News

Exxon Mobil agreed to buy Denbury for $4.9 billion on July 13, to accelerate its energy transition business with an established CO2 storage operation.

Nvidia Corporation displayed its new approach to carbon capture and storage that scientists can utilize to accelerate carbon storage.

CO2 mineral storage operator Carbfix has collaborated with Fluor Corporation to develop integrated carbon capture and storage (CCS) solutions for hard-to-abate sectors.

Vietnam Petroleum Institute (VPI) and Smart Geophysics Solutions JSC (SGS) on June 26 jointly organized the "Test and Simulation of Carbon Capture, Utilization and Storage (CCUS)" international scientific conference.

Petronas said on June 28 that it has signed a development agreement with TotalEnergies Carbon Neutrality Ventures and Mitsui & Co. Ltd. to collaborate on a carbon capture and storage (CCS) project in Malaysia.

Japan's JX Nippon Oil & Gas Exploration Corp, a unit of ENEOS Holdings, aims to store 5 million metric tons of carbon by 2030.

Navigator Holdings Ltd. and Bumi Armada Berhad have signed a deal to form a 50-50 joint venture－Bluestreak CO2 Joint Venture－to provide transport services for carbon emissions capture and storage in the United Kingdom.

Japan Organization for Metals and Energy Security (JOGMEC) said on June 13 that it has chosen seven candidate projects which capture CO2 and store it underground to offer support for commercialization to build up Japan's decarbonization push.

The European Commission is working on plans to speed up investment in capturing and storing CO2 emissions, it said on June 9, as the bloc prepares to cut its net greenhouse gas emissions to zero by 2050.

New study from North Carolina State University showed that 3D printing may be used to create carbon capture filters.