Environment
Monetizing carbon capture, transport and storage
At the time of this publication, Gulf Energy Information’s Global Energy Infrastructure (GEI) database was tracking more than 440 active carbon capture projects around the world. These projects include carbon capture projects, hubs and storage facilities. An alternative market for the captured carbon and subsequent credits are the commitments by companies to reduce overall emissions, or even achieve net-zero operations. Such a company may choose to purchase CO2 removal credits to offset their emissions. These credits can be generated and sold by capturing emitted carbon and permanent sequestration. For either system to work, a digital trail must be accurate for companies to buy and sell carbon, as explained in this work.
Mabanaft to convert tanks at the Port of Hamburg to methanol storage
Mabanaft plans to convert four of its tanks at the Blumensand tank terminal in the Port of Hamburg over the next two years to methanol and facilitate the import of low-carbon methanol to northern Germany.
Nizhnekamskneftekhim receives first ton of ethylene at new EP-600 plant in Russia
PJSC Nizhnekamskneftekhim, part of SIBUR petrochemical holding, has received the first ton of the monomer as part of commissioning work at the new EP-600 ethylene plant, and plans to bring it to design capacity by the end of 2025.
CVR Energy says fire extinguished at Coffeyville, Kansas (U.S.) refinery
CVR Energy said a fire that broke out in the naphtha hydrotreater unit at a Coffeyville, Kansas refinery operated by a subsidiary has been extinguished.
Italy, Saudi Arabia sign energy cooperation agreement, including low-carbon hydrogen, ammonia and CCS
The cooperation focuses on renewable energy, reducing methane emissions, power interconnections, renewable and low-emissions hydrogen and ammonia, and carbon capture and storage systems
Online Exclusive: Trump Administration must state its position on climate and energy
In a speech to announce the U.S.’s Fifth Climate Assessment on Nov. 14, 2023—a report that was compiled by more than 700 climate scientists and thousands of contributors— President Joe Biden stated that the greatest existential threat to the U.S. and humanity is the “climate crisis.”
Lummus partners with Versalis (Eni) on licensing phenolics technologies
Lummus Technology and Versalis, Eni's chemical company, announced a strategic partnership to license all of Versalis' technologies in the phenolics value chain.
Thai cabinet approves collection of carbon tax
Thailand's cabinet agreed to levy a carbon tax of 200 baht/ton ($5.88/ton) of carbon emissions as part of the country's efforts to reduce GHG emissions. Products to be subject to the carbon price mechanism include gasoline, kerosene, jet fuel, diesel biodiesel, LPG and others.
Removing microplastics with engineered bacteria
Microplastics can go right through wastewater treatment plants, and researchers have engineered bacteria commonly found in there to break down this pollution before it can persist in the environment. Researchers from the University of Waterloo added DNA to several species of bacteria found in wastewater, allowing them to biodegrade polyethylene terephthalate (PET).
Envana secures $5.2-MM U.S. DOE grant for methane mitigation technology project
Envana Software Solutions (Envana) has been awarded a $4.2-MM grant by the U.S. Department of Energy (DOE) to advance oil and gas methane monitoring and mitigation technologies.
- Hanwha Ocean signs strategic MoU with Kanata Clean Power for proposed $15.7-B, 12-MMtpy FLNG project in Canada 6/18
- Burckhardt Compression secures milestone order for first industrial scale liquefied CO₂ carrier supporting Northern Lights CCS project 6/18
- Dynelectro dispatches 250-kW electrolyzer unit to Syntholene’s Iceland eSAF project 6/18
- EIA: U.S. crude inventories decline for tenth week to over 40-yr low 6/18
- Australia opens first carbon refinery, making new products from captured CO2 6/18
- ABB expands non-invasive sensing portfolio to advance simpler, safer temperature measurement 6/18
