Exxon sees carbon capture market at $4 trillion by 2050

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Exxon Mobil Corp. (XOM.N) estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, t...

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Biochar Breakthrough: Microsoft and Exomad Green Team Up to Lead Carbon Removal at Scale

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Exomad Green and Microsoft signed the world’s largest biochar-based carbon removal deal to eliminate 1.24 million tonnes of CO₂ over 10 y...

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Greg Harper Appointed New CEO of CapturePoint LLC

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Greg Harper has been appointed CEO of CapturePoint, a major player in U.S. carbon capture and storage. The company currently injects over...

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Alberta picks six proposals to develop Canada's first carbon storage hubs

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Canada's main oil-producing province Alberta on Thursday selected six proposals to move forward with developing Canada's first carbon sto...

carbon-capture

Oil industry gears up to tap U.S. climate bill for carbon capture projects

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Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration project...

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Enviva Releases White Paper on the Evolution of Modern Bioenergy in Heavy Industry Verticals

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Today, Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced wood biomass, published a white paper that discusses ...

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Aker Solutions ASA: Aker Solutions and SLB Capturi Awarded Contract for Hafslund Celsio's Carbon Capture and Storage Solution

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Aker Solutions and SLB Capturi have been awarded a contract for the carbon capture and storage solution at Hafslund Celsio's waste-to-ene...

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World's First Liquefied CO2 Carrier Equipped with Wind Challenger (Hard Sail Wind-assisted Propulsion Systems) - Approval in Principle (AiP) Obtained for a Three Units Design-

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Mitsui O.S.K. Lines secured approval for a liquefied CO₂ carrier design using wind-assisted propulsion to cut fuel use and emissions duri...

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Aspen Technology and Saudi Aramco Partner to Bring New Carbon Capture & Utilization Software Innovation to Market

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Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a partnership with Aramco (Tadawul:2222), o...

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First U.S. Machine to Turn Air into Gasoline Debuts in NYC

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Aircela unveiled the first U.S. machine that turns air into gasoline using direct air capture and fuel synthesis. The compact unit create...

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Turning Paper Waste into Climate Wins: Microsoft Backs Massive CO280 Carbon Capture Deal

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Microsoft signed a 12-year deal with CO280 to remove 3.7 million tons of biogenic CO₂ from pulp and paper mills using carbon capture tech...

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Aemetis Awarded the First CO2 Sequestration Characterization Well Permit Issued by the State of California

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Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on negative carbon intensity products, announce...

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Aker Carbon Capture selected by Viridor as partner on pre-FEED study for Runcorn CCS

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Aker Carbon Capture will support Viridor in the provision of a pre-FEED study for the Runcorn CCS project, which is located around 20 km ...

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This Startup Uses the Cooling Towers on Buildings as Carbon Capture Devices

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On top of a nondescript industrial building in the Bay Area city of San Leandro, a company is pioneering a new way to fight climate chang...

carbon-capture

US Helps Sink World’s First Global Carbon Tax After Threatening Sanctions Against Countries Supporting It

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The U.S. blocked a proposal for the world’s first global carbon tax on shipping, pressuring countries with threats of sanctions and port ...

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Reverion Secures $41 Million in Carbon Removal Deals Led by Google, H&M

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Reverion secured $41 million in carbon removal deals led by Frontier buyers including Google and H&M to scale its biogas-based carbon cap...

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Talen Energy Expands Nuclear Energy Relationship with Amazon

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Talen Energy and Amazon signed a long-term power purchase agreement for 1,920 MW of carbon-free nuclear energy to support Amazon's data c...

ccs carbon-capture carbon-removal

Low-Profile Dubai Operator Emerges Behind Europe’s First Blue Ammonia Shipment

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StreamOne Shipping’s Oceanic Star has delivered Europe’s first blue ammonia cargo from the US. The shipment, arranged by Trafigura and pr...

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Carbon Removal Leaders Deep Sky and Svante Partner to Study Carbon Storage Feasibility in Southern Quebec, Canada

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Deep Sky & Svante partner to study CO2 sequestration feasibility in Quebec with Sproule's geological research.

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Oxford Energy Forum – Carbon Capture, Utilization and Storage (CCUS): barriers, enabling frameworks and prospects for climate change

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Carbon capture and storage (CCS) involves the trapping of man-made CO2 underground to avoid its release into the atmosphere. Because of t...

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