Tag: carbon capture

EU Mandates CO₂ Storage By 2030 For Oil Firms

44 oil and gas firms must deliver 50Mt CO₂ storage by 2030, with flexible collaboration options allowed.

JPMorganChase Invests In Scalable Carbon Removal Deal

JPMorganChase invests $90M to buy 450,000 mtCO₂e from CO280, boosting scalable carbon removal in pulp mills.

Oxy And ADNOC Plan $500M DAC Project In Texas

Oxy and ADNOC to develop a $500M Direct Air Capture facility in Texas capturing 500,000 tonnes of CO2 yearly.

JPMorgan Backs Mati Carbon To Scale ERW Technology

JPMorgan funds Mati Carbon to expand enhanced rock weathering tech for global carbon removal and farmer benefits.

Microsoft Expands Carbon Removal Deal With Stockholm Exergi

Microsoft doubles carbon removal deal with Stockholm Exergi, capturing 5.08 million tons of CO2.

Carbon Alpha, Mangrove Launch Digital BECCS Project

Carbon Alpha and Mangrove launch Canada’s first large-scale digitally tracked carbon removal project in Saskatchewan.

Cryosphere Meltdown Threatens Arctic Fjords’ Carbon Role

Study warns Arctic fjords’ ability to capture carbon is weakening due to warming and glacial melt.

Global Energy Transition Faces Major Hurdles Ahead

Global energy transition faces hurdles, with renewables growing, but fossil fuels still dominate key sectors.

RepAir Raises $15M To Scale Carbon Capture Tech

RepAir raises $15M to scale its electromechanical carbon capture tech, aiming for low-cost, efficient CO2 removal.

Eni And UK Government Greenlight £2B CCS Project

Eni and UK Government greenlight £2B Liverpool Bay CCS project, boosting jobs, decarbonisation, and growth.

Dutch Government Invests €639M In Aramis Carbon Project

Dutch government invests €639M in Aramis project after Shell, TotalEnergies withdraw from pipeline funding.

NovoMOF Raises $5.4M To Scale Low-Cost Carbon Capture

NovoMOF raises $5.4M to scale low-cost CO2 capture technology, aiming to reduce industrial emissions globally.

Microsoft Strikes Largest Carbon Removal Deal

Microsoft signs largest carbon removal deal with Fidelis, committing 6.75 million tons of CO₂ over 15 years.

Heidelberg’s Padeswood Plant to Capture 800,000 Tonnes CO₂

Heidelberg’s Padeswood plant to capture 800,000 tonnes of CO₂ annually, supporting UK’s net-zero goals.

Orbital And Civo Partner For Carbon Removal In Data Centers

Orbital and Civo partner to pilot AI-driven carbon removal tech in UK data centers to reduce emissions.

EPA Clears Stratos DAC Plant For CO₂ Storage

Occidental’s Stratos DAC plant gets EPA nod to store CO₂, boosting U.S. carbon removal and climate efforts.

Microsoft Partners With Terradot for Carbon Removal Deal

Microsoft partners with Terradot to remove 12,000T CO₂, funding advanced ERW research for scalable carbon removal.

Hafslund Celsio Leads World’s First Carbon Capture Retrofit

Hafslund Celsio pioneers the first carbon capture retrofit at a waste-to-energy plant, aiming to cut 350,000 tons of CO₂.

Gasunie Invests $13B to Boost Green Energy in Netherlands

Gasunie announces $13B investment to accelerate energy transition and support sustainable Dutch industry.

Shell, TotalEnergies, Equinor Invest $700M In CCS Expansion

Shell, TotalEnergies, and Equinor invest $700M to expand Northern Lights CCS project, boosting capacity.

Spiritus Appoints Experts to Boost DAC Technology Rollout

Spiritus appoints Brian Higgins and Scott Kongkitisupchai to accelerate DAC technology and large-scale carbon removal.