December 11, 2024
BY California Resources Corporation
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PETRONAS CCS Ventures, MISC Berhad (MISC), and Mitsui O.S.K. Lines, Ltd. (MOL) today announced the incorporation of a strategic joint venture. This joint venture will lead the development and act as the ultimate owner of Liquefied Carbon Dioxide (LCO₂) carriers, which are critical for transporting LCO₂ to designated storage sites.
Global energy technology company SLB launched Sequestri™ carbon storage solutions — a comprehensive portfolio of technologies and services for accelerating safer and more economic carbon storage projects. The Sequestri portfolio addresses the unique challenges of long-term carbon storage, providing tailored hardware and digital workflows that improve decision-making across the full carbon storage value chain.
BKV Corporation and Comstock Resources, Inc. announced an exclusive, non-binding agreement for BKV to develop carbon capture, utilization and sequestration projects at two of Comstock’s natural gas processing facilities in its Western Haynesville operating area.
As the CCUS industry faces ongoing uncertainty, with economic challenges and evolving regulatory landscapes, one thing remains clear: The drive for scalable decarbonization is unwavering.
Carbon Direct, in collaboration with Microsoft, announced the release of new criteria for high-quality marine carbon dioxide removal (mCDR), setting a higher standard for social impact, monitoring, durability, and environmental integrity in the rapidly evolving mCDR space.