Norvège

A €21mn European grant, managed by EIB Global, will fund Egyptian projects aimed at cutting industrial emissions and boosting recycling, while a related €135mn loan is expected to raise additional climate investments.
Stockholm Exergi begins construction of a CO₂ capture facility in Stockholm, integrated with the expansion of Northern Lights in Norway, reaching a total storage capacity of 5 million tonnes per year by 2028.

Global carbon coverage reaches 28%, compliance demand triples

Global emissions coverage by carbon pricing systems reaches 28%, driven by expanding compliance markets, where demand nearly tripled within one year, according to a World Bank report.
Vietnam initiates a pilot carbon market targeting steel, cement, and thermal energy industries to prepare for nationwide regulation starting in 2029.
The U.S. Environmental Protection Agency (EPA) proposes granting Texas direct authority to issue carbon dioxide injection permits, potentially accelerating the commercial expansion of geological CO₂ storage projects.

Höegh Evi and Aker BP receive DNV approval for next-generation CO₂ carrier

Höegh Evi and Aker BP received Approval in Principle from DNV for a maritime carrier designed to transport liquefied CO₂ to offshore storage sites in Norway.
Norne and the Port of Aalborg begin construction of a 15 mn tonne per year CO2 terminal, supported by an EU grant.
The Lagos State government has launched a programme to deploy 80 million improved cookstoves, generating up to 1.2 billion tonnes of tradable carbon credits.

Washington cancels $3.7bn in federal subsidies for carbon capture

The US Department of Energy has cancelled 24 projects funded under the Biden administration, citing their lack of profitability and alignment with national energy priorities.
In the United States, the carbon black market faces unprecedented fluctuations in the first half of 2025, driven by declining industrial demand and persistent raw material volatility, casting doubts over the sector's future stability.
European and UK carbon markets paused this week as participants await clarity on future integration of both emissions trading systems.

European Energy and Ammongas launch CO₂ capture project targeting 150,000 tons annually

A consortium led by European Energy has secured prequalification for a Danish carbon capture and storage project in Næstved, aiming to remove 150,000 tons of CO₂ per year under a national subsidy programme.
The joint project by Copenhagen Infrastructure Partners and Vestforbrænding is among ten initiatives selected by the Danish Energy Agency for public carbon capture and storage funding.
Canadian broker One Exchange partners with Stephen Avenue Marketing to create OX CO₂, a carbon trading platform combining digital technology and human expertise.

Russia Challenges European Carbon Taxes at the WTO

Russia has filed a complaint with the World Trade Organization (WTO) challenging the European Union's Carbon Border Adjustment Mechanism (CBAM), deeming it discriminatory and protectionist towards its strategic commodity exports.
BP recommends extending the UK emissions trading system through 2042 and calls for alignment with the European market while supporting the inclusion of carbon removals in the scheme.
Aker takes over Aker Carbon Capture’s stake in SLB Capturi for NOK635mn, ahead of a NOK1.7bn distribution and company dissolution.

Enagás and Calcinor join forces to capture up to 900,000 tonnes of CO2

The partnership aims to develop a full logistics chain for CO2 capture, transport, liquefaction and storage, focused on Calcinor’s industrial operations.
In response to increasingly stringent environmental regulations, the world's leading oil companies are significantly boosting their investments in carbon capture and storage (CCS) technologies, reshaping their industrial and financial strategies.
HYCO1 and Malaysia LNG Sdn. Bhd. have signed a memorandum of understanding for a carbon dioxide (CO2) capture and utilization project in Bintulu, Malaysia, aiming to transform 1 million tons of CO2 per year into low-emission syngas.
Perenco and its partners launch the first UK test for CO₂ injection into a depleted gas reservoir in the North Sea. This experimental phase aims to provide crucial data for the long-term geological storage of CO₂. ##
Captura, in collaboration with Equinor, has commissioned a new pilot facility in Kona, Hawaii, capable of capturing 1,000 tons of CO₂ per year. This milestone marks a key step toward the large-scale deployment of Direct Ocean Capture (DOC) technology.

Lydian accelerates innovation with a CO2-based sustainable aviation fuel technology demonstration

Lydian takes a strategic step forward by demonstrating a technology that uses captured CO2 and renewable electricity to produce sustainable aviation fuel, addressing both civil market demands and critical military needs.
A study published in Scientific Reports reveals new allometric equations dedicated to Colophospermum mopane. These models aim to better manage biomass and encourage decarbonization practices for economic players in the forestry sector.
Carbon dioxide removal strategies are expanding in India with new initiatives and a potential rise in demand in 2025. This article explores the major factors driving this trend and the technological perspectives.

The Clipper Eris becomes the first vessel capable of storing its CO2 at sea

A Norwegian shipowner has equipped an ethylene carrier with an onboard CO2 capture and storage system. The initiative could reduce its greenhouse gas emissions by 70%.
Gigablue and SkiesFifty collaborate to capture 200,000 tons of CO₂ through innovative marine solutions, strengthening aviation's net-zero ambitions.
The Gulf Coast of the United States is developing carbon capture projects to decarbonize its heavy industries, but regulatory and financial challenges are slowing implementation.

Chevron obtains a permit in Australia to explore CO₂ storage over 2,222 km²

Chevron and its partners, Shell and Mobil, are exploring the geological storage of CO₂ off the coast of Australia, a key project for emissions management in the Carnarvon Basin.
The U.S. Department of Energy is funding a 200 million USD project led by Technip Energies and LanzaTech to convert captured CO2 into ethanol and ethylene, reducing the carbon footprint of the chemical industry.
In 2025, China plans to expand its carbon market by integrating steel, cement, and aluminum sectors while introducing new methodologies for carbon credits. A strategic overhaul will also aim to better address international requirements.

Technip Energies wins a billion-dollar contract for a gas-fired carbon capture plant in the UK

Technip Energies, in partnership with GE Vernova and Balfour Beatty, is building the UK’s first gas-fired plant equipped with a carbon capture system, marking a significant step in reducing industrial emissions.
Maritime transport is essential to cross-border carbon capture and storage initiatives in Asia-Pacific, with projected annual volumes reaching 100 million tons by 2050.
With annual emissions thresholds declining and methodological delays, carbon credit prices in Australia are expected to soar in 2025, drawing attention from market players.

SLB Capturi inaugurates the world’s first industrial carbon capture plant at a cement facility

SLB Capturi has completed the construction of the world's first industrial-scale carbon capture plant for Heidelberg Materials in Norway. A major breakthrough that will reduce up to 400,000 tons of CO2 annually in the cement sector.
Australia must cut 15 megatons of its annual emissions to achieve its 43% reduction target by 2030. Investment mechanisms and carbon credits will play a key role in this ambitious effort.
New Zealand's final carbon auction of 2024, scheduled for December 4, is expected to see partial clearance, with prices exceeding NZ$64/tCO2e and an anticipated increase for 2025.

Western Australia accelerates its CCUS plan with a $16.9 million grant

Western Australia unveils an ambitious action plan for carbon capture, storage, and utilization (CCUS), supported by $16.9 million in funding, aiming to achieve carbon neutrality while boosting its economy.
COP29 marks a milestone for carbon markets with the adoption of crucial rules for Article 6 of the Paris Agreement. These advancements promise transparency and attractiveness for international carbon credits.
Hanwha Power Systems and TC Energy collaborate to commercialize a waste heat recovery technology based on supercritical CO₂, aiming to produce zero-carbon energy within pipeline infrastructures.