January 5, 2024
BY U.S. Department of Energy
Advertisement
Advertisement
BKV Corporation announced the formation of a strategic joint venture between BKV dCarbon Ventures, LLC, BKV’s wholly-owned subsidiary, and Copenhagen Infrastructure Partners, on behalf of its Energy Transition Fund I, to expand BKV’s portfolio of carbon capture, utilization and sequestration projects.
LG Chem announced that it will carry out a demonstration project for CCU (Carbon Capture and Utilization) technology, jointly involving the chemical and steel industries, as part of the Ministry of Science and ICT’s national CCU Mega Project.
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.
In the face of economic uncertainty, diversifying carbon capture technology will help keep Canada’s industry competitive globally. Expanding the range of carbon capture, utilization and storage options available to companies will increase adoption and reduce the cost of this essential technology.
Halliburton tests acoustic-based injectivity monitoring at the perforation scale to characterize supercritical fluid injection into permeable rock formations at reservoir conditions