Carbon Management
bp abandons goal to cut oil output, resets strategy
bp has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence.
BASF, Evonik agree on deliveries of biomass-based ammonia with reduced carbon footprint
BASF and Evonik have agreed on the first delivery of BASF’s ammonia BMBcert grade. Thereby, both chemical companies demonstrate their commitment to offer products with a reduced product carbon footprint. With its ammonia BMBcert, BASF delivers to Evonik a product whose PCF is at least 65% lower than the standard product.
Trammo, Elengy sign MoU for low-carbon ammonia import terminal in France
The project involves the redevelopment of part of Elengy’s Fos Tonkin LNG terminal site into a low-carbon ammonia import terminal, including the construction of a 30,000-m3 ammonia storage tank. The new terminal will be capable of receiving 200,000 metric tpy of low-carbon ammonia.
GAIL, AM Green sign MoU for jointly developing renewable energy and green chemical projects
GAIL (India) Limited and AM Green B.V. signed a Memorandum of Understanding (MoU) to focus on the long-term supply of carbon dioxide for eMethanol production and the exploration of hybrid renewable energy project across India.
Neste strengthens chemical recycling logistics infrastructure in Europe with Tepsa Netherlands
Neste enhances its chemical recycling capabilities by collaborating with Tepsa Netherlands on the storage and handling of liquefied waste plastic in Rotterdam, the Netherlands.
Czechs seek partners to challenge EU's CO2 goals for car sector
The Czech Republic will seek European Union partners to help it contend with tougher EU carbon dioxide (CO2) emissions rules next year.
INNIO Group welcomes strategic partnership between Heaten and AI Alpine
The INNIO Group welcomes the acquisition of the Norwegian industrial heat pump manufacturer Heaten AS by its parent company AI Alpine (Luxembourg) S.à r.l. This strategic partnership brings significant synergies to the energy industry, enabling customers to generate carbon dioxide (CO2)-free heat from waste heat.
BCCK and Carbon Clean sign agreement to deliver carbon capture solutions across U.S.
BCCK and Carbon Clean will collaborate to provide Carbon Clean’s semi-modular CaptureX technology to customers across the U.S.
Mitsubishi Heavy Industries delivers CO2 product compressor package for ExxonMobil’s Wyoming CCS project
Mitsubishi Heavy Industries Compressor International Corp. (MCO-I), a leader in the design and manufacturing of compressors, steam turbines and associated auxiliaries, has announced the successful delivery of a state-of-the-art carbon dioxide (CO2) product compressor package for ExxonMobil’s carbon capture and storage (CCS) expansion project in LaBarge, Wyoming.
IEA: Hydrogen project investments are accelerating but uncertainty remains
Final investment decisions (FIDs) for hydrogen (H2) projects have doubled over the last 12 months, dominated by China, but installed capacity and demand are low as the industry faces uncertainty.
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
