Norway's Equinor Scales Back Climate Ambitions as Wind Changes
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Equinor is scaling back its climate goals, cutting investments in renewables and low-carbon tech. Rising costs and shifting political pri...
US Energy Expands Carbon Capture Assets With New Acquisition
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U.S. Energy acquired 2,300 acres in Montana to expand its carbon capture and helium production operations. The deal includes a permitted ...
EQNR's North Sea Wells Indicate Strong Potential for Carbon Storage
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Equinor has drilled two North Sea wells showing strong potential for long-term carbon dioxide storage. Early injection tests from the Sme...
Vaulted Deep Wins $8M in XPRIZE Carbon Removal Competition
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Vaulted Deep won $8M in the XPRIZE Carbon Removal competition for storing organic waste deep underground. Their method uses proven geolog...
8 Rivers and Wood Sign Pre-FEED Agreement for Wyoming Carbon Capture Project
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8 Rivers and Wood signed a Pre-FEED agreement for a Wyoming carbon capture project with PacifiCorp. The project will use 8 Rivers' Allam-...
Svante and Mercer International Advance Carbon Capture Project at Alberta Pulp Mill
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Svante and Mercer International advanced their carbon capture and storage project at the Peace River pulp mill to the next engineering ph...
South Dakota Bans Use of Eminent Domain for Carbon Dioxide Pipelines
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South Dakota banned the use of eminent domain for carbon dioxide pipelines, affecting Summit Carbon Solutions' $9 billion project. The pi...
Saudi Aramco, IEA Chiefs Clash In Houston Over The Future Of Oil
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At CERAWeek 2025, Saudi Aramco’s CEO clashed with the IEA over peak oil demand and the future of fossil fuels. Aramco is investing heavil...
Occidental and 1PointFive Secure Class VI Permits for STRATOS Direct Air Capture Facility
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Occidental and its subsidiary 1PointFive received the first-ever Class VI permits from the EPA to store CO₂ captured from the STRATOS DAC...
United Sustainable Flight Fund Invests in Heirloom to Scale Direct Air Capture
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United's Sustainable Flight Fund has invested in Heirloom to scale direct air capture (DAC) technology, with an agreement to purchase up ...
Trump's Energy 'Emergency' Sets Up Carbon Capture as a Solution
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Trump’s energy “emergency” declaration and executive orders signal expanded support for carbon capture and sequestration (CCS), with a fo...
NovoMOF Raises $5.4 Million to Scale Up Low-Cost Carbon Capture Materials
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novoMOF raised $5.4 million to scale its advanced MOF materials for low-cost carbon capture in industrial sectors. Their tech targets poi...
Scientists Discover Low-cost Way to Trap Carbon Using Common Rocks
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Scientists at Stanford have developed a low-cost process that uses heat to transform common minerals into materials that permanently trap...
Stockholm Exergi Takes Final Investment Decision on World's First Large-Scale BECCS Project
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Stockholm Exergi has approved the world’s first large-scale BECCS project, set to remove 800,000 tonnes of CO₂ annually starting in 2028....
Residual Aims to Redefine Carbon Removal with Innovative Project Development
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Residual, founded by former Oka and BeZero Carbon executives, aims to develop large-scale, high-quality carbon removal projects with a fo...
Almost 500 Carbon Capture Lobbyists Granted Access to COP29 Climate Summit
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At least 480 lobbyists working on carbon capture and storage (CCS) have been granted access to the UN climate summit, known as Cop29, the...
CO2 Lock Corp to Launch Carbon Capture and Storage Pilot Project in Northern BC
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CO2 Lock Corp., a subsidiary of FPX Nickel Corp., will launch a carbon capture and storage (CCS) pilot project in Northern British Columb...
Eion Secures $33 Million Carbon Removal Purchase by Frontier Buyers
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Eion secured a $33 million carbon removal deal from Frontier buyers to deploy enhanced rock weathering (ERW) using olivine on farmland ac...
1PointFive Signs 25-Year Sequestration Agreement with CF Industries
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1PointFive signed a 25-year agreement to store CO₂ from CF Industries’ upcoming Bluepoint low-carbon ammonia facility in Louisiana. The C...
Major Nations Agree on First-ever Global Fee on Greenhouse Gases With Plan That Targets Shipping
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Nations agreed to impose a global fee on shipping emissions, marking the first-ever international tax on greenhouse gases. The revenue wi...