CAER’s researchers are exploring a new way to utilize CO2 to improve the performance of cement and concrete. Photo provided by UK CAER. // PHOTO: University of Kentucky
February 6, 2024
BY Dave Melanson, University of Kentucky
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Oxylus Energy, developer of a novel carbon utilization technology for the production of e-fuels, announced the close of its $4.5 million Series Seed investment co-led by Toyota Ventures and Azolla Ventures with participation from Earth Foundry and Connecticut Innovations. Oxylus' solution is the first low-temperature and low-pressure conversion of carbon dioxide to green methanol, a liquid fuel.
The Vietnam Petroleum Institute has commissioned Black & Veatch to study carbon-cutting technologies at three coal-fired power plants owned by Vietnam Oil and Gas Group. The study’s objective is to investigate the current carbon capture technology landscape and evaluate the feasibility and effectiveness of applying that technology to the flue gas from the coal-fired power plants.
Enhancing Indonesia’s CCUS and CCS capabilities, BP Berau Ltd (bp) – as the operator of TangguhProduction Sharing Contract -- and Bandung Institute of Technology signed a Cooperation Agreement to advance research and development of carbon capture, utilization and storage.
Sora Fuel, a startup producing sustainable aviation fuel using only water, air and renewable energy, announced it has raised an oversubscribed $6 million seed round. The funding will be used to expand Sora Fuel’s Boston-based team, develop commercialization partnerships and further advance the company’s novel technology.
On July 31st in Anchorage Alaska Governor Mike Dunleavy signed three energy bills into law, one being HB 50. This will create a regulatory framework for the State of Alaska to utilize its geologic resources for carbon capture, utilization and storage.