Sustainability

Carbon taxes and penalties should be imposed for using gray hydrogen and hydrocarbons, according to Seifi Ghasemi, Air Products’ Chairman, President and CEO.

Shell Petroleum, a wholly owned subsidiary of Shell, has reached an agreement with Davidson Kempner Capital Management, Pioneer Point Partners and Sampension to buy Nature Energy Biogas (Nature Energy) for nearly $2bn (€1.9bn).

ADNOC will set up a gas processing and marketing company in January and focus on new energies, gas, liquefied natural gas (LNG) and chemicals, it confirmed at its annual Board Meeting today.

Plans have been released for capturing and storing up to 10 million tonnes of carbon dioxide (CO2) in the UK Thames Estuary and south-east England.

Airbus has become the latest aerospace firm to invest in clean-energy company Carbon Engineering to support the development of its direct air capture (DAC) research and development facility in British Columbia, Canada.

The California Air Resources Board (CARB) has laid out the policies and actions the state is proposing to drastically reduce its dependence on fossil fuels and get to carbon neutrality by 2045 or earlier.

Matson has signed a $1bn contract with Philly Shipyard to build three new 3,600 TEU Aloha Class containerships which will feature dual fuel engines that can run on conventional marine fuel or liquefied natural gas (LNG).

CCUS uptake needs to grow 120 times by 2050 for countries to achieve their net-zero commitments, according to McKinsey Research.

Leading industries including energy could quadruple their carbon dioxide (CO2) savings through better use of space technologies and satellite communications could save as much as 8.8GT of CO2 every year, according to a new report from...