ExxonMobil Secures Largest CO2 Offshore Storage Site in the U.S.
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ExxonMobil has signed the largest offshore carbon dioxide (CO2) storage lease in the U.S. with the Texas General Land Office (GLO), cover...
DOE Unveils Carbon Management Strategy to Drive a Net-Zero Future
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The U.S. Department of Energy (DOE) released its Carbon Management Strategy to combat climate change. It supports the Biden-Harris admini...
Wood Leads Industry Project to Accelerate CCUS With Guidelines for CO2 Specifications
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Wood is leading a Joint Industry Partnership (JIP) to create guidelines for CO2 specifications to support Carbon Capture, Utilization, an...
DOE Announces Plans to Invest in Carbon Dioxide Transport FEED Studies
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The U.S. Department of Energy (DOE) plans to invest in more front-end engineering and design (FEED) studies for carbon dioxide (CO2) tran...
Shell to Build Carbon Capture and Storage Projects in Canada
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Shell Canada Products, a subsidiary of Shell plc, today announced the Final Investment Decision (FID) for Polaris, a carbon capture proje...
Microsoft Clinches Ocean-based Carbon Removal Deal With Ebb Carbon
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Microsoft has partnered with Ebb Carbon to capture and store up to 350,000 tonnes of CO₂ over the next decade. The agreement starts with ...
How ADNOC Is Leading the Future of Carbon Capture and Energy Innovation
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ADNOC is transforming from an oil and gas giant to a leader in carbon capture and clean energy innovation, investing $23 billion in lower...
New Joint Venture Announced by GLJ and Energy Fuse to Lead U.S. Carbon Sequestration and Enhanced Oil Recovery Projects
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GLJ Ltd. and Energy Fuse Group LLC have formed a joint venture to lead U.S. Carbon Sequestration and Enhanced Oil Recovery projects. This...
Pegasus Capital Advisors and Partanna Collaborate to Scale Carbon-Negative Cement for Coastal Resilience
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Pegasus Capital Advisors plans to invest up to $20 million in Partanna, a company behind carbon-negative cement that strengthens in seawa...
OnStream Receives $26 Million in Federal Funding for Louisiana Offshore Carbon Storage Hub Development and Announces Joint Venture Partnership with Major Midstream Company
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OnStream CO2 has received a $26 million CarbonSAFE Phase III grant from the U.S. Department of Energy. The funding will support the GeoDu...
ATCO EnPower, Shell Move Forward with Atlas Carbon Storage Hub Project
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ATCO EnPower has announced that together with Shell Canada Limited, a final investment decision (FID) has been made to move forward with ...
Return and Verified Announce First 100% Wind-Powered Direct Air Capture Hub, Designed To Scale to 500,000 Tons Annually
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Return Carbon and Verified Carbon have announced 'Project Concho,' a groundbreaking Direct Air Capture hub in Texas. It will be the first...
Carbon Capture SPAC CO2 Energy Transition Lowers Unit Offering by 25% Ahead of $60 Million IPO
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CO2 Energy Transition Corp., a blank check company targeting the carbon capture, utilization, and storage industry, lowered the proposed ...
Carbon Capture's $77 Billion Surge Faces a Crossroads: Will the U.S. Lead or Fall Behind?
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Carbon capture is booming in the U.S. with $77.5B committed, but federal budget cuts and policy uncertainty threaten momentum. Key projec...
Vaulted Deep: Biomass Carbon Removal And Storage Company Raises $32.3 Million (Series A)
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Vaulted Deep, a biomass carbon removal and storage (BiCRS) company specializing in durable carbon dioxide removal (CDR), announced it has...
Reconciliation Energy Transition Inc. and Sumitomo Corporation of Americas Announce Exclusivity Agreement for Carbon Transportation and Sequestration Project in Alberta, Canada
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Reconciliation Energy Transition Inc. ("RETI") and Sumitomo Corporation of Americas, a subsidiary of Sumitomo Corporation, (together "Su...
Technip Energies and GE Vernova Awarded a Major Contract for the Net Zero Teesside Power Project, Which Aims to Be the World’s First Gas-fired Power Station With Carbon Capture and Storage
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Technip Energies, GE Vernova, and Balfour Beatty have been awarded a major contract for the Net Zero Teesside Power project. The projec...
United Bets on Photosynthesis and Limestone to Fuel Net-Zero Flight Path
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United Airlines is partnering with startups like Heirloom and Twelve to invest in carbon removal and sustainable aviation fuel (SAF) tech...
Where the $6.5 Trillion Goes: Carbon Tech Fights for Funding
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Global energy spending will stay flat at $6.5 trillion through 2050, but most of it is flowing to renewables and grid infrastructure rath...
How 45Q Credits Revived This Troubled $9B Megaproject
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Air Products and Yara revived the $9B Louisiana Clean Energy Complex through 45Q carbon capture tax credits and a 25-year offtake deal. T...