News

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.

According to the International Energy Agency's latest report, the United Kingdom (UK) has made significant progress in reducing emissions.

Thyssenkrupp announced today that it plans to drastically cut its carbon dioxide  (CO2) emissions over the next decade, and will look into more efficient ways to produce its main product - steel.

The Commonwealth Scientific and Industrial Research Organization (CSIRO) has partnered with the University of British Colombia (UBC) in Canada on a Memorandum of Understanding, in response to the Mission Innovation’s Renewable and Clean Hydrogen Innovation Challenge. The Mission Innovation is made up of more than twenty-three countries across the world.

Guangdong Carbon Capture Testing Platform Project (GCCT), is the first multi-technology international carbon capture technology testing platform in Asia, designed and constructed GEDI.The opening of the facility marks a new stage of carbon capture technology research in Guangdong, which is of milestone for China in promoting carbon dioxide emission reduction and handling climate change. The project consists of a flue gas pre-treatment system, amine absorption and membrane separation carbon capture system, compression and purification system and several auxiliary systems.

Oxy Low Carbon Ventures, a subsidiary of Occidental, and Carbon Engineering are moving forward with the engineering and design of a Direct Air Capture (DAC) and sequestration facility.

Wabash Valley Resources recently closed an investment from Oil and Gas Climate Initiative (OGCI) for what is expected to be the United States' largest carbon capture and sequestration (CCS) project thus far.

ExxonMobil is continually progressing its growth plans to increase earnings and cash flow potential by researching technology breakthroughs to reduce emissions, Darren Woods, Chairman and CEO, told shareholders during the company’s annual meeting.