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Carbon Management

The downstream rundown: In case you missed it 09/09

In case you missed any downstream news, here are the top stories from last week.

Spain's Repsol sells 25% of oil and gas unit to EIG for $4.8 B

Repsol is selling a 25% stake in its oil and gas exploration division to U.S. fund EIG for $4.8 B, building up a warchest for renewables projects as the energy industry moves to a lower-carbon future.

BASF and Samsung Heavy Industries collaborate on CCS onboard maritime vessels

BASF and Samsung Heavy Industries Co., Ltd. will carry out a collaborative feasibility assessment of capturing CO2 onboard maritime vessels using BASF’s OASE blue technology for flue gas applications.

Chevron New Energies, Crowley lead first close of Series A funding round for Zero Emissions Industries

The new funds are expected to enable ZEI to roll out their next generation fully integrated marine power system and scale quickly to meet the demand within the maritime industry for their zero emission propulsion solutions.

Imperial advances renewable diesel plans, awards hydrogen contract to Air Products

Imperial announced a long-term contract with Air Products to supply low-carbon hydrogen for Imperial’s proposed renewable diesel complex at its Strathcona refinery near Edmonton, Alberta.

Lummus accelerates CO2 reduction goals through air preheater innovation

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced major advancements to the Lummus External Air Preheater (LEAP) technology.

DORIS and Axens signed a MoU for CCUS services

DORIS and Axens have entered in a partnership to jointly develop integrated CCUS services. The main objective of this collaboration is to provide consulting, engineering and EPCm services for CCUS projects based on Axens technologies.

Tecam wins three new environmental technology projects for gas emissions treatment in The Netherlands

Tecam announced that it has been awarded three new projects for the removal of gases emissions derived from the venting processes generated at very relevant and technically leader industrial sectors in central Europe.

P2X-Europe launches SynZero for synthesis-based specialty chemical products and e-fuels

P2X-Europe, the joint venture between H&R and Mabanaft, launches SynZero, its new brand for synthesis-based specialty chemical products and e-fuels with sustainability standards surpassing legal and regulatory requirements.

New tech accelerator launched to reduce maritime methane emissions

A coalition of shipping leaders is launching today to identify, accelerate and advocate technology solutions for the maritime industry to measure and manage methane emissions activity.