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The IEA in 2024: Reviewing the Year
Carbon Capture
22-04-2025
US-UK Startups Debut ‘First’ Emissions and Carbon Capture System
STAX Engineering, a California-based maritime emissions control company, and Seabound, a UK-based onboard carbon capture firm, have successfully demonstrated an integrated emissions and carbon capture solution. The modular system, tested at the Port of Lo
Carbon Capture
21-04-2025
US Energy Expands Carbon Capture Assets With New Acquisition
U.S. Energy Corporation has expanded its industrial gas and carbon capture platform in Montana by acquiring a privately held company for $0.2 million. The acquisition includes approximately 2,300 net acres with carbon dioxide (CO2) rights, adjacent to U.S
Net Zero
18-04-2025
EU Recognises Talga’s Luleå Refinery as Net-Zero Strategic Project
Talga Group, a battery materials and technology company, has been granted net-zero strategic project status for its18 its Luleå Anode Refinery in Sweden. This designation, awarded by the Swedish Agency for Economic and Regional Growth under the
Carbon Storage
18-04-2025
Cross-Border CO2 Storage Customer Booked for Denmark’s Project Greensand
INEOS, representing Project Greensand, has entered into an agreement with Öresundskraft Kraft & Värme to investigate storing CO2 from Sweden at the Greensand offshore facility in the Danish North Sea, with operations planned to begin
Carbon Emissions
18-04-2025
Taiwan Reports 2023 Greenhouse Gas Emission Decline
In 2023, Taiwan’s greenhouse gas emissions decreased by 4.64% compared to 2005 levels, according to the Ministry of Environment. The Taipei City Department of Environmental Protection explains that greenhouse gases, which trap heat in the Earth&
Net Zero
18-04-2025
Norway’s Largest Zero-Emission Ferry Sets Sail
The construction of Norway’s largest zero-emission ferry, named Hinnøy, has been finalized at Cemre Shipyard in Türkiye. On April 15, 2025, the vessel began its journey to Norway, three years after Torghatten Nord, a Norwegia
CCS
17-04-2025
‘World’s Largest’ LCO2 Carrier Hits the Water
On April 15, 2025, HD Hyundai Mipo, a South Korean shipbuilder, launched a 22,000 cubic meter (cbm) liquefied CO2 (LCO2) carrier off the coast of Ulsan, South Korea. Ordered by Greek shipping company Capital Clean Energy Carriers, the vessel is described
Net Zero
17-04-2025
Norway Scales up Maritime Climate Rules With New Zero-Emission Targets
Norway is advancing its environmental goals with new zero-emission requirements for maritime tourism and ferry operations, alongside a proposed target to reduce greenhouse gas (GHG) emissions. These measures aim to support sustainable practices in the mar
Carbon Capture
16-04-2025
Japan’s MHI Confirms Joint Study for FPSO CO2 Capture Modules With SBM Offshore
Single Buoy Moorings, a subsidiary of Netherlands-based SBM Offshore, has partnered with Japan’s Mitsubishi Heavy Industries (MHI) Group to conduct a study on integrating CO2 capture modules into future floating production, storage, and offloadi
Carbon Storage
15-04-2025
MAN Energy Provides Gensets for North Sea CO2 Carrier
Royal Niestern Sander shipyard in the Netherlands has commissioned two 16V175D MEM engine gensets from MAN Energy Solutions for the Easymax 5, a multi-purpose vessel. The ship is under construction for Wagenborg Operator, a Dutch logistics company, and wi
Carbon Storage
14-04-2025
TGS Releases Gulf Coast Carbon Storage Dataset
TGS, an energy and data intelligence firm, has announced the release of its latest dataset focused on carbon storage in the Gulf Coast region. The Central Gulf Coast–Haynesville CO2 Storage Assessment completes the company’s extensive
CCS
11-04-2025
Perenco Completes UK’s First CO2 Injection Test for CCS
The UK has achieved a significant milestone with the successful completion of its first Carbon Dioxide (CO2) injection test for Carbon Capture and Storage (CCS). This accomplishment, led by Perenco UK and supported by Petrodec, marks a key step toward the
Carbon Capture
11-04-2025
MAN 175D Engines Selected for Carbon Capture Storage Application
The Royal Niestern Sander shipyard in the Netherlands has secured a contract to supply two MAN 16V175D MEM engines, each delivering 2,400 kWm at 1,800 rpm, for a new Multi-Purpose Vessel, Easymax 5, commissioned by Dutch company Wagenborg Operator. These
CCS
11-04-2025
ClassNK Okays Mitsubishi Shipbuilding’s Onboard Carbon Capture and Storage System
Mitsubishi Shipbuilding, a division of Japan’s Mitsubishi Heavy Industries (MHI) Group, has received approval in principle (AiP) from Nippon Kaiji Kyokai (ClassNK), a Japanese classification society, for its onboard carbon capture and storage sy
Net Zero
10-04-2025
Planning Approved for Net-Zero Cement Factory
Heidelberg Materials UK has received approval to construct a carbon capture facility at its Padeswood cement works in Flintshire, north Wales, advancing its goal to establish the UK’s first net zero cement plant. The decision, granted by Plannin
CCS
10-04-2025
Flying Colors as UK’s First CO2 Injection Test Crosses Finish Line
A partnership between Perenco UK, Carbon Catalyst, and Harbour Energy has successfully completed the UK’s first CO2 injection test at a carbon capture and storage (CCS) site in the North Sea. This site includes the Leman gas field, recognized as
Net Zero
09-04-2025
NKT’s Power Cable Factory Expansion Named EU’s First Net-Zero Strategic Project
NKT, a Danish company specializing in power cables and installation, has achieved a milestone with its factory expansion in Karlskrona, Sweden. The project has been designated as the first European net-zero strategic initiative under the EU Net-Zero Indus
Carbon Capture
08-04-2025
Taiwan’s Foxconn Enters Carbon Capture Market
Foxconn, a major technology manufacturer, has teamed up with Pace, a UK-based company, and other partners to venture into the carbon capture market, as announced in a press release on Monday. This move aligns with growing global efforts to address climate
Carbon Capture
08-04-2025
Occidental’s 1PointFive Receives Permits to Sequester CO2 at Texas Facility
Occidental Petroleum’s unit, 1PointFive, announced on Monday, April 7, 2025, that the U.S. Environmental Protection Agency (EPA) has approved its application to store carbon dioxide captured from its direct air capture (DAC) facility, Stratos, i
CCS
08-04-2025
US EPA Approves Texas’ First CO2 Injection Well
The U.S. Environmental Protection Agency (EPA) granted Texas its first permit for carbon dioxide injection and storage on Monday, April 7, 2025. Occidental’s Oxy Low Carbon Ventures received this Class VI permit to drill three CO2 wells in Ector
Carbon Storage
07-04-2025
Partners Testing Feasibility of CO2 Storage at Mature Oil Field off Australia
In early 2025, Japanese engineering firm Chiyoda Corporation and Knutsen NYK Carbon Carriers (KNCC), a partnership between Japan’s NYK and Norway’s Knutsen Group, secured a contract to conduct a feasibility study for a carbon capture a
CCS
02-04-2025
Japanese Players Join Forces to Expedite CCS Project Development
Japan’s Inpex Corporation and Kanto Natural Gas Development have formed a joint venture, named Metropolitan CCS JV, to advance research and planning for a carbon capture and storage (CCS) project. Commissioned by the Japan Organization for Metal
Carbon Emissions
01-04-2025
Brazil’s Petrobras, Bndes Partner to Buy Carbon Credits in Amazon Region
Monday's news highlights a significant collaboration between Petrobras (PETR4.SA) and BNDES, two major players in Brazil's oil and development sectors. Together, they have launched the ProFloresta+ program, designed to support forest resto
CCS
28-03-2025
Northern Lights CCS Project Secures $710M for Phase Two Expansion
Equinor, Shell, and TotalEnergies have decided to invest NOK7.5bn ($710m) in the next phase of the Northern Lights carbon capture and storage (CCS) project.The Northern Lights Carbon Capture and Storage facilities at Øygarden outside of Bergen.
Carbon Storage
28-03-2025
Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion
Shell (SHEL.L), Equinor (EQNR.OL)and TotalEnergies (TTEF.PA)said on Thursday they will invest 7.5 billion Norwegian crowns ($713.66 million) into expanding their flagship carbon storage project in western Norway after securing a new customer deal.The logo
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The IEA in 2024: Reviewing the Year
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