Industry News
BREAKING : Occidental Enters into Agreement to Acquire Direct Air Capture Technology Innovator Carbon Engineering – Approx $1.1 Billion
Integration of Occidental’s operations experience and Carbon Engineering’s technology improves cost and capital efficiencies, and enables Occidental to catalyze broader partnerships for DAC deployment HOUSTON, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY)...
BREAKING: Aug 11 – 1PointFive Selected for U.S. Department of Energy Grant to Develop South Texas Direct Air Capture Hub
HOUSTON — August 11, 2023 —1PointFive, a wholly owned subsidiary of Occidental, announced today it was selected to receive a grant from the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) for the development of its South Texas Direct Air...
Enhancing Process Safety in Oil and Gas Facilities with AI-Enabled Explosion-Proof Cameras and NDAA Compliant Chips – Spectrum Camera Solutions
Enhancing Process Safety in Oil and Gas Facilities with AI-Enabled Explosion-Proof Cameras and NDAA Compliant Chips Introduction Safety is paramount in the oil and gas industry, where any lapse in security measures can lead to catastrophic consequences. To address the...
July 19: KBR and Air Liquide to Offer Low Carbon Ammonia Solutions with ATR Technology
KBR and Air Liquide to Offer Low Carbon Ammonia Solutions with ATR Technology Publish Date: 19 Jul 2023 "HOUSTON, July 19, 2023 - KBR (NYSE: KBR) announced today that it will now offer its clients the option to include a fully integrated and flexible Autothermal...
Breaking: July 19 – Energy Northwest and X-energy Sign Joint Development Agreement for Xe-100 Advanced Small Modular Reactor Project
"Project to potentially deploy up to 12 Xe-100 modules, 960 MW of Carbon-Free Power RICHLAND, Washington and ROCKVILLE, Maryland – July 19, 2023 – Energy Northwest, a premier provider of carbon-free electricity, and X-Energy Reactor Company, LLC (“X-energy”), a...
BREAKING: July 17 – Buckeye Partners Acquires Carbon Capture Company Elysian
Buckeye Partners Acquires Carbon Capture Company Elysian CCS Platform Accelerates Buckeye’s Lower-Carbon Solutions Strategy HOUSTON – July 17, 2023 – Buckeye Partners (“Buckeye”) today announced that it has acquired Elysian Carbon Management (“Elysian”) from EnCap...
$3.3 Billion Transaction: Berkshire Hathaway Energy Announces Purchase of Additional Stake in Cove Point LNG
Berkshire Hathaway Energy Announces Purchase of Additional Stake in Cove Point LNG DES MOINES, Iowa – July 10, 2023 – Berkshire Hathaway Energy today announced it has executed an agreement to purchase Dominion Energy’s 50% limited partnership stake in the Cove Point...
Hydrogen Certified Explosion Proof Cameras Are Essential for Ensuring Process Safety
As the hydrogen energy market continues to grow at a rapid pace, it is vital to ensure the highest level of safety in all stages of hydrogen production, storage, and transportation. With the inherent risks associated with hydrogen’s combustibility, integrating...
July 6: $10 Million Investment – bp expands investment in bioenergy, collaborating with US biofuels developer WasteFuel
Source: bp Press Release bp invests $10 million in WasteFuel, which is planning to develop a global network of plants to convert municipal and agricultural waste into bio-methanol, a biofuel which could play a significant role in decarbonizing hard-to-abate sectors...
June 29 Joint news release: BASF and Yara to evaluate low-carbon blue ammonia project at U.S. Gulf Coast
"BASF and Yara to evaluate low-carbon blue ammonia project at U.S. Gulf Coast OSLO, NO – WATERLOO, BE – BASF and Yara Clean Ammonia are collaborating on a joint study to develop and construct a world-scale low-carbon blue ammonia production facility with carbon...