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Mitsubishi Corporation and ExxonMobil sign Project Framework Agreement to advance world’s largest low-carbon hydrogen project
Mitsubishi Corporation and Exxon Mobil Corporation have signed a Project Framework Agreement for Mitsubishi Corporation’s participation in ExxonMobil’s facility in Baytown, Texas which is expected to produce virtually carbon-free hydrogen with approximately 98% of carbon dioxide (CO2) removed and low-carbon ammonia. Under the terms of the agreement, the companies will advance discussions regarding Mitsubishi Corporation’s
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Kimray and Kathairos Forge Strategic Partnership to Deliver Zero-Emission Solutions for the Oil and Gas Industry
Kimray and Kathairos, have announced a strategic partnership aimed at providing scalable zero-emissions solutions to oil and gas operators. Together, Kimray and Kathairos are powering two critical processes of our time – energy production and energy decarbonization. Their collaboration provides the energy industry with a path to meeting both voluntary and mandatory emissions targets. A Singular Solution for
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BBVA creates a sustainability hub in Houston to finance the U.S. energy transition
BBVA Group has opened a new office in Houston with the aim of leading the financing of the energy transition in the United States. This move to support its sustainability is spurred by the BBVA´s Group´s plans for growth in the country and forms part of its Corporate & Investment Banking (CIB) operations in the
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Baker Hughes Launches CarbonEdge™, a Digital End-to-End Solution to Mitigate Risk, Optimize Operations and Streamline Reporting for CCUS Projects
Baker Hughes has announced the launch of CarbonEdge™, powered by Cordant™, the first end-to-end, risk-based digital solution for CCUS operations that provides comprehensive support for regulatory reporting and operational risk management. With an intuitive, integrated dashboard, CarbonEdge delivers precise, real-time data and alerts on carbon dioxide (CO2) flows across CCUS infrastructure, from carbon capture and
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Samp closes €6M round for AI-generated industrial digital twin solution
AI-digital twin solution Samp has closed a €6 million fundraising round. Founded in 2019 by Shivani Shah (ex-CEA) and Laurent Bourgouin (ex-Dassault Systèmes), Samp has developed a AI-generated digital twin “Shared Reality” solution that helps industrial sites adapt to the growing imperatives of sustainability, safety, and staff shortages. It establishes a constant understanding of sensitive industrial sites in a matter of
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1PointFive’s South Texas Direct Air Capture Hub Awarded U.S. Department of Energy Funding
1PointFive, a wholly owned subsidiary of Occidental, announced today that the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) will provide up to $500 million to support the development of the South Texas Direct Air Capture (DAC) Hub. The award is a milestone in furthering commercial-scale DAC in the United States and validation
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X-ELIO supports Google on its path to decarbonisation with a 128 MW PPA in Texas
X-ELIO, a global leader in the renewable energy sector, has signed with Google a Power Purchase Agreement (PPA) for 128 megawatts of sustainable electricity from X-ELIO’s Bell Solar PV Plant located in Texas, US. The solar farm is expected to start operations in the second half of 2025, with a total capacity of 128 MW, which
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B.C. cuts harmful methane emissions from oil and gas sector
The Province is building on the progress it has made to cut harmful methane emissions by strengthening its regulations for the oil and gas sector. These regulations will help to make B.C.’s economy cleaner and protect people and communities from the adverse effects of climate change. “British Columbians are on the front lines of climate change, facing
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Pa. secures $76M in federal funding to boost oil/gas well-plugging program
The Shapiro Administration this week announced it has secured $76,406,474 in federal funding from the Biden-Harris Administration to address the plugging of orphaned and abandoned oil and gas wells, advancing its ongoing efforts to protect public health, reduce methane emissions that contribute to climate change — and create good-paying Pennsylvania jobs. The Pennsylvania Department of
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Khaled bin Mohamed bin Zayed Witnesses Signing Ceremony for ADNOC and ExxonMobil Partnering in World’s Largest Low-Carbon Hydrogen Facility
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has witnessed the signing of an agreement that ADNOC will acquire a 35% equity stake in Exxon Mobil Corporation’s (NYSE: XOM) proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas. The
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Carbon Clean and Petronas CCS Solutions ink MOU
Carbon Clean, a leader in revolutionising carbon capture solutions, today announced a Memorandum of Understanding with PETRONAS CCS Solutions , a subsidiary of Petroliam Nasional Berhad (PETRONAS) to jointly collaborate and evaluate Carbon Clean’s carbon capture and storage (“CCS”) technology. Under the MOU, Carbon Clean and PCCSS will collaboratively assess carbon capture technology, aiming to
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Weatherford Announces Acquisition Of Datagration
Weatherford International has announced the acquisition of Datagration Solutions an innovator in unified data integration, analytics, and machine learning. The acquisition establishes Weatherford as having one of the industry’s most capable and contemporary digital offerings for production and asset optimization and demonstrates its commitment to continuously driving innovation across its technology portfolio. The integration of Weatherford’s
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