Carbon Capture
8 Rivers, Siemens Energy partner to develop carbon capture power generation
8 Rivers Capital LLC, a world-leading decarbonization technology and project developer, has embarked on the development of a zero-emissions turbine that will create electricity (~270MWe) from captured carbon dioxide (CO2) with Siemens Energy, one of the world’s leading energy technology companies.
OCI Global to sell its clean ammonia project in Texas (U.S.) to Woodside Energy for $2.35 B
OCI Global has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in OCI’s 1.1-MMtpy clean ammonia project under construction in Beaumont, Texas to Woodside Energy Group Ltd for $2.35 B.
ExxonMobil signs carbon capture agreement with CF Industries in Mississippi (U.S,)
ExxonMobil has signed its fourth carbon capture and storage agreement with CF Industries. ExxonMobil will transport and permanently store up to 500,000 tpy of captured CO2 from CF Industries’ complex in Yazoo City, Mississippi.
DNV completes CCS guidance documents to streamline CO2 storage in the European Economic Area
DNV has successfully supported the European Commission’s update of four non-binding guidance documents on geological carbon storage under the Carbon Capture and Storage Directive. This update aims to streamline permitting procedures and support sustainable CO2 storage solutions in the European Economic Area.
Methanex and Entropy partner to reduce emissions in methanol production
Methanex Corporation and Entropy Inc. have entered into an agreement to invest in a preliminary front-end engineering and design (pre-FEED) study for carbon capture, utilization and sequestration deployment at Methanex’s Medicine Hat, Alberta facility.
CF Industries, POET to demonstrate use of low-carbon ammonia fertilizer to reduce carbon intensity of corn production and ethanol
CF Industries Holdings Inc., a leading global manufacturer of hydrogen and nitrogen products and the world’s largest producer of ammonia, and POET LLC, one of the world’s largest producers of biofuel and a global leader in sustainable bioproducts, will collaborate to pilot the use of low-carbon ammonia fertilizer to reduce the carbon intensity of corn production and ethanol.
bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth
bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.
New DNV survey highlights oil and gas sector paradox
The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.
PTTGC wants to turn Map Ta Phut (Thailand) into petrochemicals hub
The company aims to build growth opportunity for Map Ta Phut to position it as a Southeast Asian hub.
AGRA Industries and Carbon Clean partner to accelerate the adoption of carbon capture in the biofuels industry
Carbon Clean, a leader in revolutionizing carbon capture solutions, has signed a Memorandum of Understanding (MoU) with AGRA Industries, an established leader in the design, fabrication, and complete construction of turnkey facilities.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
