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CRC Approves California’s First Carbon Capture and Storage Project

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By California Resources Corporation

January 08, 2025

CaptureStorage

California Resources Corporation (CRC) and its carbon management business, Carbon TerraVault, announced approval of the Golden State’s first carbon capture and storage project, located at CRC’s Elk Hills cryogenic gas plant in Kern County, California.

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MAIRE announced that NEXTCHEM, through its subsidiary Stamicarbon, has been awarded new contracts related to its proprietary NX STAMI UreaTM technology in Canada. Thanks to a carbon capture and sequestration unit, it will be the first proposed low-carbon nitrogen fertilizer plant in Canada.

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PTT Global Chemical Public Company Limited (GC) and Honeywell signed a memorandum of understanding to study the feasibility of using Honeywell’s technology in the process of carbon capture and storage using Carbon Capture and Storage technology in GC Group plants and carbon utilization or Carbon Capture Utilization to achieve the goal of reducing net zero greenhouse gas emissions by 2050.

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National Cement announced the execution of a cooperative agreement with the U.S. Department of Energy (DOE) for the Lebec Net-Zero Project.

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Bluenzyme™, Saipem's technological solution for carbon capture, has been selected by Ren-Gas, Finland's leading developer of green hydrogen and e-methane projects, for its e-methane plant in Tampere, Finland.

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Capsol Technologies has been awarded a feasibility study for the CapsolEoP® (End-of-Pipe) carbon capture technology at an energy-from-waste (EfW) plant in Germany.

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Skytree announced the acquisition of Dutch direct air capture (DAC) startup ReCarbn. The acquisition will integrate ReCarbn’s intellectual property into Skytree’s DAC product portfolio.

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The U.S. Department of Energy Office of Clean Energy Demonstrations (OCED) opened applications for up to $1.8 billion in funding for the design, construction, and operation of commercial direct air capture (DAC) facilities and infrastructure.

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Nippon Yusen Kabushiki Kaisha (NYK) and ENEOS Corporation signed an Agreement regarding the sale and purchase of marine fuel with carbon dioxide removal credits (CDR credits) created through Direct Air Capture with Carbon Storage (DACCS).

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Toray Industries, Inc. announced that it will install a pilot facility for its all-carbon carbon dioxide (CO2) separation membrane at its Shiga Plant.

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Deep Sky announced that it has secured a USD $40 million grant commitment from Breakthrough Energy Catalyst which will be allocated to the construction of Deep Sky Alpha and its associated research and testing of direct air capture (DAC) technologies.

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The U.S. Department of Energy Office of Clean Energy Demonstrations (OCED) opened applications for up to $1.3 billion in funding to catalyze investments in transformative carbon capture, utilization, and storage (CCUS) technologies.

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Capsol Technologies has signed a cooperation agreement with Holcim Group which includes the delivery of a CapsolGo® carbon capture demonstration campaign at a plant in southern Germany.

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Summit Carbon Solutions announced that it has received three Class VI sequestration permits from the North Dakota Industrial Commission (NDIC), marking a critical step forward in the Midwest Carbon Express project.

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Summit Carbon Solutions announced that the Minnesota Public Utilities Commission (PUC) has granted a permit for the company’s 28-mile pipeline route through Otter Tail and Wilkin Counties.

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Equinor, alongside project partners, has announced financial close after taking a Final Investment Decision (FID) to progress to execution phase on two of the UK’s first carbon capture and storage (CCS) projects in Teesside, the Northern Endurance Partnership and Net Zero Teesside Power.

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Nuada and Carbfix have signed a memorandum of understanding to collaborate on delivering integrated carbon capture and storage (CCS) solutions aimed at reducing emissions in key sectors, including cement, lime, steel, waste-to-energy, and bio-energy.

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INEOS and its partners, Harbour Energy, and Nordsøfonden have announced the Final Investment Decision to safely and permanently store carbon dioxide from Danish emitters in a depleted oil field in the Danish North Sea. ‘Greensand Future’ will become the EU’s first operational CO2 storage facility intended to mitigate climate change.

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Hydron Energy Inc. announced it has signed a collaboration agreement with FortisBC Energy Inc. to evaluate the feasibility of using Hydron Energy's biogas upgrading equipment at locations in British Columbia, Canada—potentially improving costs related to the purification of Renewable Natural Gas production and further reducing greenhouse gas emissions.

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Capsol Technologies ASA has been awarded a feasibility study for the CapsolEoP® (end-of-pipe) carbon capture solution by a global energy company at one of its oil refineries. The study is for a plant in Northern Europe aiming to capture 800,000 tons of CO2 per annum.

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SLB recently entered into an agreement with Aramco and Linde that paves the way for the development of a carbon capture and storage (CCS) hub in Jubail, Saudi Arabia, that is expected to become one of the largest globally.

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Renewable energy leader Drax is offering young people an exciting opportunity to develop the skills necessary to drive forward the carbon capture and storage (CCS) technologies of the future, including its groundbreaking Bioenergy with Carbon Capture and Storage (BECCS) project at Drax Power Station.

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SLB Capturi has reached a significant milestone of mechanical completion of the carbon capture plant at Heidelberg Materials’ cement facility in Brevik, Norway.

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The BC Centre for Innovation and Clean Energy (CICE) is investing $590,000 in Ekona as part of a $4.2 million investment in seven BC climate tech companies, selected from 79 applicants to CICE’s July 2024 Call for Innovation.

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Finnish green tech company Langh Tech expands its portfolio of exhaust gas treatment solutions for ships by an innovative system for onboard carbon capture (OCC). Langh Tech’s OCC system supports customers in their decarbonization journey by reducing CO2 emissions from ship operation.

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Vantaa Energy recently announced that its project has taken a step forward, with the commencement of environmental impact assessment, zoning, permitting, commercial negotiations and partner procurement phases. Petrofac delivered concept engineering for the project in 2023, engaging with seven potential storage service providers, onshore and offshore, to help Vantaa Energy identify the optimum solution.

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Saipem has been awarded an offshore EPCI contract by BP Berau Ltd. The EPCI contract is part of an integrated project known as Tangguh UCC Project comprising of Ubadari field development, enhanced gas recovery through carbon capture, utilization and storage (EGR/CCUS) and onshore compression, operated by BP Berau Ltd and located in Papua Barat Province, Indonesia.

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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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Genesis Fertilizers has signed a pivotal Front-End Engineering Design (FEED) agreement with DL Engineering & Construction (DL E&C), a South Korean global leader in engineering and construction. This agreement advances Genesis Fertilizers’ plan to finance, design, and construct Canada’s first proposed low-carbon nitrogen fertilizer facility, ensuring a reliable, stable supply for its farmer-owners.

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