Carbon capture and storage

Carbon Capture And Storage Global Market Report 2022: Increasing Concerns Regarding the Detrimental Effect of Carbon Emissions on the Environment Fueling Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 7, 2022
Environmental Health, Energy, Environment, Oil, Gas, Carbon, Shell, Power, Carbon capture and storage, Environment, Microbial contamination of diesel fuel, Partnership, Orangi Pilot Project, Ice, Endoscopy, Metal production in Ukraine, CO2, Construction, Industrial, CCS, Growth, Industrial processes, Cryotherapy, Carbon dioxide, Aker Solutions, USD, Equinor, Coal, Renewable energy

The global carbon capture and storage market size is expected to reach USD 5.35 Billion by 2030, according to a new report.

Key Points: 
  • The global carbon capture and storage market size is expected to reach USD 5.35 Billion by 2030, according to a new report.
  • Increasing concerns regarding the detrimental effect of carbon emissions on the environment have prompted the adoption of carbon capture and storage (CCS) technology.
  • Post-combustion carbon dioxide capture technology removes the diluted CO2 from the flue gases which are produced after the combustion of fossil fuels.
  • The project, known as The Northern Lights project, consists of a CO2 receiving terminal, an offshore pipeline, injection, and CO2 storage

Pertamina turns to nature-based solutions to balance climate, energy

Retrieved on: 
Friday, November 11, 2022
Carbon, Ecosystem, University, State, Acceleration, Cooper Research Technology, Vegetable oils as alternative energy, Innovation, CO2, Rubber industry in Malaysia, Pavilion, COP27, Solution, Climate change, Policy, Senior, Biodiversity, Ethanol, CCS, Carbon capture and storage, UNFCCC, ANTARA, Renewable energy, Natural gas, Seaweed, Millettia

JAKARTA, Nov 11, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina has prepared some strategies to balance climate resilience and energy security, which include the development of nature-based solutions.

Key Points: 
  • JAKARTA, Nov 11, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina has prepared some strategies to balance climate resilience and energy security, which include the development of nature-based solutions.
  • The decarbonization measures taken by the company have included pushing energy efficiency, zero-flare oil and gas activities, and carbon capture and utilization.
  • "Some other measures include increasing green electricity in Indonesia, building the electric vehicle ecosystem, and developing nature-based solutions," Muraza added.
  • However, synergy is needed between nature-based solutions and the energy sector, and both should go hand-in-hand.

Carbon Re raises £4.2m seed funding to tackle gigatonnes of emissions from the highly pollutive cement industry

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Monday, November 7, 2022
Carbon, Zero, Carbon capture and storage, Planet, CO2, Orangi Pilot Project, Time, Trace (linear algebra), Industry, AI, Deep learning, Investment, Steel, CEO, Environment, Glass, Technology, Climate change, VC, General partnership, Renewable energy, Cement, European, C1

LONDON, Nov. 7, 2022 /PRNewswire/ -- Carbon Re, a climate tech company building state-of-the-art AI to decarbonize energy-intensive industries, has raised £4.2 million seed funding to scale up development and deployment of its novel technology. Their Delta Zero AI platform enables the highly pollutive cement industry to reduce over 50 kilotonnes of annual CO2 emissions per plant. Each installation of the software saves as much CO2 as taking 11,000 cars off the road.

Key Points: 
  • Their Delta Zero AI platform enables the highly pollutive cement industry to reduce over 50 kilotonnes of annual CO2 emissions per plant.
  • Carbon Re's platform, in contrast, is already reducing emissions today, cuts the cost of production, and requires no new equipment.
  • This latest funding round will enable us to accelerate our mission to reduce carbon emissions by gigatonnes every year."
  • Carbon Re is on a mission to reduce carbon emissions by gigatonnes every year through the use of AI technology.

Long list achievement of PLN enabling energy transition in Indonesia

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Wednesday, November 2, 2022
Zero, Carbon, Energi, Corporation, CCS, Silent Scope 2, A Better Life, Retirement, Energy transition, GW, EnergySolutions, Coal, Better Life, Inpex, Government, Hydrogen, Efficiency, Conference, Transformation, Carbon capture and storage, Electricity, ITB, Sustainable energy, Ecosystem, Ammonia, Plant, PT PLN, Institute, Google, Biomass, EV, PT, CO2, Smart grid, App Store (iOS/iPadOS), PLN, CFPP, REC, NRE, Renewable energy

PLN prepared to lead energy transition in Indonesia by presenting roadmap towards Net Zero Emission 2060.

Key Points: 
  • PLN prepared to lead energy transition in Indonesia by presenting roadmap towards Net Zero Emission 2060.
  • In addition to early retirement, PLN has decreased the capacity of CFPP at Corporate plan (RUPTL) from 27 GW to 13.9 GW.
  • "Us, in PLN committed to support government's program to actualized clean energy.
  • Since 2021, PLN has delivered ~1.5 TWh of green energy to +230 stakeholders such as SOEs, Government, Business, and Industry players.

Jonathan Grammer to Speak on Carbon Capture to Texas Land & Mineral Owners on Nov. 18 in Austin

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Tuesday, November 1, 2022
Carbon, Goal, CEO, Carbon capture and storage, Grammer, Geology, Safety, Railroad Commission of Texas, United States Environmental Protection Agency, Production, Facilities engineering, Massachusetts v. Environmental Protection Agency, Reservoir engineering, Class, Grave, Oil

Carbon Capture, will present on the issue of Carbon Capture and Storage to Texas land and mineral rights owners November the 18th in Austin, Texas.

Key Points: 
  • Carbon Capture, will present on the issue of Carbon Capture and Storage to Texas land and mineral rights owners November the 18th in Austin, Texas.
  • The presentation will be part of the 7th Annual Land and Mineral Owner's Symposium hosted by Austin law firm Graves, Dougherty, Hearon & Moody.
  • This moves the State of Texas closer to a state wide and commercially viable deployment of carbon capture and sequestration.
  • As such, it is a leading law firm in the State of Texas for representation of land and mineral owners.

DNV qualifies Aker Carbon Capture's Just Catch Offshore™: ready to cut emissions from oil and gas production

Retrieved on: 
Tuesday, October 25, 2022
Carbon, Hydrogen, PFS, FEED, FPSO, Deep Decarbonization Pathways Project, FLNG, DNV, EPC, Technology, Energy, Carbon capture and storage, Industry, CCS, Media relations, Environment, Statistics Norway, Weather, CO2, Renewable energy, Natural gas

It is now ready to be deployed in offshore oil and gas fields where Aker Carbon Capture's proprietary solution can significantly reduce emissions from offshore power generation.

Key Points: 
  • It is now ready to be deployed in offshore oil and gas fields where Aker Carbon Capture's proprietary solution can significantly reduce emissions from offshore power generation.
  • DNV has validated that Aker Carbon Capture's modular technology Just Catch Offshore can capture CO2 from flue gas stemming from turbines on floating offshore installations," said Jrg Aarnes, Global Lead, Hydrogen and CCS, Energy Systems at DNV.
  • Oil and gas production is a significant source of CO2 emissions.
  • CCS will be an important tool to help decarbonize the oil & gas industry, reducing emissions from gas turbines.

DNV qualifies Aker Carbon Capture's Just Catch Offshore™: ready to cut emissions from oil and gas production

Retrieved on: 
Tuesday, October 25, 2022
Carbon, Hydrogen, PFS, FEED, FPSO, Deep Decarbonization Pathways Project, FLNG, DNV, EPC, Technology, Energy, Carbon capture and storage, Industry, CCS, Media relations, Environment, Statistics Norway, Weather, CO2, Renewable energy, Natural gas

It is now ready to be deployed in offshore oil and gas fields where Aker Carbon Capture's proprietary solution can significantly reduce emissions from offshore power generation.

Key Points: 
  • It is now ready to be deployed in offshore oil and gas fields where Aker Carbon Capture's proprietary solution can significantly reduce emissions from offshore power generation.
  • DNV has validated that Aker Carbon Capture's modular technology Just Catch Offshore can capture CO2 from flue gas stemming from turbines on floating offshore installations," said Jrg Aarnes, Global Lead, Hydrogen and CCS, Energy Systems at DNV.
  • Oil and gas production is a significant source of CO2 emissions.
  • CCS will be an important tool to help decarbonize the oil & gas industry, reducing emissions from gas turbines.

GC Moves Toward Net Zero Target by Venture Capital Investment in ECONIC, Developer of Catalyst Technologies for Carbon-to-Value Creation for Sustainable Polymer Production

Retrieved on: 
Friday, September 9, 2022
Carbon, Zero, Sustainability, Technology, Recycling, Paris Agreement, Chemistry, Polymer, Achievement, Solution, Carbon capture and storage, CCU, Paris, Quality of life, Goal, Adhesive, PTT Global Chemical, CCS, GC, Carbon capture and utilization, Growth, Environment, Efficiency, Renewable energy, Mercedes-Benz Econic

This investment moves GC toward to state of art technology and innovation business for the future.

Key Points: 
  • This investment moves GC toward to state of art technology and innovation business for the future.
  • Recently, GC jointly invested in ECONIC, developer of catalyst technologies for carbon-to-value creation for sustainable polymer production from CO2with its advanced Carbon Capture and Utilization (CCU) innovation which will support GC to achieve the Net Zero target by 2050.
  • All of these are important factors that will allow GC to achieve our ambitious target of becoming a Net Zero company.
  • Aligned with the Paris Agreement, GC Group aims to reduce current greenhouse gas emissions for 20 percent by 2030 on our journey towards achieving Net Zero by 2050.

GC Moves Toward Net Zero Target by Venture Capital Investment in ECONIC, Developer of Catalyst Technologies for Carbon-to-Value Creation for Sustainable Polymer Production

Retrieved on: 
Friday, September 9, 2022
Carbon, Zero, Sustainability, Technology, Recycling, Paris Agreement, Chemistry, Polymer, Achievement, Solution, Carbon capture and storage, CCU, Paris, Quality of life, Goal, Multimedia, Adhesive, PTT Global Chemical, CCS, GC, Carbon capture and utilization, Growth, Environment, Efficiency, Renewable energy, Mercedes-Benz Econic

This investment moves GC toward to state of art technology and innovation business for the future.

Key Points: 
  • This investment moves GC toward to state of art technology and innovation business for the future.
  • Recently, GC jointly invested in ECONIC, developer of catalyst technologies for carbon-to-value creation for sustainable polymer production from CO2with its advanced Carbon Capture and Utilization (CCU) innovation which will support GC to achieve the Net Zero target by 2050.
  • All of these are important factors that will allow GC to achieve our ambitious target of becoming a Net Zero company.
  • Aligned with the Paris Agreement, GC Group aims to reduce current greenhouse gas emissions for 20 percent by 2030 on our journey towards achieving Net Zero by 2050.

EIG to Acquire 25% Of Repsol’s Entire Global Upstream Business in New Partnership

Retrieved on: 
Wednesday, September 7, 2022
Environment, Alternative Vehicles, Fuels, Finance, Automotive, Oil, Gas, Professional Services, Alternative Energy, Green Technology, Energy, Carbon, Partnership, Workforce, CEO, Lazard, Insurance, Time, Carbon capture and storage, IPO, Latham & Watkins, J. P. Morgan, Leadership, Board of directors, Foundation, ESG, CCS, EIG, Growth, Industry, Efficiency, GHG, Renewable energy, Oil, Repsol

EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into a definitive agreement with Repsol S.A. (Repsol) to acquire a 25% stake in Repsol Upstream, a newly-formed global exploration & production (E&P) company comprising Repsols entire global upstream oil and gas business.

Key Points: 
  • EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into a definitive agreement with Repsol S.A. (Repsol) to acquire a 25% stake in Repsol Upstream, a newly-formed global exploration & production (E&P) company comprising Repsols entire global upstream oil and gas business.
  • Repsol Upstream is a leading, gas-weighted global E&P company that will own and operate Repsols globally diversified portfolio of upstream assets, delivering cash generative and resilient operations around key regional hubs, with a focus on the United States.
  • Repsol Upstream also holds contingent resources of 3.8 billion barrels equivalent as at the same date.
  • The company also has a green exploration business targeting Carbon Capture and Storage (CCS), geothermal and hydrogen storage projects.