The environment

MAIRE has announced that NEXTCHEM S.p.A. has signed a new €125 million loan agreement, strengthening its funding power to support investments in technological innovation and R&D.

Japan is falling short of its ambitious renewable energy targets, according to analysis from Cornwall Insight.

Shell Catalysts & Technologies has announced that the CANSOLV CO2 Capture System will play a key role in Net Zero Teesside Power (NZT Power), after the landmark UK project took its Final Investment Decision (FID) and prepares for construction.

MET Group has allocated 70% of its capital expenditure to green projects, achieving a 72% increase in renewable energy output in 2023.

SAMSUNG E&A has announced that it secured the contract for a biorefinery that will have the capability to produce sustainable aviation fuel (SAF) and other biofuels.

Baker Hughes and the University of California, Berkeley have announced a new long-term research partnership to establish the Baker Hughes Institute for Decarbonisation Materials at UC Berkeley’s College of Chemistry.

Wood has secured a contract worth around US$17 million from a leading petrochemical company in the Middle East to improve efficiency and reduce emissions on a process manufacturing plant.

Wood will provide integrated project management services for the next phase of the flagship Net Zero Teesside Power (NZT Power) and Northern Endurance Partnership (NEP) carbon capture and storage projects in the UK.

RINA has been awarded a contract by PETRONAS CCS Solutions Sdn Bhd to carry out a pre-FEED study for a groundbreaking carbon capture and storage (CCS) project in Malaysia.

Northern Endurance Partnership (NEP) has announced financial close on the first carbon capture and storage (CCS) project in the UK and will proceed to the execution stage.

Zeeco Inc. has announced the expansion of its collaboration with ClearSign Technologies Corp. to launch a co-branded process burner line that significantly reduces industrial process emissions.

INEOS has announced the Final Investment Decision (FID) to safely and permanently store carbon dioxide from Danish emitters in a depleted oil field in the Danish North Sea.

Oxford Flow has secured US$25 million in Series C funding, co-led by BP Ventures and Energy Impact Partners (EIP), to drive the company’s mission to tackle fugitive emissions and advance energy transition technologies.

Aramco has signed a collaboration agreement with Carbon Clean and SAMSUNG E&A to demonstrate a new carbon capture technology.

Sakota Spirit, a Harvestone Low Carbon Partners company (HLCP), has announced the successful installation and operation of Alfa Laval's Prodec Oil Plus centrifuge technology, designed to optimise oil recovery at the plant.