starting in 2029.
The U.S. Environmental Protection Agency (EPA) proposes granting Texas direct authority to issue carbon dioxide injection permits, potentially accelerating the commercial expansion of geological CO₂ storage projects.
Höegh Evi and Aker BP received Approval in Principle from DNV for a maritime carrier designed to transport liquefied CO₂ to offshore storage sites in Norway.
Norne and the Port of Aalborg begin construction of a 15 mn tonne per year CO2 terminal, supported by an EU grant.
The Lagos State government has launched a programme to deploy 80 million improved cookstoves, generating up to 1.2 billion tonnes of tradable carbon credits.
The US Department of Energy has cancelled 24 projects funded under the Biden administration, citing their lack of profitability and alignment with national energy priorities.
In the United States, the carbon black market faces unprecedented fluctuations in the first half of 2025, driven by declining industrial demand and persistent raw material volatility, casting doubts over the sector's future stability.
European and UK carbon markets paused this week as participants await clarity on future integration of both emissions trading systems.
A consortium led by European Energy has secured prequalification for a Danish carbon capture and storage project in Næstved, aiming to remove 150,000 tons of CO₂ per year under a national subsidy programme.
The joint project by Copenhagen Infrastructure Partners and Vestforbrænding is among ten initiatives selected by the Danish Energy Agency for public carbon capture and storage funding.
Canadian broker One Exchange partners with Stephen Avenue Marketing to create OX CO₂, a carbon trading platform combining digital technology and human expertise.
Russia has filed a complaint with the World Trade Organization (WTO) challenging the European Union's Carbon Border Adjustment Mechanism (CBAM), deeming it discriminatory and protectionist towards its strategic commodity exports.
BP recommends extending the UK emissions trading system through 2042 and calls for alignment with the European market while supporting the inclusion of carbon removals in the scheme.