Company News

The United States Senate recently passed the USEIT Act, which will help develop and deploy the next generation of carbon capture and utilization technologies in the country.The USE IT Act would support carbon utilization and direct air capture research.

Tata Chemicals Europe (“TCE”) revealed plans to build the UK’s first industrial-scale CCU Demonstration Plant, which will reduce its carbon emissions, while creating a sustainable supply of carbon dioxide.As first large-scale CCU project of its kind in the United Kingdom, the project also marks a world first in capturing and purifying carbon dioxide from power generation plant emission gases to use as a raw material to manufacture high purity sodium bicarbonate.

The release of methane emissions from drilling has been a ongoing problem for the oil and gas industry, but recent satellite data commissioned by the European Union leans closer to a solution.

Japan has released a long-term climate strategy for climate action. Prior to the United Kingdom's announcement that it would legislate to net zero by 2050, the world’s third largest economy approved a plan stating, 'a carbon-neutral society as the final goal, to be realized at the earliest possible time in the latter half of this century'.The strategy builds on Japan's 2016 pledge to reduce  emissions by 80% by 2050 from 2010 levels, and lays out strategies to innovate in areas such as hydrogen and carbon dioxide capture and utilization.

Research from the University of Texas in Austin has shown that injecting air and carbon dioxide into methane ice deposits buried beneath the Gulf of Mexico could have the potential to unlock natural gas energy resources, while also trapping the carbon dioxide underground.The study was published in the journal Water Resources Research, which used computer models to simulate what would happen when mixtures of carbon dioxide and air were injected into deposits of methane hydrate, a water-rich, almost ice-like chemical compound that forms in high-pressure and low-temperature environments, like the Gulf of Mexico and the Arctic circle.

Air Liquide, a French industrial gas supplier and service company, is building a $140 million USD air separation project in Bay City, Texas.

Equinor and its partners will disclose datasets from the Sleipner field in an effort to advance innovation and development on the field of CO2 storage.The Sleipner field has been used as a facility for carbon capture and storage by Equinor since 1996.

ExxonMobil and Sabic will move forward with construction of a $10 billion USD chemical facility and ethane steam cracker in the San Patricio County of Texas.This joint-venture is referred to as Gulf Coast Growth Ventures, and received its final environmental regulatory approval this month to commence building an ethane steam cracker, two polyethylene units and a monoethylene glycol unit.

ExxonMobil and Global Thermostat have signed a joint development agreement to advance breakthrough technology for capture carbon and concentrate emissions from industrial sources. The companies will evaluate the Global Thermostat’s carbon capture technology for large industrial use.

According to recent reports, a partnership between SW/TCH Maritime and Golden Gate Zero Emission Marine will expedite the launch of the first zero-emission, hydrogen fuel cell ferry in San Francisco, California this fall.