On 23 May, five companies from across Asia, Europe, and North America announced their plan to join the NextGen CDR Facility as founding buyers to scale up carbon removal technologies and catalyze the market for high quality carbon removals.
BP and Linde plan a major CCS project in Texas that will enable low carbon hydrogen production at Linde’s existing facilities.
Singapore-based shipping company Eastern Pacific Shipping (EPS) has contracted Dutch maritime technology company Value Maritime (VM) to install carbon capture and filtering systems on two medium range (MR) tankers.
Cory has inked a deal with Northern Lights JV, to work on a CCS project, enabling cross-border marine transportation of CO2.
Chevron and Pertamina have partnered up to explore lower carbon business opportunities, including CCUS)and hydrogen.
The UK regulator has awarded two carbon storage licences in the North Sea – to store up to 23 Mtpa of CO2 by 2038 – to BP and Equinor.
Global Ship Lease (GSL), a London-based containership owner Global Ship Lease (GSL) and Golar LNG, a UK-based owner and operator of marine-based LNG midstream infrastructure, have invested in a carbon capture initiative led by Aqualung Carbon Capture AS.
Enbridge and Humble Midstream will jointly develop a low-carbon hydrogen and ammonia production and export facility near Corpus Christi.
Wintershall Dea’s new project is putting the wheels into motion to decarbonise the German industry with the help of hydrogen and CCS.
Three organisations have decided to renew their collaboration to explore the potential of carbon capture and storage on the UKCS.
BP intends to invest up to £18 billion (about $22.5 billion) in the UK’s energy system by the end of 2030.
Talos, Chevron, and Carbonvert have inked a deal for a proposed joint venture expansion to enhance a hub-scale CCS project offshore Texas.
Equinor has joined forces with ONGC to participate in energy projects in India such as CCS, low carbon fuels and renewables.
The annual performance review for the UK’s top producers highlighted 33 new projects targeting 1.3 billion barrels of oil and gas.
