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MHI and Worley Awarded FEED Contract for UK's First CO2 Capture Plant at a Cement Production Facility

Retrieved on: 
Tuesday, February 6, 2024

- It will capture and store up to 800,000 tons of CO2 annually from the cement plant flue gas by applying proprietary CO2 capture technology.

Key Points: 
  • - It will capture and store up to 800,000 tons of CO2 annually from the cement plant flue gas by applying proprietary CO2 capture technology.
  • This contract has been awarded in accordance with the progress made by the Padeswood CCS (carbon capture and storage) project planned for the site.
  • MHI was selected after working on the initial competitive Pre-FEED* project study awarded in 2022.
  • The CO2 capture plant could start operation in 2028.

Nion Nickel Appoints Chief Operating Officer at Dumont Nickel Project

Retrieved on: 
Tuesday, February 6, 2024

TORONTO, Feb. 6, 2024 /CNW/ - Nion Nickel Inc. ("Nion"), a company managed by Kinterra Capital ("Kinterra"), a Toronto-based private equity firm, today announced that it has appointed François Vézina as Chief Operating Officer of Nion's Dumont Nickel Project ("Dumont"), effective March 4.

Key Points: 
  • TORONTO, Feb. 6, 2024 /CNW/ - Nion Nickel Inc. ("Nion"), a company managed by Kinterra Capital ("Kinterra"), a Toronto-based private equity firm, today announced that it has appointed François Vézina as Chief Operating Officer of Nion's Dumont Nickel Project ("Dumont"), effective March 4.
  • Dumont is located in the mining-supportive Province of Quebec, Canada, and is one of the largest undeveloped fully-permitted nickel sulphide deposits in the world.
  • "I am thrilled to welcome François to the Nion team," said Johnna Muinonen, President, Dumont Nickel.
  • "I am very pleased to be joining the Nion team to advance the Dumont project," said Vézina.

Standard Lithium Advances South West Arkansas Project: Definitive Feasibility Study and Front-End Engineering Design Firm Chosen

Retrieved on: 
Wednesday, January 24, 2024

VANCOUVER, British Columbia, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today announced the selection of Ausenco Engineering Canada ULC (“Ausenco”) to complete the Definitive Feasibility Study (“DFS”) and Front-End Engineering and Design (“FEED”) services for the South West Arkansas (“SWA”) Project.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today announced the selection of Ausenco Engineering Canada ULC (“Ausenco”) to complete the Definitive Feasibility Study (“DFS”) and Front-End Engineering and Design (“FEED”) services for the South West Arkansas (“SWA”) Project.
  • “We are focused on progressing our project portfolio,” said Andy Robinson, President and Chief Operating Officer of Standard Lithium.
  • “Despite recent headwinds in the global lithium macroeconomic environment, our projects remain very attractive.
  • Based on our Preliminary Feasability Study (‘PFS’) results, the SWA Project is expected to sit at the lower end of the cost curve in comparison to other lithium projects.

NET Power Reports Third Quarter 2023 Results and Provides Business Update

Retrieved on: 
Tuesday, November 14, 2023

NET Power Inc. (NYSE: NPWR) (“NET Power” or the “Company”) today reported results for the third quarter of 2023.

Key Points: 
  • NET Power Inc. (NYSE: NPWR) (“NET Power” or the “Company”) today reported results for the third quarter of 2023.
  • Danny Rice, Chief Executive Officer of NET Power, commented, “We continue to make good progress on all three pillars of our previously outlined corporate strategy.
  • Capitalized expenditures associated with ongoing development of Project Permian totaled $2.5 million in the third quarter of 2023.
  • NET Power will host a conference call to discuss third quarter 2023 financial results beginning at 8:30 AM ET on Tuesday, November 14.

Verde Clean Fuels, Inc. Reports Third Quarter 2023 Earnings

Retrieved on: 
Monday, November 13, 2023

Verde Clean Fuels, Inc. (“Verde”) (Nasdaq: VGAS), a company focused on becoming leading supplier of gasoline and other fuels derived from renewable feedstocks or natural gas, today reported third quarter 2023 GAAP diluted loss per share of $(0.13).

Key Points: 
  • Verde Clean Fuels, Inc. (“Verde”) (Nasdaq: VGAS), a company focused on becoming leading supplier of gasoline and other fuels derived from renewable feedstocks or natural gas, today reported third quarter 2023 GAAP diluted loss per share of $(0.13).
  • Verde has entered into a Master Services Agreement (MSA) with Anacapa Engineering and Design to support Verde through the California permitting process and the accompanying Environmental Impact Report for our Elk Hills Project.
  • Verde has commenced the selection process for FEED/EPC services for the Verde – Cottonmouth Ventures plant in the Permian Basin.
  • Verde expects to enter into a FEED contract upon the completion of its Joint Development Agreement with Cottonmouth Ventures.

SBM Offshore awarded FEED contracts for Whiptail project in Guyana

Retrieved on: 
Friday, October 13, 2023

SBM Offshore is pleased to announce it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Whiptail development project in Guyana.

Key Points: 
  • SBM Offshore is pleased to announce it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Whiptail development project in Guyana.
  • Following FEED and subject to government approvals in Guyana of the development plan, project sanction including final investment decision by ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, to release the second phase of work, SBM Offshore will construct and install the FPSO.
  • The FEED contract award triggers the initial release of funds by ExxonMobil Guyana Limited to begin FEED activities, and commits a Fast4Ward® hull for the execution of the Whiptail development project in Guyana.
  • Bruno Chabas, SBM Offshore’s Chief Executive Officer:
    “We are proud to announce ExxonMobil Guyana has awarded the contracts for a fifth FPSO from SBM Offshore in Guyana.

Arcadia eFuels Taps Plug Power for 280 MW Electrolyzer System

Retrieved on: 
Wednesday, October 11, 2023

LATHAM, N.Y., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Arcadia eFuels has selected Plug Power Inc. (NASDAQ: PLUG), a comprehensive provider of turnkey hydrogen solutions for the global green hydrogen economy, to provide a 280 MW (megawatt) proton exchange membrane (PEM) electrolyzer system to Arcadia’s Vordingborg plant for the production of sustainable aviation fuel (SAF).

Key Points: 
  • LATHAM, N.Y., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Arcadia eFuels has selected Plug Power Inc. (NASDAQ: PLUG), a comprehensive provider of turnkey hydrogen solutions for the global green hydrogen economy, to provide a 280 MW (megawatt) proton exchange membrane (PEM) electrolyzer system to Arcadia’s Vordingborg plant for the production of sustainable aviation fuel (SAF).
  • Arcadia eFuels CEO Amy Hebert and Plug CEO Andy Marsh held a ceremony commemorating the deal at Plug’s annual Symposium.
  • Arcadia eFuels has commenced a Front-End Engineering and Design (FEED) study to support a Final Investment Decision (FID) and move the project to execution phase, expected by mid-2024.
  • Arcadia eFuels projects a commercial operation date towards the end of 2026.

Carbon Centric and Fidelis New Energy enter into letter of intent for onshore CO2 storage

Retrieved on: 
Wednesday, August 30, 2023

COPENHAGEN, Denmark, Aug. 30, 2023 /PRNewswire/ -- Carbon Centric AS ("Carbon Centric") and Fidelis New Energy Europe ApS ("Fidelis") have signed a letter of intent to safely and permanently store CO2 emissions of Carbon Centric's clients', utilizing Fidelis' recently announced Norne Carbon Storage Hub ("Norne") in Denmark.

Key Points: 
  • COPENHAGEN, Denmark, Aug. 30, 2023 /PRNewswire/ -- Carbon Centric AS ("Carbon Centric") and Fidelis New Energy Europe ApS ("Fidelis") have signed a letter of intent to safely and permanently store CO2 emissions of Carbon Centric's clients', utilizing Fidelis' recently announced Norne Carbon Storage Hub ("Norne") in Denmark.
  • The CO2 from Carbon Centric will be transported to Fidelis' CO2 reception facility at the Port of Aalborg.
  • On May 15th 2023, Fidelis announced the Norne Carbon Storage Hub, an onshore CO2 storage network in Denmark.
  • Carbon Centric joins a growing list of Norne customers seeking carbon storage that is safe, ESG-friendly, and economically advantaged.

Carbon Centric and Fidelis New Energy enter into letter of intent for onshore CO2 storage

Retrieved on: 
Wednesday, August 30, 2023

COPENHAGEN, Denmark, Aug. 30, 2023 /PRNewswire/ -- Carbon Centric AS ("Carbon Centric") and Fidelis New Energy Europe ApS ("Fidelis") have signed a letter of intent to safely and permanently store CO2 emissions of Carbon Centric's clients', utilizing Fidelis' recently announced Norne Carbon Storage Hub ("Norne") in Denmark.

Key Points: 
  • COPENHAGEN, Denmark, Aug. 30, 2023 /PRNewswire/ -- Carbon Centric AS ("Carbon Centric") and Fidelis New Energy Europe ApS ("Fidelis") have signed a letter of intent to safely and permanently store CO2 emissions of Carbon Centric's clients', utilizing Fidelis' recently announced Norne Carbon Storage Hub ("Norne") in Denmark.
  • The CO2 from Carbon Centric will be transported to Fidelis' CO2 reception facility at the Port of Aalborg.
  • On May 15th 2023, Fidelis announced the Norne Carbon Storage Hub, an onshore CO2 storage network in Denmark.
  • Carbon Centric joins a growing list of Norne customers seeking carbon storage that is safe, ESG-friendly, and economically advantaged.

Euro Manganese Reports Third Fiscal Quarter 2023 Financial Results and Project Developments

Retrieved on: 
Monday, August 14, 2023

The Company has now filed its June 30, 2023 Third Fiscal Quarter Financial Statements and Management’s Discussion and Analysis.

Key Points: 
  • The Company has now filed its June 30, 2023 Third Fiscal Quarter Financial Statements and Management’s Discussion and Analysis.
  • Euro Manganese reports to a fiscal year-end of September 30.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “We continued to advance the Chvaletice Manganese Project during the third fiscal quarter and to date.
  • Developments at our Bécancour Project subsequent to the quarter make this opportunity increasingly attractive for the Company and its stakeholders.