The current cement, steel, refractory and calcium carbide industries rely on thermal decomposition of calcium carbonate (CaCO3) that forms calcium oxide (CaO) and carbon dioxide (CO2). Hydrogenation of CaCO3 may reduce or eliminate CO2 in CaO generation and simultaneously generate carbon monoxide (CO) and/or methane (CH4). This work mainly investigates CaCO3 hydrogenation conditions for CO and CH4 and establishes the kinetics for these reactions. It is found that CH4 forms at temperatures lower than that of CO2 but higher than that of CO. The rates of CO and CH4 formation increase with increasing hydrogen pressure (PH2) but that of CO peaks at PH2 of 0.05–0.10 MPa. The CO2, CO and CH4 yields are 17.7%, 81.4% and 0.9% at the PH2 of 0.10 MPa while 1.2%, 20.0% and 78.8% at the PH2 of 6.00 MPa. The kinetics of CaCO3 conversion and CO and CH4 formation can be better modeled by the shrinking core model (SCM) than the volume reaction model (VRM) and the gas reaction model (GRM). The activation energy (Ea) for CaCO3 conversion and CO and CH4 formation by SCM is 165.8, 156.4 and 211.9 kJ·mol−1, respectively, with the order of PH2 of 0.108, 0.005 and 0.673, respectively.