Carbon capture and storage

RepAir and Cella Launch Carbon Capture and Storage Partnership in Kenya

Retrieved on: 
Mercredi, avril 24, 2024
Carbon, Sale, Climate change, Carbon capture and storage, Cella's, Direct air capture, DAC, Great Rift Valley, Kenya, Partnership, Republican, ESG, CO2, Cella

YOKNEAM, Israel, April 24, 2024 /PRNewswire/ -- RepAir, a leading Direct Air Capture (DAC) firm, and Cella, a carbon storage technology company, have partnered to launch an innovative Carbon Capture and Storage venture. RepAir has been cultivating partnerships with storage firms in Europe, The US and Africa. Most recently, they've established a storage partnership with Cella aimed at creating dedicated value chains for extracting CO2 from the atmosphere and permanently storing it underground through in-situ mineralization. This storage agreement will streamline the sale of high-quality carbon credits to off-takers, enabling corporations to meet evolving ESG standards, manage offsets, and advance towards net zero goals.

Key Points: 
  • YOKNEAM, Israel, April 24, 2024 /PRNewswire/ -- RepAir , a leading Direct Air Capture (DAC) firm, and Cella, a carbon storage technology company, have partnered to launch an innovative Carbon Capture and Storage venture.
  • Most recently, they've established a storage partnership with Cella aimed at creating dedicated value chains for extracting CO2 from the atmosphere and permanently storing it underground through in-situ mineralization.
  • This energy-efficient, easily scalable, and cost-effective approach is projected to capture carbon at approximately $50 per ton at the gigaton scale.
  • This agreement is perfectly aligned with the launch of our commercial demonstrator in 2025, empowering RepAir to offer high-quality carbon credits to our customers."

EQS-News: Financial year 2023: SBO with all-time high in sales

Retrieved on: 
Mercredi, avril 10, 2024
Carbon, Annual, EUR, Carbon capture and storage, CAPEX, Tax, Wiener Börse, Growth, OE, Research, ATX, Acquisition, Education minister, Petroleum reservoir, Investment, Depreciation, AMS, Optimism, SBO, Renewable energy

Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX of the Vienna Stock Exchange, continued its growth in 2023 and recorded excellent sales and earnings development.

Key Points: 
  • Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX of the Vienna Stock Exchange, continued its growth in 2023 and recorded excellent sales and earnings development.
  • The SBO Group's sales rose by 16.9% to an all-time high of MEUR 585.9 (2022: MEUR 501.2), driven by the outstanding performance of the AMS division with 32.2% growth.
  • The order backlog per year-end remained at a high level at MEUR 225.4 (2022: MEUR 265.0).
  • We have once again demonstrated our operational strength, achieved record sales, improved our operating result and generated a high operating cash flow.

Call for Canadian clean tech leaders to sell to governments

Retrieved on: 
Mardi, mars 26, 2024
Carbon, CCS, International Energy Agency, CCU, CCC, Carbon capture and storage, Government, Government of Canada, Learning, Transport, Water

Are you an experienced Canadian cleantech company with products and services that governments buy?

Key Points: 
  • Are you an experienced Canadian cleantech company with products and services that governments buy?
  • According to a report by the International Energy Agency, the global clean tech market was projected to exceed $1.7 trillion in 2023.
  • Such a massive market is an opportunity for many companies and CCC wants to partner with more Canadian clean tech leaders to offer their products and services to foreign governments.
  • As a Government of Canada agency, CCC helps Canadian businesses build and win successful commercial relationships with foreign governments through government to government (G2G) contracts.

A more competitive, self-sufficient and greener region: MOL Group is to achieve carbon neutrality with a smart transition

Retrieved on: 
Jeudi, mars 14, 2024
Carbon, Community, Electricity, Carbon capture and storage, Consumer service, Geothermal energy, Waste management, Recycling, SHAPE, GHG, CEE, MOL, MOL (company), Exploration, European, INA, Renewable energy

MOL Group aims to achieve carbon neutrality by 2050 through smart transition: ensuring sustainability and further strengthening security of supply through innovative technologies.

Key Points: 
  • MOL Group aims to achieve carbon neutrality by 2050 through smart transition: ensuring sustainability and further strengthening security of supply through innovative technologies.
  • MOL Group is ensuring a smart transition with tomorrow's solutions: investing in further strengthening the region's security of supply, creating value from waste and shaping the future of mobility with innovative technologies.
  • It will spend more than $4 billion on green investments by 2030 and aims to reach carbon neutrality by 2050.
  • To achieve these goals, we will increase the use of renewable electricity across the MOL Group, particularly in the Downstream area.

Chevron and JX Sign MOU for Collaboration on Development of CCS Value Chain

Retrieved on: 
Mardi, mars 19, 2024
Energy, Utilities, Oil, Gas, Carbon, MOU, Carbon capture and storage, Natural gas, Assistant, Knowledge, Transport, Hope, JX, CCS, Petra Nova, Carbon dioxide, CCUS, Multimedia

This press release features multimedia.

Key Points: 
  • This press release features multimedia.
  • (Photo: Business Wire)
    The main objective of the MOU is to evaluate the feasibility of the CCS value chain, including capture of CO₂ emitted from industries located in Japan, including JX’s affiliates, and transportation by ship from Japan to Chevron’s greenhouse gas storage portfolio in Australia.
  • The collaboration will also explore the opportunity to develop suitable transboundary policies and the potential development of CO₂ storage sites in other countries in the Asia Pacific region.
  • JX will contribute to the realization of a carbon-neutral society by leveraging the knowledge we have accumulated through our various CCS/CCUS-related businesses,” Yamada added.

Blockchain for Energy Unveils their B4ECarbonTM Emissions Management Solution

Retrieved on: 
Mardi, mars 12, 2024
Technology, Other Energy, Blockchain, Oil, Gas, Environmental Health, Energy, Professional Services, Artificial Intelligence, Environment, Sustainability, Software, Data Analytics, Data Management, Climate Change, Carbon, IWA, Carbon capture and storage, Forecasting, Artificial intelligence of things, Intelligence, Internet of things, Artificial intelligence, AI, CCS, Enovate, Fraud, Heart, Machine learning, Data management, Cryptocurrency

Blockchain for Energy (B4E), a non-profit consortium of premier energy companies, is thrilled to announce the launch of the B4ECarbon solution, marking a significant technological leap in emissions management within the energy industry.

Key Points: 
  • Blockchain for Energy (B4E), a non-profit consortium of premier energy companies, is thrilled to announce the launch of the B4ECarbon solution, marking a significant technological leap in emissions management within the energy industry.
  • Developed in collaboration with Enovate AI , this disruptive solution is poised to revolutionize how the energy sector approaches emissions tracking, reporting, and reduction.
  • B4ECarbon is the energy industry's first comprehensive emissions management solution, leveraging blockchain, artificial intelligence, and IoT systems.
  • “The launch of B4ECarbon marks a transformative moment for the energy sector, combining the power of blockchain, AI, and IoT to set new benchmarks in emissions management.

Omnia Midstream Selected by the DOE for Funding Delaware Basin CO2 Sequestration Hub

Retrieved on: 
Lundi, février 12, 2024
Oil, Gas, Alternative Energy, Energy, Other Energy, Utilities, Permian, Carbon, Carbon dioxide, Principal, Growth, University, Carbon capture and storage, CCS, Texas Tech University, Climate change, CO2, Electricity, Initiative, DOE, Laboratory, Research

Omnia Midstream Partners has been selected by the U.S. Department of Energy (DOE) to advance a large-scale carbon storage feasibility study in the Delaware Basin located in West Texas.

Key Points: 
  • Omnia Midstream Partners has been selected by the U.S. Department of Energy (DOE) to advance a large-scale carbon storage feasibility study in the Delaware Basin located in West Texas.
  • The PRCS Hub project will establish a network of CO2 emitters, CO2 pipelines, and Carbon Capture and Storage (CCS) solutions throughout the basin.
  • This funding will help us to complete that picture and provide a clear sequestration strategy for the basin.
  • Omnia plans to capture opportunities arising from the robust growth in Delaware Basin activities by engaging in targeted business development efforts with key basin operators.

Direct Air Capture Market worth $1,727 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mardi, février 6, 2024
Bioenergy, Market, Direct air capture, Superheater, Transport, Carbon sequestration, Carbon capture and storage, Climeworks, Commercial, CCS, CO2, Water, Region, Geothermal energy, Solvent, DAC, Heat pump, Capture, BECC

Based on technology, the Direct Air Capture Market has been split into solid-DAC (S-DAC), liquid-DAC, electrochemical-DAC and others.

Key Points: 
  • Based on technology, the Direct Air Capture Market has been split into solid-DAC (S-DAC), liquid-DAC, electrochemical-DAC and others.
  • This report segments the Direct Air Capture Market based on application into two segments: Carbon capture, and storage and Carbon capture, utilization, and storage.
  • Europe is expected to be the second largest Direct Air Capture Market during the forecast period.
  • The Direct Air Capture Market in Europe is primarily fueled by the significant supportive policies and ambitious climate goals.

Direct Air Capture Market worth $1,727 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mardi, février 6, 2024
Bioenergy, Market, Direct air capture, Superheater, Transport, Carbon sequestration, Carbon capture and storage, Climeworks, Commercial, CCS, CO2, Water, Region, Geothermal energy, Solvent, DAC, Heat pump, Capture, BECC

Based on technology, the Direct Air Capture Market has been split into solid-DAC (S-DAC), liquid-DAC, electrochemical-DAC and others.

Key Points: 
  • Based on technology, the Direct Air Capture Market has been split into solid-DAC (S-DAC), liquid-DAC, electrochemical-DAC and others.
  • This report segments the Direct Air Capture Market based on application into two segments: Carbon capture, and storage and Carbon capture, utilization, and storage.
  • Europe is expected to be the second largest Direct Air Capture Market during the forecast period.
  • The Direct Air Capture Market in Europe is primarily fueled by the significant supportive policies and ambitious climate goals.

NOV Reports Fourth Quarter and Full Year 2023 Earnings

Retrieved on: 
Jeudi, février 1, 2024
Energy, Other Energy, Oil, Gas, Carbon, Wind, DBS, NOV, Dehydration, Continental shelf, Excalibur, MWD, Safety, Telemetry, Corrosion, Acquisition, Seawater, Growth, IA Financial Group, Electronics, Eagle Ford, Dallas, ELS, MPD, CCS, Automation, CO2, NOVOS, IntelliServ, Carbon capture and storage, Adjustment, Completion, BPS, MEG, Thermal conductivity, Ethylene glycol, Video game

NOV Inc. (NYSE: NOV) today reported fourth quarter 2023 revenues of $2.34 billion, an increase of seven percent compared to the third quarter of 2023 and an increase of 13 percent compared to the fourth quarter of 2022.

Key Points: 
  • NOV Inc. (NYSE: NOV) today reported fourth quarter 2023 revenues of $2.34 billion, an increase of seven percent compared to the third quarter of 2023 and an increase of 13 percent compared to the fourth quarter of 2022.
  • Completion & Production Solutions generated revenues of $803 million in the fourth quarter of 2023, an increase of six percent from the third quarter of 2023 and an increase of nine percent from the fourth quarter of 2022.
  • Rig Technologies generated revenues of $766 million in the fourth quarter of 2023, an increase of 12 percent from the third quarter of 2023 and an increase of 24 percent from the fourth quarter of 2022.
  • NOV will hold a conference call to discuss its fourth quarter 2023 results on February 2, 2024 at 10:00 AM Central Time (11:00 AM Eastern Time).