Carbon Management
Quick wins on cutting methane dogged by a slow transition
The pledge to cut methane emissions by 30% below 2020 levels by 2030 has been signed by 159 countries plus the EU. Many of them have developed, or are working on, methane action plans, and billions of dollars have been committed to the effort.
Carbon Clean and SAMSUNG E&A to accelerate global deployment of carbon capture solutions
The partnership brings together Carbon Clean’s patented CycloneCC™ technology, a fully modular, columnless carbon capture system, with SAMSUNG E&A’s deep EPC expertise and AHEAD execution model to deliver compact, pre-fabricated systems that can be deployed faster, at lower cost, and with minimal site disruption.
Portugal's chemicals sector needs to spend $35 B on decarbonization, industry group says
The sector currently invests an average of around €1 B per year in growth, manufacturing processes, and energy efficiency, but only a portion is targeted at decarbonization.
Airbus and Cathay form co-investment partnership for scaling SAF adoption
Under the terms of the partnership, the two companies will collaborate to identify, evaluate and invest in projects that support the scaling of SAF production towards 2030 and beyond. Projects will be assessed based on their commercial viability, technology maturity, and potential for long-term offtake.
Baker Hughes to supply key technology for Blue Point Number One Ammonia Plant (U.S.)
Baker Hughes’ critical technology solutions will enable the Blue Point Number One Ammonia Project to produce blue ammonia through an autothermal reforming (ATR) process along with an integrated CCS system designed to sequester up to 2.3 metric MMtpy of carbon dioxide (CO2).
Resonac to convert fuel for power generation facility from petroleum coke to city gas and hydrogen
Resonac Corporation is converting the fuel for in-house power generation facilities at one of its key sites, the Kawasaki Plant (Kawasaki City, Kanagawa Prefecture), from petroleum coke to city gas and hydrogen.
Ukrainian strikes on Russian refineries drive fuel price rise in Tajikistan
Monitoring on Friday showed that fuel prices in Tajikistan's capital, Dushanbe, had risen significantly since the beginning of October.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
