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DOE to offer $2.5B for carbon capture projects at power plants, industrial sites
Category: Business News
The Department of Energy will provide $2.52 billion in funding for two carbon capture programs, with additional funding possible later, the agency said Thursday. Through its Carbon Capture Demonstration Projects Program, DOE is offering $1.7 billion for about six commercial-scale carbon capture projects integrated with carbon transportation and geologic storage infrastructure. The program focuses on […]
Source: UtilityDive
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Exxon to use Honeywell carbon capture tech at hydrogen facility
Category: Business News
NEW YORK, Feb 15 (Reuters) – Exxon Mobil Corp (XOM.N) will use technology from Honeywell International Inc (HON.O) to capture carbon dioxide at a proposed hydrogen production facility in Texas, Honeywell said. Honeywell said the technology would enable Exxon to capture about 7 million tons of carbon dioxide (CO2) per year, equivalent to emissions from […]
Source: Reuters
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Air Products Opens New Offices in New York State and Alberta, Canada
Category: Business News
Air Products (NYSE: APD) today announced plans to broaden its Americas presence by establishing two new Project Delivery offices in Edmonton, Alberta, Canada and Buffalo, New York (NY). “Given the increasing number of projects in the United States and Canada, and the evolving footprint of our industrial gas business, additional offices in these locations will […]
Source: Air Products
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LNG to Play a Leading Role in the Energy Transition ABS Chairman, President and CEO Tells USCG Leaders
Category: Business News
(HOUSTON) The critical role of LNG in meeting shipping’s decarbonization goals was detailed by Christopher J. Wiernicki, ABS Chairman, President and CEO in a keynote speech to U.S. Coast Guard (USCG) leaders at the Liquefied Gas and Alternative Fuels Senior Executive Forum. “We are going to have to begin to balance what we’re facing today, […]
Source: ABS
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Equinor: Gas discovery in the Norwegian Sea
Category: Business News
Equinor and partners Wintershall Dea and Petoro have made a commercial gas discovery in production licence 1128 estimated at between two and eleven billion standard cubic metres of recoverable gas, or about 12.6-69.2 million barrels of oil equivalent. Exploration wells 6605/1-2 S&A in the Norwegian Sea were drilled by the Deepsea Stavanger drilling rig. The […]
Source: Equinor
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