Welcome to the February issue, taking our annual look at developments in the production and use (and, these days, sequestration) of carbon dioxide in markets across the world. It is a fascinating and dynamic time when it comes to CO2. The global decarbonisation drive as the world targets Net Zero has unleashed a wave of innovation in relation to finding applications for CO2, and in the past 12 months huge strides have been made.
BP is dramatically scaling back its energy transition plans, cutting investment in renewables while ramping up oil and gas spending after a 35% drop in annual profits to $8.9bn. The move reflects investor concerns over...
Nigerian and Chinese partners have signed a €7.6bn ($7.9bn) deal to develop a green hydrogen-based methanol project in Akwa Ibom State, Nigeria. It marks one of Africa’s largest hydrogen investments to date.
Dr David Hart, Global Hydrogen Lead at ERM, discusses the opportunity ahead for the Middle East within energy and decarbonisation. He also gives his thoughts on if there is anything within the industrial gases business...
Achieving carbon capture and storage (CCS) projections in UK industry requires establishing more carbon dioxide (CO2) storage facilities and quick build-out of pipelines to connect to sites, according to a statutory report published today in...
Carbon capture technology specialist Mitico has raised $4.3m to accelerate two pilot projects for its granulated metal carbonate sorption carbon capture technology.
UK-based Oxford Flow has secured an order worth nearly $1m from bp for its ES stemless axial flow valves, marking the company’s largest contract to date and a key milestone in its expansion into the...
Siemens Energy will supply two high-efficiency gas turbines for the 1,200 MW (megawatt) Kuo Kuang 2 power plant in Taiwan.
New LNG supply will be limited until the second half of 2025 with Europe’s need to refill gas storage competing with Asian demand, according to Shell’s annual LNG Outlook report.
Cryogenic measurement systems specialist Bluefors has brought its lab services to the US for the first time, having opened a new facility in Chicago.
Kellanova, owner of the Kellogg’s brand, has become the first UK food manufacturer to produce cereal using hydrogen after completing a government-funded fuel-switching demonstration at its Manchester factory.
