Carbon Capture and Storage (CCS)

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Greensand CCS Project Partners Take Final Investment Decision

Ineos and its partners Harbour Energy and Nordsøfonden have taken the final investment decision (FID) into the first commercial phase ‘Greensand Future’ with storage operations in a depleted oil field in the Danish North Sea set to begin at the end of 2025/early 2026.

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Ucaneo Secures Seed Funding

Ucaneo, a provider of innovative direct air capture (DAC) technologies for CO2 removal, has raised €6.75 million in seed funding including grants.

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Air Products to Build Europe’s Largest Blue Hydrogen Plant

Air Products unveiled plans for a carbon capture facility at its Rotterdam plant, intending to generate "blue" hydrogen for ExxonMobil's refinery and other clients. Anticipated to become Europe's largest upon its scheduled completion in 2026, this initiative will play a pivotal role in substantially reducing carbon dioxide emissions in Rotterdam, aligning with the Dutch climate objectives.

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Consortium Plans Carbon Capture in Singapore

Air Liquide, Chevron, PetroChina and Keppel Infrastructure are planning to form a consortium that will explore the development of large-scale carbon capture, utilization and sequestration (CCUS) solutions and integrated infrastructure in Singapore.

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ExxonMobil Invests in Carbon Capture at US Sites

ExxonMobil is expanding its carbon capture and storage (CCS) capabilities at two sites in the US, namely Baytown in Texas, and LaBarge in Wyoming. The projects are part of plans to reduce CO2 emissions and reach a target of net zero across its operations by 2050.

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Renewable Hydrogen

To take advantage of the opportunity hydrogen presents, the European chemical industry must engage in the emerging hydrogen market now, setting up specific pilots, develop an appropriate partner and ecosystem network and, most crucially, adapt the R&D portfolios and investment plans needed to capture a share of the hydrogen opportunity.

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