News
Carbon Management
October 31, 2023
S&P says CCUS not making sufficient progress to achieve 2050 climate goals
According to an outlook report by S&P Global Commodity Insights, that the world is not making enough progress to achieve the necessary CO2 reductions by 2050 in the carbon capture, utilization, and storage (CCUS) market.
October 26, 2023Lotte, SK Group sign MoU to boost carbon capture development
South Korea’s SK Group subsidiaries SK IE Technology Co., SK Innovation Co. and Lotte Chemical have announced their partnership by signing a memorandum of understanding on Oct. 23 with the goal of entering the carbon capture market.
October 02, 2023Indonesia’s Pertamina, BP work on Tangguh CCUS collaboration
Pertamina and BP are exploring a potential collaboration in the carbon capture, utilization, and storage project at the Tangguh natural gas field, which may involve producing blue ammonia.
September 08, 2023Singapore to expand ocean CO2 removal project, aim to build demonstration factory
Singapore is planning to expand a pilot project that boosts the ocean's capacity to absorb CO2 emissions using emerging technologies that supporters hope can play a key role in addressing climate change.
August 16, 2023EV solutions in spotlight at Indonesia’s green transformation trade show
The Green Industrial Transformation Indonesia 2023 brought together local and international brands to showcase the most innovative solutions and advanced technologies in green industries, with a focus on achieving a sustainable future.
July 27, 2023Koch Modular launches carbon capture demonstration system, aim to lower emission
Koch Modular is rolling out a new carbon capture demonstration scale system called Project Enterprise. The project is poised to achieve a remarkable reduction in carbon emissions, expected to be at least 95%.
July 19, 2023New carbon capture tool for airport development to meet net zero
IATA, in collaboration with Atkins, has developed innovative digital tools for airports to estimate the embodied carbon associated with the construction of terminal buildings and aviation assets.
July 13, 2023Nvidia AI builds up carbon storage predictions 700,000X
Nvidia Corporation displayed its new approach to carbon capture and storage that scientists can utilize to accelerate carbon storage.
July 06, 2023Vietnam experiments on carbon capture and storage
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.
June 29, 2023TotalEnergies, Petronas and Mitsui partner on CCS hub in Malaysia
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.