Company News

Industrial technology company ZL Innovations, creators of the "Zero Leak, Zero Emissions, Zero Maintenance" magnetic circuit-based valve system, has introduced sustainable magnetic valve technology as a vital component in curbing fugitive emissions in Energy and Chemical industrial processes.

Dark Pulse, Inc., a technology company focused on the manufacture, sale, installation, and monitoring of laser sensing systems based on its patented BOTDA dark-pulse sensor technology (the “DarkPulse Technology”) which provides a data stream of critical metrics for assessing the health and security of infrastructure, announced the launch of its Precise Point Emissions Services utilizing “around the block or around the world” capabilities.

Outokumpu signed a new deal on three cargo vessels with Langh Ship to reduce CO2 emissions in transports. Outokumpu has agreed with its long-term transport partner, Finnish shipping company Langh Ship to replace the current three cargo vessels with new ships.

The United Arab Emirates has announced the UAE Net Zero by 2050 Strategic Initiative, a national drive to achieve net-zero emissions by 2050, making the UAE the first Middle East and North Africa (MENA) nation to do so.The initiative, announced at Expo 2020 Dubai with the attendance of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, aims to underpin dynamic economic growth alongside positive environmental impact.Commenting on the announcement, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, said, "We are committed to seize the opportunity to cement our leadership on climate change within our region and take this key economic opportunity to drive development, growth and new jobs as we pivot our economy and nation to net zero.

Chevron Corporation (CVX) issued an updated climate change resilience report that further details the company’s ambition to advance our lower-carbon future.

Pembina Pipeline Corporation (TSX: PPL) (NYSE: PBA) is pleased to announce its commitment to reduce the company's greenhouse gas ("GHG") emissions intensity by 30 percent by 2030, relative to baseline 2019 emissions.

Shell Ventures and BlueAlp Holding announced a new partnership to develop and deploy plastic waste to chemical feedstock technology.

S&P Global Platts announced that it will launch the first ever daily carbon offset premiums alongside monthly carbon intensity calculations for 14 major crude fields around the world.

Eni and the International Renewable Energy Agency (IRENA) have entered a three-year partnership agreement to collaborate in the promotion of renewable energy and accelerate the energy transition, particularly in countries that export fossil fuels.

Ahead of COP26 talks in November, the United States. and the European Union announced a commitment to cut their methane emissions 30% by the end of the decade, and are rallying other governments to join them.