November 14, 2023
BY Daphne Technology
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Equinor, alongside project partners, has announced financial close after taking a Final Investment Decision (FID) to progress to execution phase on two of the UK’s first carbon capture and storage (CCS) projects in Teesside, the Northern Endurance Partnership and Net Zero Teesside Power.
California Resources Corporation, and its carbon management business, Carbon TerraVault, announced the signing of a Memorandum of Understanding (MOU) with Net Power Inc., to develop Net Power’s ultra-low emission power plants in California.
Finnish green tech company Langh Tech expands its portfolio of exhaust gas treatment solutions for ships by an innovative system for onboard carbon capture (OCC). Langh Tech’s OCC system supports customers in their decarbonization journey by reducing CO2 emissions from ship operation.
Carbon capture and removal project developers Return Carbon and Verified Carbon announced “Project Concho,” a pioneering Direct Air Capture (DAC) hub to be built in Tom Green County, Texas.
The two companies have signed a collaboration agreement to promote carbon footprint reduction projects through the development of a CO2 capture, transmission and storage logistics chain.