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United signs agreement to buy up to one billion gallons of sustainable aviation fuel from Cemvita
According to an article in Businesswire, United Airlines, and Cemvita have announced an offtake arrangement in which United has agreed to purchase up to 1 billion gallons of sustainable aviation fuel (SAF) from Cemvita’s SAF plant. As a part of the agreement, Cemvita will provide 50 million gallons of its SAF product to United annually
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1PointFive and Amazon announce 10-year carbon removal credit purchase agreement
1PointFive revealed that Amazon has committed to acquiring 250,000 metric tons of carbon dioxide removal (CDR) credits over the span of a decade. This agreement represents a significant step forward in endorsing Direct Air Capture (DAC) as an effective means of addressing carbon emissions and supporting organizations in pursuing climate objectives, reported in a news
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California passes first-in-nation law requiring big companies to report all emissions
According to Reuters, California’s state Senate approved a bill requiring large companies to report their carbon footprints, sending the bill to Governor Gavin Newsom whose office said he must decide by Oct. 14 whether to sign it and get ahead of the federal government in setting corporate climate rules. “A major step for climate action,
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Decarbonizing refining: TotalEnergies launches a call for tenders for the supply of 500,000 tons per year of green hydrogen
As part of the drive to decarbonize its European refineries, TotalEnergies is launching a call for tenders for the supply of 500,000 tons per year of green hydrogen. The use of green hydrogen should avoid the emission of around five million tons of CO2 each year from the Company’s European refineries by 2030. TotalEnergies has
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Petrobras to receive OTC award for new well technology
Petrobras PBR will receive the 2023 OTC Brasil Distinguished Achievement Award for its development of a new well construction/intervention technology that combines a moored BOP (blowout preventer) with real-time riser analysis. This award is important because it recognizes PBR’s significant contributions to the development of innovative well technology in the global offshore industry. The award
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SLB, INEOS Energy to collaborate on subsurface technologies with AI capabilities
SLB has signed a subsurface technology partnership with INEOS Energy, the energy division of INEOS; a global chemical and manufacturing company. According to press release. INEOS Energy will partner with SLB’s Performance Centre in Aberdeen, to collaborate and innovate subsurface technologies, including AI capabilities, to help it drive operational performance for continued growth, new acquisitions,
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ABS approves Bumi Armada’s floating concept for carbon storage and injection
According to Offshore Engineer, the American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU). Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liquified carbon dioxide (LCO2) into depleted oil and gas fields or aquifers.
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ADNOC to develop one of the largest carbon capture, storage projects in MENA region
According to World Oil, ADNOC has announced a final investment decision (FID) to develop one of the largest carbon capture projects in the Middle East and North Africa (MENA) region. The pioneering Habshan carbon capture, utilization and storage (CCUS) project will have the capacity to capture and permanently store 1.5 million tonnes per annum (MMtpa)
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US, India launch renewable energy tech platform
According to pv magazine, the US and Indian authorities have jointly launched a renewable energy technology action platform, with an initial focus on green hydrogen, wind power, long-duration energy storage, and the exploration of geothermal energy. The US Department of Energy (DoE) and India’s Ministry of New and Renewable Energy (MNRE) have jointly launched the
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Equinor selects Nauticus Robotics for leak detection technology
According to Offshore Technology, Equinor, a Norwegian state-backed oil and gas company, has selected Nauticus Robotics and its partner Stinger Technology to deploy Nauticus’ proprietary technology for leak detection. US-listed Nauticus is developing ocean robots and artificial intelligence for autonomous services to the marine sectors. The deal aims to demonstrate and qualify Nauticus’ leak detection
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PETRONAS, Microsoft, Cegal partner to accelerate upstream digital innovation with artificial intelligence
According to Offshore Technology, Petronas Digital, the digital arm of Malaysian energy group Petronas, has teamed up with Microsoft and Norwegian IT services provider Cegal to advance digital innovation for the upstream energy value chain. The firms will collaborate to develop Microsoft Azure high-performance computing (HPC), artificial intelligence (AI) infrastructure platform. This platform is expected
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P6 Technologies completes $3.25M seed round, accelerating the ability of transportation fuel and petrochemical companies to measure and reduce product carbon intensity
According to Energycapital, Houston-based investment firm Goose Capital led a $3.25 million round of seed funding revealed recently by Austin-based cleantech software company P6 Technologies. Other participants in the round are Houston-based investment firms Artemis Energy Partners, Tupper Lake Partners, and Veritec Ventures. The seed round represents the first outside funding for P6, which maintains
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