News

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.

An international research team has developed a new technology that accelerate the development of catalysts for lithium-CO2 batteries. These batteries are affordable devices capable of storing energy and capturing harmful emissions.

Japanese chemical manufacturer Kureha is collaborating with Brazil's Petrobras to develop carbon capture at offshore oil rigs. Both hope to create a new way to capture the greenhouse gas and utilize it to make various valuable products, such as batteries

UK announced an investment of £20 billion for the development of carbon capture, utilization, and storage projects in Scotland and the Humber.

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%.

Japan’s Sumitomo Corporation has signed an initial agreement with UAE’s SNOC to develop a carbon capture project in the Emirates.

Indian oil and gas companies are adopting CCUS technologies to achieve India's net zero target by 2070, as highlighted in the Ministry of Petroleum and Natural Gas report. ONGC, IOCL, BPCL, HPCL, and GAIL are leading the transition with ambitious 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.

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.