SUBSCRIBE
PROFILE

Union Européenne

Gevo receives “A” rating for North Dakota site from BeZero Carbon
Gevo receives high-quality assessment for its carbon capture credits in North Dakota, strengthening the commercial value of its certificates in the voluntary carbon markets.
Technip Energies secures strategic contract for carbon capture project in Thailand
Technip Energies has secured a detailed engineering contract for a carbon capture and storage project led by PTTEP, marking a key industrial milestone in the Gulf of Thailand.

United Kingdom: Second CO₂ storage licensing wave redefines North Sea through 2050

The United Kingdom opens 14 new offshore geological storage zones, creating an industrial decarbonisation corridor and securing long-term capacity for domestic and European heavy industry.
en_114099991238540-2
Green Plains injects CO2 from Nebraska into Wyoming and receives $14mn payment
Green Plains has begun sequestering carbon dioxide from its three Nebraska facilities via a pipeline to Wyoming, while receiving a first $14mn payment under the 45Z tax credit programme.
JERA and Newlab partner to scale up industrial testing of CO₂ capture technologies
Japan's JERA has entered a strategic partnership with Newlab in New Orleans to fast-track the commercialisation of carbon capture solutions for power generation facilities.

Carbonova raises C$5.1mn to launch industrial nanofibre demonstrator in Calgary

The Canadian start-up has secured financing to complete a C$13.6mn project aimed at converting captured CO₂ and natural gas into high-value carbon nanofibres.
en_1140331245540
Carbon capture technologies emerge as industrial lever by 2035
CO₂ removal techniques are moving from lab-scale to national and corporate strategies, but their development remains constrained without a clear legal framework and targeted incentives on the carbon market.
Senegal and Norway sign deal to activate Article 6 carbon market mechanisms
Norway plans up to $740mn to fund verified emission reductions, supporting Senegal’s entry into cooperation frameworks under the Paris Agreement.

Technip Energies to deliver three electric marine arms for Northern Lights phase 2

Technip Energies strengthens its role in the Northern Lights project in Norway by supplying electric marine equipment for the transfer of liquefied CO2 at the Øygarden terminal.
en_114017171127540
Over 500 carbon capture representatives identified at COP30
An NGO identified 531 participants linked to carbon capture and storage technologies at COP30, illustrating the growing strategic interest of industry players in this technical lever within climate negotiations.
Carbon neutrality to reach $27.22bn by 2035, driven by Asia
Driven by rising demand from China and India, the global carbon neutrality market is expected to grow by 7.3 % annually through 2035, supported by sustained investment in capture technologies.

Japan targets 12.5 Mtpa carbon capture capacity by 2035 despite cross-border hurdles

Japan plans to increase its carbon capture, utilisation and storage capacity thirtyfold by 2035, but reliance on cross-border infrastructure may delay the government’s targets.
en_1140131134540
PETRONAS becomes key carbon storage player and expands operations in Suriname
PETRONAS secures Malaysia’s first CCS permit and strengthens its upstream presence in Suriname, aligning an integrated strategy between CO₂ capture and low-cost offshore exploration.
Peru bets on carbon markets with its NDC 3.0 climate commitment
The Peruvian government announces a 179 million tonne emissions target by 2035, integrating carbon market tools and international transfers to reach its climate goal.

The UN validates an Article 6.4 methodology for landfill methane

The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.
en_114021158540
Sinopec and BASF align their product carbon footprint accounting methods
Sinopec and BASF have reached a mutual recognition agreement on their carbon accounting methods, certified as compliant with both Chinese and international standards, amid growing industrial standardisation efforts.
NorthX injects $3.4mn into four Canadian carbon removal startups
NorthX Climate Tech strengthens its portfolio by investing in four carbon dioxide removal companies, reinforcing Canada’s position in a rapidly expanding global market.

Texas captures attention with over $10bn invested in carbon management

With dense industrial activity and unique geological potential, Texas is attracting massive investment in carbon capture and storage, reinforced by new federal tax incentives.
en_1140271026540
GE Vernova and YTL PowerSeraya launch a carbon capture study in Singapore
GE Vernova and YTL PowerSeraya will assess the feasibility of capturing 90% of CO₂ emissions at a planned 600-megawatt gas-fired power plant in Singapore.
Carbon removal investments hit $1 billion despite high operating costs
The carbon removal technology sector is expanding rapidly, backed by venture capital and industrial projects, yet high costs remain a significant barrier to scaling.
  • Popular on energynews.pro
Neoen wins 124 MWp in solar projects in latest French government tender
European Union rejects United Kingdom’s exemption from carbon border levy
Meg O’Neill takes over BP to refocus the group on hydrocarbons
Plug Power installs 5 MW electrolyzer in Namibia for integrated hydrogen hub
EDF Power Solutions appoints METLEN to build 400MW Longfield solar farm
1,460 GtCO2: Nature study reshapes allocation of global subsurface capacity
A prudent limit of 1,460 GtCO2 for geologic storage reshapes the split between industrial abatement and net removals, with oil-scale injection needs and an onshore/offshore distribution that will define logistics, costs and liabilities.
Frontier completes the deepest carbon storage well in the United States
Frontier Infrastructure Holdings drilled a 5,618-metre well in Wyoming, setting a national record and strengthening the Sweetwater Carbon Storage Hub’s potential for industrial carbon dioxide storage.

Equinor, Shell and TotalEnergies launch the first subsea CO2 injection in Norway

The Northern Lights project has injected its first volume of CO2 under the North Sea, marking an industrial milestone for carbon transport and storage in Europe.
en_1140250851540
Verra and S&P Global Launch New Infrastructure to Boost Carbon Credit Markets
Verra and S&P Global Commodity Insights join forces to build a next-generation registry aimed at strengthening carbon market integration and enhancing transaction transparency.
Singapore and Thailand seal Article 6 deal for carbon credits
Singapore signs its first regional carbon credit agreement with Thailand, paving the way for new financial flows and stronger cooperation within ASEAN.

GIP Acquires 49.99% Stake in Eni CCUS Holding in Strategic Carbon Deal

Eni sells nearly half of Eni CCUS Holding to GIP, consolidating a structure dedicated to carbon capture and storage projects across Europe.
en_1140180833540
Funds Push European Carbon Positions to Highest Since April
Investors hold 28.9 million EUAs net long as of August 8, four-month record level. Prices stable around 71 euros despite divergent fundamentals.
Canada allocates $1.83 mn to TerraFixing to develop carbon capture
The federal government is funding an Ottawa-based company’s project to design a CO2 capture unit adapted to cold climates and integrated into a shipping container.

Fluenta equips Louisiana site with Bias-90 FlarePhase system for CO₂ measurement

Fluenta has completed the installation of its Bias-90 FlarePhase system at the Pelican Amine Treating Plant in Louisiana, marking progress in the measurement of flare gas flows with very high carbon dioxide concentrations.
en_114050827540-2
Alberta carbon market plunges below 25 dollars amid persistent oversupply
Alberta carbon credits trade at 74% below federal price as inventory reaches three years of surplus, raising questions about regulatory equivalence before 2026 review.
UK ETS: Carbon Removals Market Faces Price and Supply Challenges
The integration of carbon capture credits into the British trading system by 2029 raises questions about the price gap with allowances and limited supply capacity.

Carbon Ridge installs first centrifugal carbon capture unit on board a Scorpio Tankers vessel

Carbon Ridge reaches a major milestone by deploying the first centrifugal carbon capture technology on a Scorpio Tankers oil tanker, alongside a new funding round exceeding $20mn.
en_1140310737540
Elimini and HOFOR sign an agreement for a large-scale BECCS project in Copenhagen
Elimini and HOFOR join forces to transform the AMV4 unit at Amagerværket with a BECCS project, aiming for large-scale CO₂ capture and the creation of certified carbon credits. —
Carbonova secures $3.20mn for a pilot carbon nanofiber unit in Calgary
Carbonova receives $3.20mn from the Advanced Materials Challenge programme to launch the first commercial demonstration unit for carbon nanofibers in Calgary, accelerating industrial development in advanced materials.

Chestnut Carbon secures pioneering non-recourse financing of $210mn for afforestation in the U.S.

Chestnut Carbon has secured a non-recourse loan of $210mn led by J.P. Morgan, marking a significant step for afforestation project financing and the growth of the U.S. voluntary carbon market.
en_114024072050540
TotalEnergies invests in sustainable forestry management with NativState in the United States
TotalEnergies seals partnership with NativState to develop thirteen forestry management projects across 100,000 hectares, providing an economic alternative to intensive timber harvesting for hundreds of private landowners.
Drax strengthens its lead as the UK’s top carbon emitter in 2024
Drax’s generation site recorded a 16% rise in its emissions, consolidating its position as the UK’s main emitter, according to analysis published by think tank Ember.

Graphano Energy unveils an initial resource estimate for the Lac Saguay graphite deposit

Graphano Energy announces an initial mineral resource estimate for its Lac Saguay graphite properties in Québec, highlighting immediate development potential near major transport routes, supported by independent analyses.
en_114017072025540
Carbon2Nature and Uría Menéndez launch reforestation of 90 hectares in Salamanca
Carbon2Nature, a subsidiary of Iberdrola, partners with law firm Uría Menéndez on a 90-hectare reforestation project in Sierra de Francia, targeting carbon footprint compensation for the legal sector.
First commercial seaweed harvest completed in Dutch offshore wind farm
North Sea Farmers has carried out the very first commercial-scale seaweed harvest in an offshore wind farm, supported by funding from the Amazon Right Now climate fund.