Cresta Fund Management LLC (Cresta), a Dallas-based private equity firm that invests in low-carbon molecule infrastructure and solutions, announced an investment in Lapis Carbon Solutions (Lapis) through its recently launched Cresta Sustainable Fund II (Sust. Fund II). The new co-investment is expected to accelerate the development of Lapis’ anchor projects and expand the broader pipeline of project opportunities.
TGS, a global leader in energy data and intelligence, has partnered with Equinor to advance the digitalization of carbon capture and storage (CCS) operations. Their software delivers real-time, reliable data to enable more efficient workflows and informed decision-making across the CCS lifecycle.
1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, announced that Palo Alto Networks purchased 10,000 tons of carbon dioxide removal (CDR) credits over five years enabled by Direct Air Capture (DAC). The agreement demonstrates the increasing adoption of durable carbon removal technologies as a solution to address emissions.
SeaO₂, together with TU Delft, University of Twente, and NERA, has secured €1.64 million in funding from the TKI Energy and Industry program. The project aims to develop a decentralized and fully integrated process for producing sustainable aviation fuel (e-SAF) using seawater, renewable electricity, and captured CO₂.
Carbon to Sea Initiative and the Marine Environmental Observation, Prediction and Response Network (MEOPAR) announced a new memorandum of understanding to jointly fund initiatives to advance ocean-based carbon dioxide removal (oCDR) research and development in Canada. Through this new partnership, Carbon to Sea and MEOPAR will invest $4 million CAD to support projects across Canada.
CF Industries Holdings, Inc. announced the start-up of the carbon dioxide (CO2) dehydration and compression facility at its Donaldsonville Complex in Louisiana. The facility will enable the transportation and permanent geological sequestration of up to 2 million metric tons of CO2 annually that would otherwise have been emitted into the atmosphere.
Seabound, a UK-based leader in marine carbon capture, has launched a first-of-its-kind onboard carbon capture project in partnership with Hartmann Group ("Hartmann"), InterMaritime Group ("InterMaritime"), and Heidelberg Materials Northern Europe. The captured carbon, bound in limestone and safely stored onboard, will be offloaded at the Port of Brevik, Norway, for use at Heidelberg Materials’ Brevik cement plant.
Carbon Clean announced the official opening of its new Global Innovation Centre (GIC) in Navi Mumbai, India. The GIC will be one of the world’s largest dedicated carbon capture research facilities, spanning 77,121 square feet and housing two carbon capture plants alongside state-of-the-art laboratories for solvent development, analysis, and testing. It will serve as a hub for research, innovation, and technology demonstration.
Frontier has facilitated offtakes with Arbor, a Bioenergy with Carbon Capture and Storage (BECCS) company that uses waste biomass to create clean energy while removing CO2. These offtakes will enable the launch of Arbor’s first commercial facility and test the viability of a new, highly efficient BECCS approach for generating clean electricity and removing CO₂. The facility, located near Lake Charles, LA, is expected to become fully operational in 2028.
Sulzer has signed an agreement with KEZO, Zurich Oberland’s waste utilization service provider, to develop and deliver a licensed carbon capture solution for commercial validation at KEZO’s waste-to-energy plant in Hinwil. The goal is to assess integration feasibility with KEZO’s processes in preparation for its new municipal solid waste incineration plant planned for 2030.
NEXTCHEM has been awarded about €210 million basic engineering and critical proprietary equipment supply contract for the Pacifico Mexinol project. This ultra-low carbon methanol production facility will be located in Sinaloa, Mexico, and will have a capacity of 2.1 million tons per year. Once operational in 2029, it is poised to be the largest single ultra-low carbon methanol facility in the world – producing approximately 350 thousand metric tons.
Ground-breaking technology developed at Trinity, which captures carbon dioxide from the atmosphere, is being put through its paces at Dublin Airport – with the team behind its creation hoping to demonstrate its wider potential for capturing carbon in the aviation and e-fuel industries. This deployment marked the first industrial-scale field test of the technology.
Hafslund Celsio announces the sale of 1.1 million tonnes of permanent carbon removals to Microsoft over a 10-year period. The agreement is a significant contribution to the commercial success of Hafslund Celsio’s full-scale CCS project in Oslo and is a recognition of the waste-to-energy sector as a credible provider of permanent carbon removals.
Bayou Bend, a joint venture between Chevron, Equinor, and TotalEnergies SE, is a carbon dioxide (CO₂) transportation and storage project in Southeast Texas. It’s designed to support key regional industries in reducing the carbon intensity of their operations. The goal is for Bayou Bend to serve as a central hub for CO₂ storage in the area.
Global Centre for Maritime Decarbonisation Successfully Demonstrates World’s First End-to-End Value Chain for Onboard Captured CO2
By Global Centre for Maritime Decarbonisation
July 02, 2025
The Global Centre for Maritime Decarbonisation has successfully completed the world’s first maritime pilot demonstrating the full value chain of onboard captured carbon dioxide in China on 25 June 2025. This cross-sectoral demonstration highlights how captured CO2 from ships can be repurposed for industrial applications, linking maritime decarbonisation efforts with broader land-based carbon ecosystem.
Balfour Beatty, the international infrastructure group, announced that it has been awarded an £833 million contract by Technip Energies to act as the construction partner for Net Zero Teesside Power – an Onshore Power, Capture and Compression project and poised to be the world’s first gas-fired power station with carbon capture and storage.
Alberta’s government is investing $5 million from the industry-led TIER fund to help Deep Sky design, build and operate the world’s first direct air capture innovation and commercialization centre in Innisfail.
CarbonQuest, a leading distributed carbon capture technology provider, and Daroga Power (“Daroga”), a leading developer of power projects in the U.S., today announced their first joint carbon capture-as-a-service financing project in North America, with a goal to offer such service to customers across a variety of sectors ranging from food and beverage operations, commercial and industrial facilities, and utility infrastructure.
Carbon Upcycling announced the closing of its 18 million investment round led by Builders Vision. The latest investment builds on a landmark period of momentum for Carbon Upcycling as the company develops its first-of-its-kind carbon capture & utilization technology project at the Ash Grove Mississauga Cement Plant, and executes on its newly signed memorandum of agreement with TITAN Group to assess projects at two of its cement plants.
ON Hellisheiði Power Plant to be One of the First Nearly Carbon-Neutral Geothermal Plants
June 25, 2025
A milestone in reducing greenhouse gas emissions was celebrated yesterday as Jóhann Páll Jóhannsson, Minister for the Environment, Energy and Climate, formally opened the Steingerður air capture facility at ON Power’s Hellisheiði Geothermal Power Plant. Together with the existing air capture station, Steingerður will have the capacity to capture nearly all CO2 and hydrogen sulfide (H₂S) emissions from Hellisheiði.
Nuada has developed a solution to capture industrial carbon emissions before they enter the atmosphere, targeting sectors such as cement, lime, and waste-to-energy. Compared to traditional methods, Nuada’s technology is more efficient and cost-effective, requiring 90 per cent less energy than conventional approaches.
Entropy Inc., a subsidiary of Advantage Energy Ltd., has entered into a definitive agreement to purchase an interest in three carbon hubs from a Canadian oil and natural gas producer for $20 million and contingent payments of approximately $15 million (subject to adjustment) based on commercial milestones achieved by various projects .
Heidelberg Materials has officially inaugurated Brevik CCS in Norway, the world’s first industrial-scale carbon capture, and storage (CCS) facility in the cement industry. Brevik CCS will capture around 400,000 tons of CO₂ per year, representing 50% of the plant’s emissions – and equivalent to the amount of CO₂ emissions per passenger for roughly 150,000 round-trip flights between Frankfurt and New York.
Seatrium Limited announced the signing of a Letter of Intent (LOI) with long-term strategic Favoured Customer Contract partner Solvang ASA, Norway, for installation and retrofitting of full-scale Carbon Capture and Storage (CCS) systems. The milestone LOI was formalized during Nor-Shipping 2025 in Oslo, reinforcing the companies’ shared commitment to sustainable maritime solutions.
According to Elmini, engineered removal transactions in the first quarter of 2025 indicate that the voluntary carbon market is quickly approaching a tipping point. Bigger deals continue to drive growth, a wider range of removal methods is being transacted, and more suppliers and buyers are entering the market.
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.
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.
2025 International Fuel Ethanol Workshop & Expo draws highest attendance in 15 years
By BBI International
June 23, 2025
The 2025 International Fuel Ethanol Workshop & Expo, held in Omaha, Nebraska, concluded with record-breaking participation and industry engagement, reinforcing its role as the largest and most influential gathering in the global ethanol sector.
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.
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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