North Dakota grants pivotal approval for Summit Carbon Solutions’ CO2 pipeline

North Dakota grants pivotal approval for Summit Carbon Solutions’ CO2 pipeline

Summit Carbon Solutions has achieved a critical breakthrough with the North Dakota Public Service Commission granting a Route Permit for its ambitious CO2 pipeline project. This decision signifies the culmination of an exhaustive review process aimed at balancing economic growth with the interests of local communities, stakeholders, and landowners. The permit sets the stage for […]

Aramco shakes up energy market with game-changing hydrogen investment

Aramco shakes up energy market with game-changing hydrogen investment

Aramco, a global leader in integrated energy and chemicals, has announced its acquisition of a significant equity stake in Blue Hydrogen Industrial Gases Company (BHIG), based in Jubail. This transaction, pending standard closing conditions, includes options for hydrogen and nitrogen offtake for Aramco, highlighting a significant stride in its green energy initiatives. In a strategic […]

SLB and Aker Carbon Capture seal industrial decarbonization JV deal

SLB and Aker Carbon Capture seal industrial decarbonization JV deal

In a landmark development for the carbon capture industry, SLB (formerly Schlumberger Limited) and Aker Carbon Capture (ACC) have officially closed their much-anticipated joint venture (JV), setting the stage for enhanced industrial decarbonization efforts on a global scale. The deal, valued at approximately NOK 4.12 billion (around USD 440 million), sees SLB acquiring an 80% […]

CO280, Aker Carbon Capture, and Microsoft partner to scale carbon removal in North America

CO280, Aker Carbon Capture, and Microsoft partner to scale carbon removal in North America

In a significant move to enhance carbon removal technologies across North America, CO280 and Aker Carbon Capture have entered into a strategic partnership with Microsoft. The collaboration aims to scale up the entire value chain of carbon removal by capturing and permanently sequestering biogenic CO2 at pulp and paper mills, a sector with a carbon […]

Aker Carbon Capture and SLB to merge carbon capture ventures

Aker Carbon Capture and SLB to merge carbon capture ventures

In a landmark move aimed at propelling industrial decarbonization efforts forward, Aker Carbon Capture ASA (ACC) and SLB have officially announced their agreement to merge their carbon capture ventures. This strategic alliance is poised to significantly enhance the commercial deployment of carbon capture technologies on a global scale, signaling a major step towards achieving Net […]

Aker Carbon Capture advances carbon capture technology with new European contract

Aker Carbon Capture advances carbon capture technology with new European contract

Aker Carbon Capture, a pioneering company in the carbon capture and storage (CCS) industry, has recently been awarded a contract to conduct a feasibility study for integrating carbon capture technologies at multiple biomass and waste-to-energy facilities across Europe. The contract, awarded by a leading European developer, aims to explore the potential of Aker Carbon Capture’s […]

MAN Energy, Aker Carbon Capture collaborate on power-to-fuel feasibility study

MAN Energy, Aker Carbon Capture collaborate on power-to-fuel feasibility study

MAN Energy Solutions has awarded a significant feasibility study to Aker Carbon Capture, aiming to develop a joint power-to-fuel solution. This study marks an extension of Aker Carbon Capture’s partnership with MAN Energy Solutions, delving into the integration of the Just Catch 100 unit into a comprehensive power-to-fuel solution. Integrating Just Catch 100 for Efficient […]

Aker Carbon Capture, Aramco partner for carbon capture technology in Saudi Arabia

Aker Carbon Capture, Aramco partner for carbon capture technology in Saudi Arabia

In an effort to address the challenges of carbon emissions and bolster the Kingdom’s net-zero emission ambitions, Aker Carbon Capture and Aramco have inked a Memorandum of Understanding (MoU). This partnership will focus on carbon capture, utilization, and storage (CCUS), alongside industrial modularization in Saudi Arabia. Over the span of two years, the MoU aims […]

ExxonMobil and Mosaic Materials to advance new carbon capture technology

ExxonMobil and Mosaic Materials to advance new carbon capture technology

US oil and gas giant ExxonMobil and California-based start-up Mosaic Materials have partnered to evaluate a new carbon capture technology that can remove carbon dioxide from emissions sources using advanced chemistry. Mosaic Materials has developed a process that makes use of porous solids, known as metal-organic frameworks, to separate carbon dioxide from the air or […]