• CERAWEEK
  • March 10 - 14, 2025

J.R. Rickertsen

Bank of America

Managing Director, Energy Corporate Banking

J.R. Rickertsen is a managing director in the corporate banking energy group of BofA Securities, based in Houston. He is responsible for coordinating the delivery of the bank’s global corporate banking platform, for US integrated majors and internationally-focused large-cap energy companies. That platform includes debt capital markets, lending, leasing, derivatives, cash management, and custody and agency services. Rickertsen joined Bank of America in January 2013 after eleven years at Citi, where he had a number of energy and power corporate banking roles in Houston, Moscow, London, and New York. Rickertsen has worked with client relationships spanning nearly 100 countries, across the energy value chain, and has with extensive experience structuring financings, capital and commodity derivative markets. Recently, he participated in the National Petroleum Council’s white paper on carbon capture, use and storage (CCUS). For the past year, he has been partnering with his tax equity, climate finance and cross-asset teams, working to build an ecosystem to facilitate energy transition investment, including in CCUS. Rickertsen graduated from Georgetown University with a B.S. in Foreign Service, International Economics with a concentration in Russian and Eastern European studies.    

Sessions With J.R. Rickertsen

Tuesday, 10 March

  • 10:30am - 11:20am (CST) / -

    CCUS Emerging Business Models

    Climate & Sustainability Clean Tech

    Carbon Capture Utilization and Storage (CCUS) is seen as vital in 2C scenarios. Yet, Enhanced Oil Recovery (EOR), the most widespread utilization and storage option, draws most of its CO2 from existing reservoirs and not from emissions. While there is potential for large-scale implementation of CCUS, many challenges impede this. Today, the list of CO2 sourcing, capture, utilization, and storage options is expanding, and new technology could further reduce costs. What business models will allow these new options? How will they drive scale?