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DOE Re-Opens Funding Opportunity for Carbon Dioxide Transport Networks

May 22, 2024

BY U.S. Department of Energy

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PETRONAS, MISC and MOL Announce Landmark Joint Venture to Advance Cross-Border CO2 Transportation

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By PETRONAS

8 hours ago

Project Development Storage Capture Transport 

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.

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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.

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Backed by an EU Connecting Europe Facility Grant, the project will deliver world-scale CO₂ reception infrastructure and unlock economies of scale for Denmark and the European Union.

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Mitsubishi Electric Corporation announced that it will launch a demonstration of technology to capture CO2 from flue gas, using a CO2 capture machine developed by the Industrial Technology Research Institute.

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Captura, a leading Direct Ocean Capture (DOC) company, announced the establishment of its new global headquarters and manufacturing facility in Pasadena, California.

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