Industry News
Chevron and Jera to Explore CCS Projects in the USA and Australia
Chevron New Energies, a division of Chevron USA Inc., and Jera have signed an MoU to collaborate on carbon capture and storage (CCS) projects in the United States and Australia, Chevron announced on 7 March. This MoU expands on the LNG relationship the firms have and...
U.K. Government Earmarks Funds for Carbon Capture and Nuclear Energy in Clean Energy Ramp-Up
U.K. Chancellor Jeremy Hunt is expected to pledge £20 billion to scale up carbon capture and low-carbon energy at this week’s budget, in a bid to compete with EU and US markets and bolster energy security. Hunt will announce plans to invest £20 billion over the next...
SK Inc. Materials Increases CCUS Investment in the U.S.
Korean clean energy company SK Inc. Materials is expanding investment into U.S. clean tech company 8 Rivers, an innovator of Carbon, Capture, and Storage technology. The SK Inc board approved the decision on 6 March to earmark a $300 million fund to invest in the U.S....
Baker Hughes and HIF Global Collaborate on Direct Air Capture Technology
Energy technology company Baker Hughes and the world-leading electro fuels (eFuels) firm HIF Global announced on 7 March a collaboration to develop technology to capture CO2 directly from the atmosphere (CO2 Direct Air Capture or DAC). The two prominent companies will...
Hunter Group and DNV to Advance CCS Shipping Solutions
Oslo-listed Hunter Group ASA and DNV classification society have forged a collaboration to develop a low-pressure mid-stream shipping solution for Carbon Capture and Storage. With the aim to create a sustainable CCS shipping option to be operated in Norwegian...
Bayou Bend Expands Carbon Capture Project to Onshore Southeast Texas
Bayou Bend CCS LLC (Bayou Bend), a carbon capture and sequestration project located along the Texas Gulf Coast, announced on 6 March an expansion of its carbon dioxide storage footprint through the acquisition of nearly 100,000 acres onshore...
1PointFive to Establish Carbon Capture and Sequestration Hub in Texas
Carbon capture, utilisation and sequestration firm 1PointFive has leased 55,000 acres of land along the Texas Gulf Coast to develop a carbon capture hub. Working with its parent company Occidental, the firm will develop the site with a capacity to store approximately...
DOE Funds Research on Capturing Carbon in 3D Printed Building Materials
The U.S. Department of Energy (DOE) has offered Oregon State University in western USA and Sandia National Laboratory a three-year $540,000 grant to study capturing carbon dioxide from industrial emissions and sequestering it in a mineralised form in 3D-printed...
Siemens Energy Equipment to Be Used at Occidental’s Direct Air Capture Plant in Texas
Siemens Energy compressors will be used at Occidental’s first large-scale Direct Air Capture plant in Texas’ Permian Basin developed by 1PointFive, a subsidiary of Occidental. The two compressor packages will enable the plant to capture up to 500,000 metric tons of...
U.S. Steel and CarbonFree Join Forces to Capture CO2 Emissions from Steel Mill in North America
United States Steel Corporation (U.S. Steel) and CarbonFree Chemicals Holdings, LLC (CarbonFree) have signed a non-binding Memorandum of Understanding (MoU) to capture CO2 emitted from U.S. Steel’s Gary Works manufacturing plant using CarbonFree’s SkyCycle technology....
Alliance Launches to Advocate for Carbon Removal Policies
More than 20 companies from the carbon removal industry have joined forces as an alliance to give the sector more visibility in political agendas. The consortium includes companies such as Climeworks, Heirloom, and Living Carbon, among others. Heading the alliance is...
Navigator Aims to Expand the Scope of Heartland Greenway
CCUS specialist firm Navigator CO2 Ventures LLC (Navigator) announced on 24 February that it has filed an updated permit application with the Illinois Commerce Commission to expand the scope of the carbon capture, utilization and storage (CCUS) project, Heartland...