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INEOS Led Project Greensand and Royal Wagenborg Sign Agreement on CO₂ carrier

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By INEOS

November 20, 2024

TransportCaptureStorage

Denmark INEOS and Royal Wagenborg have signed a landmark agreement on the delivery of CO₂ transportation. This multi-year agreement, a significant step towards advancing carbon capture and storage (CCS) within the European Union, will see Royal Wagenborg supply a newly built CO₂ carrier dedicated to Project Greensand, led by INEOS with its partners Harbour Energy and Nordsøfonden.

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Carbon Clean, a leader in revolutionizing carbon capture solutions, announced a strategic supplier framework agreement with Julius Montz (Montz), a German company fully owned by global engineering company Koch Engineered Solutions (KES).

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Babcock & Wilcox announced that it has been awarded a contract to conduct a full-scale feasibility study of its SolveBright™ carbon dioxide (CO2) capture technology to be integrated into Mälarenergi AB’s waste-to-energy plant in Västerås, Sweden.

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ABB has launched a new white paper, detailing the challenges the global cement industry must tackle to decarbonize operations in line with global emissions reduction targets and the vital role technology will play in the success of this endeavor.

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According to a report released by Carbon Direct, the voluntary carbon market is at a key inflection point: carbon dioxide removal (CDR) is growing rapidly, however it still only represents 4% of available carbon credits in today's US$1 billion market.

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Alto Ingredients, Inc. announced it entered into a CO2 Transportation and Sequestration Agreement with Vault 44.01 to provide transportation, injection and sequestration into the Mt. Simon sandstone formation in Illinois of CO2 produced at Alto Ingredients’ Pekin campus.

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Artio has announced it has raised £550k to pioneer insurance solutions for early-stage carbon removal projects through its proprietary risk modelling platform. Artio's insurance products enable investors to confidently back early-stage carbon removal projects by providing risk mitigation from day one.

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Kawasaki Heavy Industries and Low Emission Technology Australia have formalized their shared commitment to reducing emissions from heavy industry with the signing of a Memorandum of Understanding (MOU). The MOU signals the organizations' intent to cooperate in the development and deployment of Post Combustion Capture (PCC) technology.

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ADNOC and Abu Dhabi Future Energy Company (Masdar) announced the signing of a Strategic Collaboration Agreement with Microsoft on a range of artificial intelligence (AI) and low-carbon initiatives in the UAE and globally aimed at decarbonizing the energy system of today and enabling a sustainable energy system for the future.

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44.01 and ADNOC have announced plans to scale-up mineralization in the Emirate of Fujairah, following the successful completion of their pilot, in partnership with the Fujairah Natural Resources Corporation (FNRC) and Abu Dhabi Future Energy Company (Masdar). The announcement was made at ADIPEC, currently taking place in Abu Dhabi.

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BASF and Exterra have entered into a memorandum of understanding to explore opportunities to deploy a commercial scale carbon capture and storage (CCS) project in Quebec, Canada, using a combination of BASF’s OASE® gas treatment technology and Exterra’s Reactive Oxide to Carbonate System as part of its integrated carbon storage services.

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GE Vernova Inc. and Saudi Arabia’s Ash Sharqiyah Operations & Maintenance Company (ASHOMCo) announced the completion of three Front-End Engineering Design (FEED) studies analyzing the possibility to lower the net carbon emissions of three cogeneration plants located in the Kingdom of Saudi Arabia. 

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The U.S. Department of Energy (DOE) announced the formation of the Tribal Fossil Energy and Carbon Management Working Group, administered by DOE’s Office of Fossil Energy and Carbon Management. Tribes play a critical role in helping the U.S. meet its energy security and climate obligations while working to develop their vast energy, critical minerals and materials, and carbon management potential.

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Kruger Inc. announced a $23.75 million investment in an innovative demonstration project for carbon capture and reuse at its Wayagamack Mill in Trois-Rivières.

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LanzaTech Global, Inc. announced plans to develop a commercial-scale Carbon Capture and Utilization (“CCU”) facility at Herøya Industrial Park in Porsgrunn, Norway. The plant will produce ethanol and is expected to begin operations in 2028. Eramet will supply furnace gas as feedstock to the facility from the Porsgrunn Manganese Alloys smelter but will not participate in its financing.

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Rice University researchers have developed an electrochemical reactor that has the potential to drastically reduce energy consumption for direct air capture (DAC), the removal of carbon dioxide directly from the atmosphere.

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Utah State University’s Bingham Research Center has received a grant from the U.S. Department of Energy for a $480,000 project. The grant is part of a larger project called the Uinta-Piceance Basin Carbon Management and Community Engagement Partnership, which is led by the University of Utah.

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South Dakota voters on Nov. 5 rejected a law signed earlier this year that pertains to the development of CO2 pipelines within the state. Summit Carbon Solutions confirmed it still plans to file a permit application with the state later this month.

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Carbon dioxide (CO2) is not merely an industrial byproduct; it is a vital component of Earth's natural carbon cycle and the most significant greenhouse gas, holding the key to transformative possibilities in our environment. Read More.

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We hear a lot about CO2, but how much do we know about its importance to life on this planet? CO2 isn’t just a molecule, a by-product, or a greenhouse gas; it’s the essential molecule vehicle for moving carbon around in its depleted state.

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Pennsylvania Accelerated Industrial Decarbonization Projects Utilizing Game-Changing, Low-Cost Cross-Sector Technology to Generate Clean Energy Jobs and Sustainable Products in Hard-to-Abate Sectors, while preserving Industrial Manufacturing Jobs

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Nationally there are 81 projects under regulatory review with a total of 246 wells. These projects and wells were located by owners and operators to make use of valuable pore space for long-term storage and to locate near large-scale emissions sources.

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We need to apply circular economy principles to accelerate CO2 storage

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A case study examining how industrial collaboration can decarbonize the Midwest region

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Drivers to Enabling Economywide Deployment of Carbon Management Technologies

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British Steel is focused on transforming the manufacture of steel into a clean, green and sustainable business by embracing electric arc furnace technology. To support this, and the development of the required technology, a mobile carbon capture pilot plant has been installed at British Steel’s Central Power Station in Scunthorpe.

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Air Liquide and Cementir launched a joint decarbonization project, named ACCSION. Located in Aalborg, Denmark, ACCSION will be one of the first full onshore Carbon Capture and Storage (CCS) value chains in Europe. Air Liquide and Cementir Holding Group’s project ACCSION has been selected by the European Commission to receive 220 million euros in project support under the European Union (EU) Innovation Fund.

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Altera Infrastructure announced that the STARFISH project, a part of Altera Infrastructure’s broader Stella Maris CCS initiative, has been awarded up to EUR 225 million in grant funding by the European Union (EU) Innovation Fund.

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A new type of absorbing material developed by chemists at the University of California, Berkeley, could help get the world to negative emissions. The porous material — a covalent organic framework — captures CO2 from ambient air without degradation by water or other contaminants, one of the limitations of existing direct air capture (DAC) technologies.

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Climeworks has announced another milestone for its portion of the Louisiana-based Project Cypress DAC Hub. Climeworks will partner with CapturePoint Solutions LLC for the transport and storage of CO₂ captured at Climeworks' facility in Southwest Louisiana. The partnership reflects a critical step forward in realizing what will be a million-ton Direct Air Capture (DAC) Hub.

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