Partners will scale up sorbent manufacturing using proven techniques to support Noya’s upcoming pilot and commercial facilities // PHOTO: Johnson Matthey
October 28, 2024
BY Johnson Matthey
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Value Group announced that it has secured Energietransitiefonds Rotterdam (‘ETF-R’) as an investor. The fund’s investment will drive the further development of the Value Hub for CO₂ offloading and processing in Rotterdam. The technology captures CO₂, stores it, and allows it to be effectively reused or stored elsewhere.
bp, on behalf of the Tangguh production sharing contract partners, announced a final investment decision on the $7 billion Tangguh Ubadari, CCUS, Compression project (UCC), which has the potential to unlock around 3 trillion cubic feet of additional gas resources in Indonesia to help meet growing energy demand in Asia.
Genesis Fertilizers has signed a pivotal Front-End Engineering Design (FEED) agreement with DL Engineering & Construction (DL E&C), a South Korean global leader in engineering and construction. This agreement advances Genesis Fertilizers’ plan to finance, design, and construct Canada’s first proposed low-carbon nitrogen fertilizer facility, ensuring a reliable, stable supply for its farmer-owners.
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.