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Ecochlor announces LOI with Diana Shipping and Sinotech

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By Ecochlor

November 22, 2023

Project Development Carbon Capture Capture 

Ecochlor, Inc. announced that it has signed a Letter of Intent (LOI) with a reputable ship management company, Diana Shipping Services S.A. and carbon capture and storage specialist, Sinotech CCS Co., Ltd.

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Carbon Catalyst agrees farmout of 10% interest in Orion Carbon Capture and Storage (CCS) project to Summit Energy Evolution Limited, a subsidiary of Sumitomo Corporation.

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JAPEX, JGC HD, and "K" LINE have agreed and signed the Key Principles Agreement with PETRONAS CCS Ventures to jointly mature and develop the CCS project plan and structure aiming the commercialization of the CCS project by the end of 2028.

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The Cook Government will invest more than $4 million to establish a world-leading Carbon Capture, Utilisation and Storage (CCUS) industry in Western Australia as a new study reveals the State's enormous potential as a hub for carbon storage.

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The £1.38m UK government-funded project will combine pioneer power-to-liquid and direct air capture technologies (DAC) to validate a new approach to rapidly decarbonise aviation.

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Frontier buyers will pay CarbonCapture $20.0M to permanently remove 45,500 tons of CO₂ by 2028 and Heirloom $26.6M to remove 26,900 tons of CO₂ by 2030 from its next commercial facility.

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MAN Energy Solutions has awarded Aker Carbon Capture a feasibility study to develop a joint power-to fuel-solution. The study investigates the full integration the standardized and modularized Just Catch 100 unit into a full power-to-fuel solution.

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The Petroleum Association of Wyoming has launched the Wyoming Carbon Innovation Network to support the development and growth of the carbon management industry in Wyoming, while ensuring the existing oil and natural gas industry continue to flourish.

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As part of President Biden’s Investing in America agenda, the U.S. DOE announced over $444 million to support sixteen selected projects across twelve states that will fight climate change by bolstering the nation’s carbon management industry.

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Wintershall Dea has entered a second CCS project in the United Kingdom. The company joins the ‘Poseidon’ CCS project after acquiring a ten per cent stake in the license from Carbon Catalyst.

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Iona Capital has invested in Carbon Capture Scotland, one of the leading net zero carbon capture and use companies in the UK. Iona’s investment in CCSL follows their commercial agreement for CCSL to capture and reuse the green CO2 from it's UK plant.

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BKV Corporation and EnLink Midstream announced the initial injection of CO2 waste at BKV’s Barnett Zero CCS facility, marking a major step toward reducing CO2 emissions associated with BKV’s natural gas production in north Texas’ Barnett Shale.

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Santos and SK E&S formalized a Memoranda of Understanding which provides for Santos and SK E&S to cooperate in seeking to develop a low-carbon hub at Darwin in Northern Territory.

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Graphyte announced a new carbon dioxide removal approach that is permanent, affordable, and immediately scalable. “Carbon Casting” is the first technology that can permanently remove billions of tons of CO2 for 1,000+ years at under $100/ton.

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Heirloom Carbon recently unveiled a new facility that can capture up to 1,000 tons of CO2 per year, which will be sent for centuries-long storage in concrete to fulfill commercial removal purchases.

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SCS Engineers announced that the firm’s Board of Directors elected Doug Doerr as President and Chief Executive Officer. James Walsh, the current President and CEO, will turn over his responsibilities to Doerr on January 1, 2024.

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Summit Carbon Solutions announced the conclusion of the Iowa Utilities Board (IUB) public hearings, a significant event in the progress of the transformative pipeline project.

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Evero Energy Group has announced that it will be partnering with Mitsubishi Heavy Industries to deliver its InBECCS (Ince Bioenergy with Carbon Capture and Storage) project.

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Oxy Oman and OQ Gas Networks SAOC announced the signing of a Memorandum of Understanding (MoU) to jointly study potential CCUS projects in Oman.

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Southern California Gas Company (SoCalGas) announced that Hybrid Direct Air Capture (HDAC) is being brought online in Bakersfield, CA. This technology is being developed by Los Angeles based startup Avnos, Inc.

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The U.S. Department of Agriculture’s Forest Service announced a Notice of Proposed Rulemaking (NPRM) that would allow the agency to consider proposals for potential carbon capture and sequestration projects on national forests and grasslands.

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Harvestone announced the commencement of carbon dioxide (CO2) injection as a part of its carbon capture and storage (CCS) project at the Blue Flint Ethanol facility near Underwood, North Dakota.

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CarbonCure Technologies and Heirloom have signed an agreement through 2025 to permanently store atmospheric CO2 captured by Heirloom’s Direct Air Capture (DAC) technology in concrete using CarbonCure’s carbon mineralization technologies.

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Tenaga Nasional Berhad (TNB) and Petroliam Nasional Berhad (PETRONAS) have signed a Memorandum of Understanding (MoU) to explore Carbon Capture and Storage (CCS) technology for gas-fired power plants.

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Secured Carbon to install greenhouse gas monitoring sensors to verify Synergy Clean Energy’s innovative low-carbon fuel production plant in Montana.

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Aberdeen-based Amplus Energy Services Ltd has announced its entry into carbon capture with a multi-million-pound investment in Carbon Circle AS, a leading Norwegian company which will create a new UK business in the growing sector.

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The third quarter update from Carbon TerraVault includes an announcement regarding the first fully integrated capture to storage CO2 project at Elk Hills and a new storage only CDMA with NLC Energy.

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The International CCS Knowledge Centre released a new report to help companies across heavy-emitting industries understand the key federal and provincial supports that are in place or proposed for CCUS projects in Alberta, Canada.

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Captis Aire LLC's CAIRE™ technology was announced as a winner of the 2023 Green Chemistry Challenge Awards for new and innovative green chemistry technologies.

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1PointFive and TD Bank Group (TD), announced a purchase of carbon dioxide removal (CDR) credits from STRATOS – 1PointFive’s first Direct Air Capture (DAC) plant currently under construction in Texas.

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