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...
Altitude Expands Ascent 1 Large-scale Financing Facility to 250,000t CDRs
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Altitude expanded its Ascent 1 financing facility from 50,000t to 250,000t of carbon dioxide removal credits. The move strengthens financ...
Carbontech Funding Opens as CDR Sector Pushes for Net-Zero Standard Revisions
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The Carbontech Development Initiative opened a new funding round for carbon removal and carbon-to-value technologies. At the same time, m...
In Ohio, Hydrogen Industry Presses on Despite Federal Uncertainty
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Despite federal funding cuts, Ohio’s hydrogen industry continues advancing through local projects like AEP’s fuel-cell data centers and M...
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...
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...
Removing CO2 From Atmosphere Vital To Avoid Catastrophic Tipping Points, Leading Scientist Says
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Scientists warn that removing 10 billion tons of CO₂ annually is essential to prevent catastrophic climate tipping points. Johan Rockströ...
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 ...
Cache Power Advances 30 GWh Compressed Air Energy Storage Project In Alberta
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Cache Power is developing a 30 GWh compressed air energy storage and hydrogen hub in Alberta using B&W’s BrightLoop technology. The syste...
PCA Launches Carbon Capture and Storage Study Following ‘Promising’ Trial
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PCA completed a carbon capture pilot at a southern U.S. mill and found the results promising. The company is now moving into a detailed e...
DMS Georgia: World’s First Deep Mine Carbon Storage
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Rewind has launched DMS Georgia, the world’s first deep mine carbon storage facility, which locks surplus biomass underground to permanen...
Exclusive: Shell Backs Plan To Scale Direct Air Capture Project
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Shell and Mitsubishi are investing $17 million in Avnos to build a commercial direct air capture plant that removes CO₂ and produces clea...
Manitoba Startup Pitches $5 Million Biochar Processing Plant to Ritchot Municipality
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A Manitoba startup, Carbon Lock Tech, has proposed a $5 million biochar plant that would convert municipal organic waste into carbon-stor...
EPA Issues Three Class VI Permits to ExxonMobil in Jefferson County, Texas
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The EPA granted ExxonMobil three Class VI permits to convert test wells in Texas into CO₂ storage sites. The project will inject up to 53...
Microsoft Signs Large Carbon Removal Deal Backing AtmosClear's Louisiana Project
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Microsoft signed a deal to support AtmosClear’s Louisiana project, set to remove 6.75 million tons of CO₂ over 15 years. The project uses...
DNV Advances Skylark to Enable Safe Scaling of CO2 Pipelines for Carbon Capture and Storage
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DNV is leading a global project called Skylark to improve the safety of CO₂ pipeline operations for large-scale CCS deployment. The initi...
Alternative Carbon Carrier Technology Could Improve Both Oil Production and Carbon Storage
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Researchers at the University of Texas are testing alternative carbon carrier technology to improve enhanced oil recovery. The method boo...
“Grand Bargain” Would Result In More Oils ands Emissions, Not Less
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A Pembina Institute report found no realistic path to fill a new Alberta oil pipeline with “decarbonized barrels.” Pairing it with the Pa...
Svante Technologies Wins Global Award for Breakthrough Carbon Capture Innovation
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Svante Technologies won the Solid Sorbent Carbon Capture Technology award from the World Future Awards for its MOF-based carbon capture i...
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 ...