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Omnia Midstream selected by DOE for funding Delaware Basin CO2 Sequestration Hub

February 15, 2024

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Value Group Welcomes €2M Investment from Energy Transition Fund Rotterdam to Accelerate CO₂ Hub

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By Value Maritime

November 26, 2024

CaptureStorage

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.

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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.

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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.

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Summit Carbon Solutions announced the submission of its permit application to the South Dakota Public Utilities Commission. This filing reflects extensive engagement with South Dakotans to create a pipeline route shaped by direct stakeholder feedback, supporting agriculture and advancing energy innovation.

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Deep Sky, the Canadian carbon removal project developer, has sold carbon removal credits to its founding buyers including Royal Bank of Canada and Microsoft. In return, Deep Sky intends to facilitate the removal of 10,000 tons of CO2 from the atmosphere over a 10-year period via Deep Sky Labs, the world’s first carbon removal innovation and commercialization center.

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