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California DAC Hub Consortium selected for U.S. DOE funding

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By California Resources Corporation

November 15, 2023

Project Development Capture Storage 

Carbon TerraVault Holdings announced that the California Direct Air Capture Hub has been selected to receive $11.8M in funding from the U.S. DOE under its Regional DAC Hubs Initiative.

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First-of-its-kind study quantifies health impact of the co-benefits of reducing other air pollutants with carbon capture technologies

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The new facility is purposed to develop fuel production and combustion technologies, aiming for increased use of hydrogen, biomass and ammonia.

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Santos and its Bayu-Undan joint venture partners have signed a Memorandum of Understanding with Timor-Leste’s national oil company TIMOR GAP to explore partnership opportunities for the proposed Bayu-Undan CCS project offshore Timor-Leste.

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enfinium has signed a Memorandum of Understanding with Eni UK to support the development of carbon capture and storage at its Parc Adfer facility in North Wales.

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Minnkota received approval of a $150 million loan to help advance its Project Tundra carbon capture initiative at the Milton R. Young Station.

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ANA has become the first airline in the world to sign a purchase agreement with 1PointFive for carbon dioxide removal credits enabled by Direct Air Capture.

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Occidental and ADNOC announced that they will evaluate investment opportunities in Direct Air Capture facilities and CO2 sequestration hubs in the United States and the United Arab Emirates.

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The Global CCS Institute welcomes the UK government’s decision to fund two additional CCUS cluster projects. The UK government has selected Acorn CCS and Viking CCS under the Track-2 cluster sequencing process.

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Carbon Upcycling Technologies Inc., a leader in circular decarbonization solutions for hard-to-abate sectors, including cement, steel, and mining, has closed a US$26 million Series A funding round co-led by BDC Capital’s Climate

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BGF, one of the largest and most experienced growth capital investors in the Uk and Ireland, has invested £3.4 million in Nuada, a UK-based company that is redefining the capture of carbon dioxide from foundational and hard-to-abate industries.

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Babcock & Wilcox announced that it has been awarded a contract by NorthStar Clean Energy to conduct a Bioenergy with Carbon Capture and Storage engineering study to convert a coal-fired power plant in Michigan to use biomass fuel.

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Saipem and Stockholm Exergi have signed a Letter of Intent for a large-scale CO2 capture plant to be installed at Stockholm Exergi’s existing bio-cogeneration plant located in the Swedish capital.

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Mubadala Energy and Pertamina have entered into an agreement to discuss, explore and potentially engage in energy transition initiatives, primarily focused on carbon capture, utilization and storage applications in Indonesia.

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Octavia Carbon has agreed with Cella Mineral Storage to build a pilot DAC facility at Cella's storage plant. Operations for ‘Project Hummingbird’ are due to begin in October 2024, with plans to sell carbon credits certified by Puro.earth.

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GAIL and LanzaTech have entered a partnership to explore innovative technology solutions that advance GAIL’s Net Zero 2040 goals and have the potential to support wider decarbonization applications globally.

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Verde AgriTech Ltd has announced the carbon capture properties of its K Forte® and Super Greensand® as detailed by an independent study conducted at Newcastle University under the leadership of Prof. David Manning, PhD,.

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Air Liquide will work with KBR to offer fully integrated low-carbon ammonia solutions based on Autothermal Reforming technology. The solutions provided with KBR will also contribute to the development of a global low-carbon hydrogen market.

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Aquatech announces that its evaporation process technology has been chosen for a key service within 1PointFive’s groundbreaking direct air capture plant, Stratos, located in the U.S. Permian Basin in Texas.

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Buckeye Partners announced that it has acquired Elysian Carbon Management from EnCap Flatrock Midstream.

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Avnos, Inc. announced it has signed multi-year strategic and investment partnerships, in excess of $80 million in aggregate, with ConocoPhillips, JetBlue Ventures, and Shell Ventures to accelerate commercialization efforts.

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Exxon Mobil Corporation announced it has entered into a definitive agreement to acquire Denbury Inc. The acquisition is an allstock transaction valued at $4.9 billion, or $89.45 per share based on ExxonMobil’s closing price on July 12, 2023.

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Aker Carbon Capture and Aramco have signed a Memorandum of Understanding (MoU) to explore partnership opportunities to deploy carbon capture, utilization and storage and industrial modularization in Saudi Arabia.

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Carbon Capture Scotland and Iona Capital have announced a new agreement to capture and reuse green carbon dioxide from Iona’s biomethane plants across the UK. This partnership aims to create dry ice for use in various industries,.

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Capsol Technologies has been awarded a feasibility study for the CapsolEoP® carbon capture technology at a cement plant in Northern Europe.

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Technip Energies and LanzaTech signed a Joint Collaboration Agreement to create a new pathway to sustainable ethylene utilizing their combined technologies.

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Fluor Corporation announced its MOU with Carbfix to pursue integrated CCS solutions. Together, the companies look to minimize the impacts of climate change by helping to decarbonize hard-to-abate industries with high greenhouse gas emissions.

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Aker Carbon Capture announces the appointment of Egil Fagerland as its new Chief Executive Officer with effect from July 11, 2023.

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Selected Projects will Help Local Communities Accelerate Deployment of Carbon Management Technology to Capture and Permanently Store Carbon Dioxide Emissions from Industrial and Power Facilities

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The International CCS Knowledge Centre sent an open letter to government leaders in the United Kingdom, United States and Canada on behalf of many of the world’s leading environmental scientists, academics and experts on CCS as a tool.

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