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
The journey to full-scale carbon capture in the United States follows safe pipelines.
Twelve is transforming CO2 into essential products.
Three Key Insights from the 2024 Voluntary Carbon Market
In a bold step toward strengthening the science behind permanent carbon sequestration, MicroSeismic, Inc.’s advanced subsurface imaging and monitoring technology, branded as CO2SeQure®, has been deployed at an active CCS project.
ClimeFi announced it has initiated rating coverage on Canadian company Deep Sky – the world’s first technology-agnostic project developer for DAC. Deep Sky Alpha is the first of Deep Sky’s projects to be fully covered by ClimeFi, while rating coverage for Deep Sky One is also underway.
HYCO1, Inc. and Malaysia LNG Sdn. Bhd. signed a Memorandum of Understanding to collaborate on the potential utilization and conversion of CO2 into chemical and fuel products, setting new standards for sustainability and innovation. The project will be located in Bintulu, Sarawak, Malaysia, the home of Malaysia LNG Sdn. Bhd., which is the CO2 supplier for the project.
United Living Group announced that its subsidiary, United Living Energy Limited, has been selected by Liverpool Bay CCS Limited, a member of the global energy-tech company, Eni, as one of the primary contractors to deliver CO2 Transportation and Storage infrastructure. The ULIS project is worth approximately £250 million over a three-year period.
Eni announced that it has reached financial close with the UK Government’s Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS project, where Eni is the operator of the CO2 transport and storage system (T&S) of the HyNet industrial Cluster.
XPRIZE announced the winners of its $100 million XPRIZE Carbon Removal competition, the largest global incentive competition award in history. The four-year competition was designed to combat climate change by challenging teams around the world to develop high-quality carbon dioxide removal solutions.
Climeworks and Mitsui O.S.K. Lines (MOL) signed an agreement to remove 13,400 tons of CO₂ from the air by 2030. MOL is Climeworks’ first partner from the shipping industry, underscoring the Japanese company’s leadership in advancing technologies that durably remove CO₂ from the air.
Exxon Mobil Corporation announced an agreement with Calpine Corporation to transport and permanently store up to 2 million metric tons per annum of CO2 from Calpine’s Baytown Energy Center, a cogeneration facility near Houston.
RepAir Carbon US Inc., developer of a uniquely energy-efficient Direct Air Capture (DAC) technology, and C-Questra, an independent European carbon storage startup, announced a strategic partnership to develop the European Union's first onshore Direct Air Capture and Storage (DACS) project in France.
U.S. Energy Corporation announced the closing of a strategic acquisition from a privately held company for $0.2 million, strengthening its industrial gas and carbon capture platform in Montana. As part of the Acquisition, U.S. Energy acquired approximately 2,300 net acres with carbon dioxide rights that are highly contiguous to its existing position across Montana’s Kevin Dome structure.
AtmosClear BR, LLC, a portfolio company of Fidelis, announced that it has signed a contract with Microsoft for 6.75 million metric tons of engineered carbon removal over 15 years from bioenergy carbon capture & storage ("BECCS"). The deal is the world's largest for permanent carbon removal to date.
AIRCO™, the carbon conversion technology company dedicated to providing essential energy alternatives in support of national security, announced the successful completion of a series of breakthrough demonstrations with the Department of Defense (DoD) using its proprietary AIRMADE® Fuel across land, air, and sea.
Mitsubishi Heavy Industries, Ltd. (MHI) announced the signature of a study with Single Buoy Moorings Inc., the subsidiary of SBM Offshore, for the application of CO2 capture modules on future Floating Production Storage and Offloading vessels (FPSOs) for Petrobras. This study will be conducted toward typical implementation of CO2 capture solutions for FPSOs.
Block Energy plc, the production and development company focused on Georgia, announced good progress on Phase 2 of its CCS project, with the key process specific subsurface uncertainties, ahead of the pilot test, having been resolved. Work has shifted to the redesign of existing non-producing wells, and implementation of the pilot injection of CO2 into the reservoir.
The Viking CCS Pipeline application has been granted development consent by the Secretary of State for Energy Security and Net Zero. The project comprises a new 55 km onshore underground pipeline from the point of receipt of dense phase CO2 at Immingham.
Cory and Imperial College London (Imperial) have announced a new partnership to drive innovation in carbon capture and storage (CCS) technology. The collaboration will leverage the expertise of Cory, a leader in waste management and recycling, and Imperial, a world-leading university which is home to the UK’s largest CCS research program, led by the Department of Chemical Engineering.
Occidental and its subsidiary 1PointFive announced that the U.S Environmental Protection Agency approved its Class VI permits to sequester carbon dioxide (CO2) captured from STRATOS when the world’s largest Direct Air Capture (DAC) facility begins operating in Ector County, Texas.
Carbon Direct has released its inaugural quarterly industry insights report, The Navigator, which includes distilled policy, science, and market insights across climate and carbon markets. This April 2025 issue covers the evolving landscape of climate policy under President Trump’s second term.
Elliot Renton Appointed as Evero’s New CEO to Lead Next Phase of Growth
By Elliot Renton
April 16, 2025
Evero announced the appointment of Elliot Renton as Chief Executive Officer (CEO). With two decades of experience in senior leadership positions, Elliot brings a strong track record of strategic and financial leadership, including Group Chief Financial Officer (CFO) at Vista Global and CFO at London Luton Airport Group.
BASF and Forestal de Atlántico S.A. have signed an early disclosure agreement aimed at advancing the production of e-methanol through carbon capture solutions. Under this strategic partnership, BASF has been selected to share its proprietary OASE® blue technology, designed for the efficient removal of CO2 from flue gases, for use in Forestal’s pioneering Triskelion project in Galicia, Spain.
Vaisala’s MGP241 and CO₂ instruments revolutionize carbon capture with unmatched accuracy, efficiency, and cost savings across systems.
Northern Lights announced its’ final investment decision for the expansion project which will increase transport and storage capacity to a minimum of 5 million tons CO2 per year, following the signing of a commercial agreement to transport and store up to 900,000 tons CO2 from Stockholm Exergi annually.
Carbon Direct, in collaboration with Microsoft, announced the release of new criteria for high-quality marine carbon dioxide removal (mCDR), setting a higher standard for social impact, monitoring, durability, and environmental integrity in the rapidly evolving mCDR space.
Leading Danish district heating companies Sønderborg Varme and Thisted Varmeforsyning have signed a collaboration agreement with Carbon Clean to engage and collaborate in applying for a subsidy from the Danish Energy Agency’s CCS Fund. The partnership will allow Carbon Clean to explore opportunities to deploy its carbon capture technology in Denmark.
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