News

Carbon Centric AS ("Carbon Centric") and Fidelis New Energy Europe ApS ("Fidelis") have signed a letter of intent to safely and permanently store CO2 emissions of Carbon Centric's clients', utilizing Fidelis' recently announced Norne Carbon Storage Hub ("Norne") in Denmark.

Baker Hughes, an energy technology company, has announced the launch of its latest product for hydrogen – Druck hydrogen-rated pressure sensors.

Innovaer Technologies, in partnership with Cubic Sensors & Instruments, announced that they will be launching two new innovative methane detection technologies to support the Global Methane Pledge in reducing greenhouse gas emissions 30% by 2030.

CFT-Green is a novel valve stem spring loaded seal developed by Celeros Flow Technology, consisting of a metal spring along with a sealing element.

When discussing technological advancements, the conversation is not limited to Bluetooth/WiFi Application Programming Interfaces (APIs) and Open Communication Protocols for inspection equipment.

Equinor has acquired a 25 percent interest in Bayou Bend CCS LLC, positioned to be one of the largest US carbon capture and storage projects located along the Gulf Coast in Southeast Texas.

FuelCell Energy, Inc. and ExxonMobil Technology and Engineering Company (EMTEC) have agreed to extend their ongoing joint development agreement through March 31, 2024.

Nodal Power, a company that develops and operates landfill gas to energy power plants, announced that it has raised a $13 million seed round to aggressively mitigate methane emissions at landfills.

At a conference on the Master Plan Announcement and Investment Promotion of Long An Province, Vietnam, Energy Capital Vietnam (ECV), SaigonTel (HOSE: SGT), Allotrope Partners LLC, Chart Industries, Inc., and Babcock & Wilcox signed a cooperation agreement to develop Vietnam's first net zero industrial parks and advance its national carbon emissions goals.

Advanced Ionics, the developer of a new category of hydrogen electrolyzers useful for expanding green hydrogen production, closed a $12.5 million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate.