(IN BRIEF) TotalEnergies, Equinor, and Shell have confirmed phase two of the Northern Lights project, which will increase its CO₂ transport and storage capacity from 1.5 million to over 5 million tons per year by 2028. The project, which is … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Investment, Norway
Tagged Brevik, carbon capture, CCS, climate targets, CO₂ storage, Equinor, Europe, final investment decision, Heidelberg Materials, industrial emissions, Nicolas Terraz, NOK 7.5 billion, northern lights, phase two, Shell, Stockholm Exergi, Tim Heijn, TotalEnergies, underground storage, Øygarden
(IN BRIEF) Alfa Laval has announced a binding put-option agreement to acquire Fives Cryogenics from Fives Group for EUR 800 million on a cash and debt-free basis. Fives Cryogenics, based in France, is a leader in cryogenic heat transfer and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Internet & Online, Investment, News, Technology
Tagged Alfa Laval, carbon capture, cash and debt-free, cryogenic heat transfer, energy transition, EUR 800 million, Fives Cryogenics, Fives Group, France, Frédéric Sanchez, global market, Golbey, hydrogen, Jefferies, LNG, manufacturing facilities, pump technologies, regulatory approvals, Tom Erixon, White & Case, works councils
(IN BRIEF) The CO₂-based Fuels and Chemicals Conference 2025 in Cologne will celebrate the innovative spirit of the CCU industry by presenting the “Best CO₂ Utilisation 2025” award to six groundbreaking technologies. The award highlights solutions that transform CO₂ into … Read the full press release
Posted in Awards, Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged Best CO₂ Utilisation 2025, carbon capture, carbon nanotubes, CCU, circular carbon economy, CO₂ Utilisation, CO₂ Value Europe, CO₂-based Fuels, Direct Air Capture, eChemicles, electrolysis, Enviro Ambient, Far Eastern New Century Corporation, GIG Karasek, graphite, green methanol, holcim, non-isocyanate polyurethane, nova-Institute, Oxylus Energy, renewable energy, Skytree, sustainable fuels, TNO, UP Catalyst, Yncoris
(IN BRIEF) DNV has issued an approval in principle for a newly developed LCO₂ carrier design, a project undertaken by Shell and Brevik Engineering. The vessel design has been rigorously evaluated and is recognized for meeting the stringent safety, technical, … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, News, Norway, Technology, Transportation & Logistics
Tagged approval in principle, Brevik Engineering, carbon capture, DNV, environmental technology, greenhouse gas reduction, innovative design, LCO2 carrier, liquid carbon dioxide, maritime transport, Shell, sustainable energy
(IN BRIEF) Wood has secured a contract to deliver operations and maintenance services for the MTR Carbon Capture facility in Gillette, Wyoming, the largest membrane-based carbon capture plant globally. This facility is part of the U.S. Department of Energy’s pilot … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged asset management, Basin Electric, carbon capture, carbon capture industry guidelines, CO2 sequestration, decarbonization, Dry Fork Station, environmental stewardship, membrane-based technology, MTR Carbon Capture, Operations and Maintenance, partnership, sustainability, sustainable future, technological innovation, U.S. Department of Energy, University of Wyoming, Wood, Wyoming
(IN BRIEF) Thyssenkrupp has achieved the highest rating in the prestigious CDP Climate Rating for the ninth year in a row, recognizing the company’s commitment to decarbonization and transparent emissions reporting. The company’s Decarbon Technologies segment, alongside efforts such as … Read the full press release
Posted in Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged ammonia cracking, Awards, biomass gasification, carbon capture, CDP Climate Rating, clean ammonia, climate-friendly economy, climate-neutral cement industry, CO2 emissions, Decarbon Technologies segment, decarbonization, direct reduction plant, Duisburg site, electrolysis plants, energy efficiency, GREEN HYDROGEN, green methanol, green transformation, hydrogen technology, Ilse Henne, Industrial Decarbonization, leadership, Miguel López, Polysius, Rothe Erde, sustainability, sustainable aviation fuel, ThyssenKrupp, Uhde, “pure oxyfuel” technology
(IN BRIEF) The European Investment Fund (EIF) has pledged €34.6 million to Course Corrected VC Fund II, a venture-capital fund dedicated to backing early-stage climate-tech companies in the Nordic region. This funding will help the fund reach its target size … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden, Technology
Tagged carbon capture, Christine Ahlstrand, clean energy, climate goals, Climate Innovation, climate mitigation, climate neutrality, climate-tech, Course Corrected VC Fund II, decarbonisation technologies, early-stage companies, EIF, EIF commitment, electrification, emission reductions, energy efficiency, European Investment Fund, European Union, financial returns, Katja Bergman, Kerstin Cooley, market-shifting companies, Nordic, sustainable industrial technologies, venture capital, venture capital fund
(IN BRIEF) Equinor reported strong financial results for Q4 2024, with adjusted operating income of USD 7.90 billion and net income of USD 2.00 billion. The company proposed a fourth-quarter dividend of USD 0.37 per share and announced a share … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged 2024, adjusted operating income, Anders Opedal, capital distribution, capital expenditure, carbon capture, carbon intensity, CO2 storage, dividend, Earnings per share, Equinor, fourth-quarter results, Free cash flow, Johan Sverdrup, low carbon solutions, Net income, net-zero ambition, Norwegian Continental Shelf, oil and gas production, oil and gas production growth, operational performance, production growth, renewable energy, return on average capital employed, share buy-back, shareholder returns, Troll field
(IN BRIEF) Bilfinger is expanding its engineering operations in the Czech Republic by integrating approximately 200 McDermott employees from the Brno office into its Bilfinger Engineering & Maintenance Central Eastern Europe (Bilfinger E&M CEE) division, effective December 31, 2024. This … Read the full press release
Posted in Business, Czech Republic, Energy, Gas & Oil, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Bilfinger, Bilfinger E&M CEE, Bilfinger Engineering & Maintenance Central Eastern Europe, Brno, carbon capture, Chemical & Petrochemical, collaboration, Czech Republic, efficiency, ENERGY, engineering capabilities, hydrogen, international hydrogen portfolio, Jaromír Kříž, master services agreement, McDermott, Oil & Gas, partnership, personnel transition, plant engineering, process industry, sustainability, sustainable aviation fuel facilities, sustainable fuel facilities, UK
(IN BRIEF) Toyota Motor Europe has launched a second cohort of the Toyota Open Labs initiative, aiming to connect startups with Toyota’s business units to foster innovations in sustainable mobility. The program focuses on six key areas, including BEV energy … Read the full press release
Posted in Automotive, Belgium, Business, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged BEV (Battery Electric Vehicle) energy ecosystems, carbon capture, circular economy, hydrogen, INNOVATION, Leon Van Der Merwe, mobility for all, Mobility Solutions, Open Labs Program, smart communities, sustainability, Toyota
(IN BRIEF) DNV has supported the European Commission in updating guidance documents on geological carbon storage (CCS) under the CCS Directive to streamline permitting procedures and enhance sustainable CO2 storage in the European Economic Area (EEA). The updates integrate the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Norway
Tagged carbon capture, DNV, European Commission, Jamie Burrows, Netherland, Norway, partnership, Prajeev Rasiah, Storage Guidance Documents, sustainability
(IN BRIEF) Zurich Insurance Group and Aon have launched a comprehensive insurance facility to support blue and green hydrogen projects globally, with coverage for projects up to USD 250 million. This initiative, led by Zurich and brokered exclusively by Aon, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Insurance, Switzerland
Tagged Aon, Aviation, blue hydrogen, carbon capture, CCUS technologies, clean energy insurance, commercial insurance, eco-friendly, energy storage, energy transition, GREEN HYDROGEN, hydrogen combustion, hydrogen projects, industrial processes, Joseph Peiser, manufacturing steel, net-zero transition, producing chemicals, refining petrol, renewable energy, shipping, Sierra Signorelli, sustainable solutions, transportation, treating metals, Zurich Insurance Group
(IN BRIEF) International technology group ANDRITZ has broadened its carbon capture technology offerings by entering a licensing agreement with US-based Eickmeyer & Associates, Inc., to utilize their hot potassium carbonate (HPC) technology known as CATACARB®. This collaboration enhances ANDRITZ’s ability … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, carbon capture, CATACARB®, Eickmeyer & Associates, Gary Buckholz, Harald Reissner, partnership, sustainability, technology, USA
(IN BRIEF) Atlas Copco Group has acquired Zahroof Valves Inc., a company specializing in reciprocating compression valve technology based in Houston, Texas. Zahroof Valves’ innovative technology is renowned for reducing emissions and enhancing energy efficiency in the oil and gas … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, Sweden, Technology
Tagged acquisition, Atlas Copco Group, carbon capture, energy efficiency, gas, gas compression applications, HOUSTON, hydrogen, oil, oil and gas industry, petrochemical, Petrochemical Industry, reciprocating compression valve technology, reduce emissions, sustainability, Texas, Vagner Rego, Zahroof Valves, Zahroof Valves Inc.
(IN BRIEF) Austrian companies Holcim, Verbund, OMV, and Borealis have wrapped up the C2PAT demonstration plant project, aiming to produce carbon-based products from unavoidable CO2 emissions. Instead of a joint pilot plant, each company plans to develop industrially upscaled plants … Read the full press release
Posted in Austria, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Technology
Tagged Borealis, carbon capture, Carbon Utilization, circular economy, climate neutrality, CO2 emissions, Cross-Sector Collaboration, decarbonization, GREEN HYDROGEN, holcim, Industrial Scale Projects, INNOVATION, OMV, renewable energy, VERBUND
(IN BRIEF) Ørsted, a leading renewable energy company, has teamed up with Danish district heating providers VEKS and CTR to utilize surplus heat generated by a carbon capture plant at Avedøre Power Station. This surplus heat will be used to … Read the full press release
(IN BRIEF) ABB and Imperial College London have extended their partnership for a decade to operate a unique carbon capture pilot plant. Located at Imperial College, this plant provides hands-on training to thousands of students, showcasing ABB’s advanced technology solutions. … Read the full press release
(IN BRIEF) Heidelberg Materials has begun construction on a pilot carbon capture installation named ANRAV.beta at its plant in Devnya, Bulgaria. This pilot unit is a significant step towards the company’s larger ANRAV project in Bulgaria, the first full-chain carbon … Read the full press release
Posted in Bulgaria, Business, Construction, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged ANRAV.beta, Bulgaria, carbon capture, CCUS, Dr Nicola Kimm, Eastern Europe, Ernest Jelito', Heidelberg Materials, Milena Stoycheva, OxyCal technology, partnership, sustainability
(IN BRIEF) Engineering firm Sener has developed the conceptual and basic engineering for two cargo vessels with carbon capture systems designed for Grona Shipping, a German company operating in the North Sea and Baltic Sea. These vessels, with capacities of … Read the full press release
Posted in Business, Environment, Industrial, Management, News, Spain, Technology, Transportation & Logistics
Tagged carbon capture, cargo vessels, eco-friendly, Grona Shipping, Roberto Fernández, SENER, sustainability
(IN BRIEF) Wintershall Dea, a prominent player in the UK North Sea, has been granted a new licence by the North Sea Transition Authority (NSTA) to store CO2 beneath the seabed in the Camelot area. With an annual storage potential … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Management, News, United Kingdom
Tagged Camelot area, carbon capture, Hugo Dijkgraaf, licence, Matthias Pfeiffer, North Sea Transition Authority (NSTA), Southern North Sea, Storage Project, sustainability, Wintershall DEA
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