Low Carbon Innovation Centre

TYCROP INNOVATES HYDROGEN-POWERED INDUSTRIAL EQUIPMENT

Retrieved on: 
Monday, June 5, 2023
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With a longstanding commitment to environmental sustainability, TYCROP aims to revolutionize industry by introducing innovative hydrogen-electric power solutions.

Key Points: 
  • With a longstanding commitment to environmental sustainability, TYCROP aims to revolutionize industry by introducing innovative hydrogen-electric power solutions.
  • Headquartered in Chilliwack, BC, TYCROP operates in four strategic locations supported by a growing workforce of 700 skilled professionals in Canada and the United States.
  • By embracing this philosophy, the company has cultivated a team of experts dedicated to accelerating the transition to lower emissions and higher performance technologies in the industrial equipment sector.
  • TYCROP is steadfast in its commitment to revolutionizing the industrial equipment manufacturing landscape with hydrogen-powered solutions.

Benchmark Advances Its Gold-Silver Project with Enhanced Environmental and Engineering Programs

Retrieved on: 
Friday, February 10, 2023
Benchmark, Carbon, Lawyer, Engineering, Feasibility study, Artificial intelligence, Low Carbon Innovation Centre, Hydrology, Partnership, Andaman and Nicobar Environmental Team, Data collection, Exploration Team, WRSF, Resource, Devprayag Institute of Technical Studies, Aquatics, WKN, Figure, Mining, Machine learning, Ministry of Energy, Mines and Environment (Morocco), EA, Ministry, Arab Center for Consultancy & Economic Studies, Noise, Maptek, Juba Initiative Project, Project, Exploration, Mineral resource estimation, Multi-year rate plan, Meteorology, Environmental impact assessment, JDS, TSF, PEA, Resource management, Oil, Surveying, Risk management, Aquaculture, Golden Horseshoe

Work programs have advanced in-field engineering work at a level that is suitable towards a Feasibility Study.

Key Points: 
  • Work programs have advanced in-field engineering work at a level that is suitable towards a Feasibility Study.
  • Baseline Environmental Programs are near suitability and completion level for an Environmental Assessment (EA) submission.
  • The Project is delivering clean environmental results, including non-acid generating mineralization and waste rock.
  • Building upon the Lawyers Project PEA, released Q4 of 2022, the Engineering Team initiated a series of PEA optimization studies to evaluate Project opportunities.

Aben Resources Provides a Year End Update on Corporate Actions and Planning for 2023

Retrieved on: 
Thursday, December 15, 2022
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The management and directors of Aben have been busy finalizing a corporate and fiscal plan in terms of resource allocation on their diversified mineral assets going forward.

Key Points: 
  • The management and directors of Aben have been busy finalizing a corporate and fiscal plan in terms of resource allocation on their diversified mineral assets going forward.
  • Aben also holds a basket of gold-focused projects in BC (Forrest Kerr), Yukon (Justin) and Ontario (Pringle North).
  • Aben Resources is a diversified Canadian gold and graphite exploration company with exploration projects in British Columbia, Ontario, and the Yukon Territory.
  • For further information on Aben Resources Ltd. (TSX-V: ABN ), visit our Company’s website at www.aben resources.

Oxy Low Carbon Ventures and Natural Resource Partners L.P. Enter into CO2 Sequestration Agreement

Retrieved on: 
Thursday, October 27, 2022
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HOUSTON, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Occidentals (NYSE: OXY) Low Carbon Ventures (OLCV) subsidiary and Natural Resource Partners L.P.(NYSE: NRP) (NRP), today announced the execution of an agreement for the evaluation and potential development of a permanent carbon dioxide (CO2) sequestration hub located in southeast Texas.

Key Points: 
  • HOUSTON, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Occidentals (NYSE: OXY) Low Carbon Ventures (OLCV) subsidiary and Natural Resource Partners L.P.(NYSE: NRP) (NRP), today announced the execution of an agreement for the evaluation and potential development of a permanent carbon dioxide (CO2) sequestration hub located in southeast Texas.
  • The agreement provides OLCV with the exclusive rights to develop a CO2 sequestration hub on approximately 65,000 acres of pore space controlled by NRP.
  • We look forward to working with Natural Resource Partners L.P. as we advance our sequestration hubs that will provide industrial emitters with an economic and practical solution to capture and securely store CO2, said Dr. Doug Conquest, Vice President, Oxy Low Carbon Ventures.
  • We continue to evaluate carbon sequestration opportunities on the approximately 3.3 million acres of additional carbon sequestration rights we own across the Gulf Coast.

Natural Resource Partners L.P. and Oxy Low Carbon Ventures Enter into CO2 Sequestration Agreement

Retrieved on: 
Thursday, October 27, 2022
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Natural Resource Partners L.P. (NYSE: NRP) (NRP) and Occidentals (NYSE: OXY) Low Carbon Ventures (OLCV) subsidiary, today announced the execution of an agreement for the evaluation and potential development of a permanent carbon dioxide (CO2) sequestration hub located in southeast Texas.

Key Points: 
  • Natural Resource Partners L.P. (NYSE: NRP) (NRP) and Occidentals (NYSE: OXY) Low Carbon Ventures (OLCV) subsidiary, today announced the execution of an agreement for the evaluation and potential development of a permanent carbon dioxide (CO2) sequestration hub located in southeast Texas.
  • We continue to evaluate carbon sequestration opportunities on the approximately 3.3 million acres of additional carbon sequestration rights we own across the Gulf Coast.
  • We look forward to working with Natural Resource Partners L.P. as we advance our sequestration hubs that will provide industrial emitters with an economic and practical solution to capture and securely store CO2, said Dr. Doug Conquest, Vice President, Oxy Low Carbon Ventures.
  • Oxy Low Carbon Ventures, LLC (OLCV) is a subsidiary of Occidental (Oxy), an international energy company with assets primarily in the United States, the Middle East and North Africa.

Occidental, 1PointFive to Begin Construction of World’s Largest Direct Air Capture Plant in the Texas Permian Basin

Retrieved on: 
Thursday, August 25, 2022
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1PointFive partnered with Carbon Engineering, a climate solutions company, to commercialize and deploy DAC technology at scale.

Key Points: 
  • 1PointFive partnered with Carbon Engineering, a climate solutions company, to commercialize and deploy DAC technology at scale.
  • 1PointFive and Carbon Engineering continue to progress innovation workstreams to improve the DAC technology at the Innovation Centre.
  • The focus is on carbon capture and energy efficiency, as well as operating cost improvements during the life of the plant.
  • In collaboration with our partners at 1PointFive and Oxy, today marks a pivotal moment in the deployment of Carbon Engineerings large-scale Direct Air Capture solutions.

1PointFive and Manulife Investment Management announce lease agreement for a carbon capture and sequestration project in Louisiana

Retrieved on: 
Monday, June 27, 2022
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The lease agreement is a pivotal step in 1PointFives strategic vision to develop carbon capture and sequestration hubs, some of which are expected to be anchored by Direct Air Capture (DAC) facilities.

Key Points: 
  • The lease agreement is a pivotal step in 1PointFives strategic vision to develop carbon capture and sequestration hubs, some of which are expected to be anchored by Direct Air Capture (DAC) facilities.
  • 1PointFive would also like to recognize New Dawn Energy, which is a Manulife land lease partner, and has been cooperative and supportive of the project.
  • 1PointFive and Manulife Investment Management are also exploring other locations and projects throughout the region and country with the potential to add additional acreage for carbon removal and sequestration.
  • Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation.

Enterprise and Oxy Low Carbon Ventures Sign Letter of Intent for Gulf Coast CO2 Transportation and Sequestration Project

Retrieved on: 
Monday, April 25, 2022
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Enterprise Products Operating LLC (Enterprise), a subsidiary of Enterprise Products Partners L.P. (NYSE: EPD), and Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental (NYSE: OXY), today announced they have executed a letter of intent to work toward a potential carbon dioxide (CO2) transportation and sequestration solution for the Texas Gulf Coast.

Key Points: 
  • Enterprise Products Operating LLC (Enterprise), a subsidiary of Enterprise Products Partners L.P. (NYSE: EPD), and Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental (NYSE: OXY), today announced they have executed a letter of intent to work toward a potential carbon dioxide (CO2) transportation and sequestration solution for the Texas Gulf Coast.
  • The initiative would combine Enterprises leadership position in the midstream energy sector with OLCVs extensive experience in subsurface characterization and CO2 sequestration.
  • View the full release here: https://www.businesswire.com/news/home/20220425005930/en/
    Enterprise would develop the CO2 aggregation and transportation network utilizing a combination of new and existing pipelines along its expansive Gulf Coast footprint.
  • Oxy Low Carbon Ventures (OLCV) is a subsidiary of Occidental (Oxy), an international energy company with assets primarily in the United States, the Middle East and North Africa.

Oxy Low Carbon Ventures and Weyerhaeuser reach lease agreement for a carbon capture and sequestration project in Louisiana

Retrieved on: 
Monday, March 28, 2022
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HOUSTON, March 28, 2022 (GLOBE NEWSWIRE) -- Occidental's (NYSE: OXY) Oxy Low Carbon Ventures (OLCV) subsidiary and Weyerhaeuser Company (NYSE: WY) today announced an agreement for the evaluation and potential development of a carbon capture and sequestration project in Livingston Parish, Louisiana.

Key Points: 
  • HOUSTON, March 28, 2022 (GLOBE NEWSWIRE) -- Occidental's (NYSE: OXY) Oxy Low Carbon Ventures (OLCV) subsidiary and Weyerhaeuser Company (NYSE: WY) today announced an agreement for the evaluation and potential development of a carbon capture and sequestration project in Livingston Parish, Louisiana.
  • The lease agreement provides OLCV with exclusive rights to develop and operate a carbon sequestration hub on more than 30,000 acres of subsurface pore space controlled by Weyerhaeuser.
  • Were excited to work with Weyerhaeuser to grow this side of our business and help reduce carbon emissions.
  • OLCV also invests in the development of low-carbon fuels and products, as well as sequestration services to support carbon capture projects globally.

Turning Carbon Dioxide into Sustainable Fuel: United and Oxy Low Carbon Ventures Announce Collaboration with Biotech Firm to Create New Fuel Sources

Retrieved on: 
Tuesday, March 29, 2022
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CHICAGO and HOUSTON, March 29, 2022 /PRNewswire/ -- United Airlines Ventures (UAV) and Oxy Low Carbon Ventures (OLCV) today announced a collaboration with Houston-based biotech firm Cemvita Factory to commercialize the production of sustainable aviation fuel (SAF) intended to be developed through a revolutionary new process using carbon dioxide (CO2) and synthetic microbes. UAV also announced an equity investment in Cemvita Factory. OLCV, a subsidiary of Occidental (Oxy), is a founding investor in Cemvita Factory.

Key Points: 
  • "This is truly a global imperative, and this cooperation with Oxy Low Carbon Ventures reflects our dedication to building relationships across sectors and working with companies aligned with our sustainability goals."
  • Together, UAV and OLCV will fund development work at Cemvita to convert carbon dioxide into hydrocarbons for SAF.
  • Cemvita Factory uses synthetic biology to turn carbon dioxide into chemicals and alternative fuels, including sustainable aviation fuel.
  • Cemvita Factory, Inc, is on a mission to create a sustainable future by transforming carbon dioxide into value-added products.