Industry News

MIT researchers claim to have devised a method to release and capture CO2 from the ocean that uses less energy than direct air capture. The scientists developed a system in which seawater is passed th ...

Norwegian clean energy company and provider of carbon storage services Horisont Energi and oil and gas company Neptune Energy announced on 20 February that they have signed an MoU with E.ON SE to esta ...

Honeywell announced on 15 February that ExxonMobil will deploy Honeywell’s carbon capture technologies at its integrated complex in Baytown, Texas. Honeywell’s CO2 Fractionation and Hydrogen Purificat ...

The Egyptian division of the oil supermajor Shell reached a preliminary agreement with Energean PLC to decarbonize Shell’s Idku liquefied natural gas marine terminal on the Mediterranean. Energean sai ...

Nature-based carbon removal company Funga, founded by Dr. Colin Averill, combines DNA sequencing and machine learning technology with research on forest microbiomes. The company has recently raised US ...

Aircela, a company that makes carbon neutral e-fuels from CO2 in the air, announced on 9 February that it has closed a funding round with investment firm Maersk Growth, the venture capital arm of Dani ...

Chevron Australia has announced around US $26.5 million for carbon capture and storage research projects in Western Australia and Victoria.  The sums have come as the Australian Petroleum Production & ...

Dubai-based Blue Carbon, a company which supports carbon removal projects across the world and Zambia through the Ministry of Green Economy and Environment, have signed an MoU to implement carbon remo ...

Carbon TerraVault Holdings, LLC (CTV), subsidiary of California Resources Corporation announced on 7 February that it has created a consortium of organizations across industry, technology, academia, n ...

Chicago-based LanzaTech Global, a carbon capture company that converts waste carbon into materials such as sustainable fuels, fabrics, and packaging started trading on NASDAQ on 10 February, becoming ...