Indonesia allows storage of foreign CO2 to boost carbon capture sector

Indonesia has issued new regulations on carbon capture and storage (CCS), under which CCS operators can earmark 30 percent of their total storage capacity for imported carbon dioxi...

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Daily Shorts: Snam plans H2 pipeline, esVolta gets $170 mn for California energy storage, and more

First Citizens Bank announced it served as the lead agent on a $170 million credit facility extended to esVolta, a company that develops, owns and operates utility-scale battery en...

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IIT researchers crack CO2-to-CO method that could help decarbonize industry

India has granted researchers at IIT Bombay a patent for technology that converts CO2 into CO or carbon monoxide, in a process that holds huge potential for carbon capture and ener...

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Daily Shorts: Brookfield buys Banks' RE unit, ADNOC deploys CCS at select plants, and more

Canadian company Brookfield is buying the renewable energy division of UK-based Banks Group, the companies announced. The size of the transaction was not disclosed, but a report in...

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Weekend Roundup: EU may ask COP28 to phase out oil & coal, Italy gets 16 MTPA carbon storage capacity, and more

The EU could push for a global deal to phase out fossil fuels at COP28, a review of the bloc's draft negotiating position shows. Almost 200 countries are expected to attend the cli...

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Aramco partners with Aker Carbon Capture to deploy CCUS modular solutions in Saudi Arabia

Norway-based Aker Carbon Capture and Aramco, one of the world's leading integrated energy companies, have signed a deal to explore partnership opportunities to deploy car...

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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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Asia's largest coal-linked carbon capture unit comes on stream in China

 China has operationalized the largest coal-linked carbon capture, utilisation and storage (CCUS) facility in Asia, Reuters reports, citing a report on broadcaster China Centr...

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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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