
First Gateway for Carbon Storage in the EU
Construction Begins on Ineos’ Project Greensand CO₂ Transit Terminal at Port Esbjerg
Construction Begins on Ineos’ Project Greensand CO₂ Transit Terminal at Port Esbjerg
JFE Steel, Mitsubishi Gas Chemical, and Mitsubishi Chemical collaborate to develop a carbon recycling supply chain at Mizushima Complex.
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.
Ucaneo, a provider of innovative direct air capture (DAC) technologies for CO2 removal, has raised €6.75 million in seed funding including grants.
Denmark’s North Sea subsoil now hosts a safe and efficient CO2 storage facility, thanks to Project Greensand. The 23 partners have successfully completed the pilot phase, demonstrating the project’s viability and readiness.
CF Industries Holdings recently announced that it is moving forward with a carbon capture and sequestration (CCS) project at its Yazoo City, Mississippi, Complex that is expected to reduce the facility's carbon dioxide (CO2) emissions by up to 500,000 metric tons annually.
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.
ExxonMobil has acquired Denbury, a carbon capture, utilization, and storage (CCUS) and enhanced oil recovery company. The all-stock transaction is valued at €4.5 billion.
Dutch storage operator Vopak and Malaysian energy company Petronas have signed a Memorandum of Understanding (MoU) to develop carbon capture and storage (CCS) in Southeast Asia.
Chemical parks are locations of intensive value creation. They are a driver for sustainable development with a high economic, ecological and social impact.
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.
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.
US green technology company Vertimass has signed a Letter of Intent with Denmark’s European Energy to integrate their technologies for capturing CO2 and converting it into hydrocarbon products, such as renewable fuels and chemicals.
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.