Carbon TerraVault and National Cement Sign MOU for California’s First Net Zero Cement Facility
March 5, 2025
BY California Resources Corporation
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Baker Hughes and Frontier Infrastructure announced a strategic partnership to accelerate the deployment of large-scale carbon capture and storage (CCS) and power solutions in the U.S. As part of the agreement, Baker Hughes will provide innovative technologies and resources in support of the development of large-scale CCS, power generation, and data center projects.
ORLEN, in partnership with Norway’s Equinor will explore opportunities within Carbon Capture & Storage (CCS) technology. The management boards of both companies have just signed a collaboration agreement, its scope covering the transport and storage of carbon dioxide (CO₂) in Poland. The solution will reduce CO₂ emissions into the atmosphere, supporting the decarbonization of industry.
MODEC, Inc. has entered into a Front End Engineering and Design (FEED) contract with SAMSUNG E&A for an offshore carbon capture pilot project, selecting Carbon Clean’s modular CycloneCC technology. The study envisages the installation of a carbon capture module on a MODEC Floating, Production, Storage and Offloading vessel as a pilot.
Bison Low Carbon Ventures Inc., as operator for and on behalf of the Meadowbrook Carbon Storage Hub, announced that it has received D065 scheme approval from the Alberta Energy Regulator for the Meadowbrook Project on February 19, 2025. Subject to satisfying the terms and conditions of the approval, the project is positioned to commence operations before the end of 2025.
CarbonQuest announced that it closed its $20 million funding round, led by Riverbend Energy Group, with additional funding from two institutional investors. The company built on its 2024 fundraise, securing new capital from Energy Capital Ventures (ECV) and Aligned Climate Capital to add to the capital raised with Riverbend Energy Group.
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