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EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.

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Calpine and ExxonMobil Sign CO2 Transportation and Storage Agreement for CCS Project in Texas

LCG, April 24, 2025--Exxon Mobil Corporation (ExxonMobil) announced yesterday an agreement with Calpine Corporation (Calpine) to transport and permanently store up to 2 million metric tons per annum (MTA) of CO2 from Calpine’s Baytown Energy Center, a natural gas-fired facility located near Houston, Texas. This is part of Calpine’s Baytown Carbon Capture and Storage (CCS) Project that is designed to add CCS for the facility’s CO2 emissions. The Calpine facility could then provide a 24/7 supply of low-carbon electricity to the Texas grid plus steam to nearby industrial facilities.

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Industry News

BP and India’s Tata to Buy 2,184 MW Enron Plant

LCG, July 17, 2003BP Global Investments and Tata Power Company may form a joint venture to purchase the Dabhol Power Company in Indias Maharashtra province.

The 2,148 megawatt Dabhol Power Plant has been idle and mired in controversy for two years. U.S.-based Enron insists that the Maharashtra State Electricity Board fell behind in $240 million worth of payments and that the Indian government failed to honor a counter-guarantee. The plant was subsequently shut down in May 2001.

The 740-megawatt, naptha-fired phase of the plant came on line in May 1999. The 1,444-megawatt, liquefied natural gas-fired second phase was scheduled to begin operations in 2001 but was never quite completed.

Enron currently owns a 65 percent stake in the $3 billion company, and Tata Power and BP Global are looking to purchase a 26 percent stake each from Enron.

General Electric (GE), Bechtel, and the Gas Authority of India, Ltd. (GAIL) each own a 10 percent stake. According to Tata Powers vice president for Strategy and Business Development Mohan Guranath, his company has discussed including GAIL, Bechtel, and GE in the joint venture. As yet, only GAIL has expressed interest.

BP Global and Tata Power are likely to present a rehabilitation plan to Dabhols largest creditor, the Industrial Development Bank of India.
According to Indian Express Newspapers, in April Tata Power and BP Global unsuccessfully offered to buy up 85 percent of the company.

Tata Power is a subsidiary of Mumbai-based Tata Power Limited, itself part of the enormous Tata family of companies.

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