ExxonMobil buys carbon capture company Denbury Inc for $4.9 bn

Image for Representation Purpose. Image: Wikimedia

Oil giant ExxonMobil has agreed to buy carbon capture company Denbury Inc for $4.9 billion in a bid to accelerate its energy transition business, the company said in a release. "Ac...

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Petronas, TotalEnergies sign deals on carbon storage in Malaysia, solar power in Australia

Power from the Australian solar project will be sent to gas company Gladstone LNG. Image courtesy: Petronas

French energy giant TotalEnergies and Malaysian petroleum powerhouse Petronas have signed two independent deals at the Energy Asia event in Kuala Lumpur, strengthening ties between...

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JPMorgan Chase announces $200 million in CDR deals

JPMorgan Chase on Tuesday announced it will spend $200 million to help scale the growth and development of carbon dioxide removal (CDR) technologies. The US banking behemoth aims t...

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Twelve and Alaska Airlines partner with Microsoft to advance SAF derived from recaptured CO2 & RE

Carbon transformation company Twelve, Alaska Air Group Inc., and Microsoft Corp. have signed a Memorandum of Understanding (MOU) to collaborate on advancing the market for sustaina...

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Itron Inc., Microsoft expand collaboration to accelerate the energy transition

Itron, Inc. which is innovating the way utilities and cities manage energy and water is expanding its long-term collaboration with Microsoft to accelerate cloud adoption and the ne...

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ONGC, Norway’s Equinor ink pact to co-operate on E&P, clean energy

Oil and Natural Gas Corporation Limited (ONGC) has announced that it has signed a Memorandum of Understanding (MoU) with Equinor ASA, the Norwegian state-owned multinational energy...

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IIT Guwahati, NTPC to develop new tech for capturing CO2 at power plants

The Indian Institute of Technology (IIT) Guwahati has announced that it has partnered with NTPC Limited to design and develop a highly energy-efficient plant to capture carbon diox...

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RINA, Fincantieri inks MoU for R&D in alternative fuels, carbon capture, and RE

RINA and Fincantieri have announced that they have signed a memorandum of understanding to develop synergies in the field of decarbonization, with a focus on alternative fuels, car...

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India to set up NCoE for CCU tech at IIT-Bombay and JNCASR, supported by DST

Ministry of Science & Technology, India has announced that two National Centres of Excellence in Carbon Capture and Utilization (CCU) are being established. The two Centres, na...

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