BASF Venture Capital invests in Oceanworks
BASF Venture Capital has announced a strategic investment in Oceanworks – a sustainable plastic solutions provider that brings traceability and transparency through the digitalisation of recycled plastics.
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Dan Ammann, former General Motors President and CEO of Cruise, has been appointed President of ExxonMobil Low Carbon Solutions.
Technip Energies has announced the launch of Beyond by T.EN – a portal providing business value to clients through a suite of digital solutions.
BASF has signed a strategic cooperation agreement with REEF Technology to develop recyclate formulations for applications used in the automotive, packaging and consumer industries.
The two companies will combine their expertise to enable CO2 capture, aggregation, transport and permanent storage.
Alongside ReCarbon and LanzaTech, Woodside has launched a collaborative studies programme aimed at converting carbon emissions into useful products.
Australia’s oil and gas industry has stated that the proposed Western Australia legislation will increase decarbonisation opportunities within the sector, and across the wider economy.
The European Commission has proposed an outline of a plan to make Europe independent from Russian fossil fuels well before 2030, which includes the increased incorporation of sustainable energy.
Across Indonesia, the companies have agreed to develop the green hydrogen and ammonia value chain, as well as carbon capture utilisation and storage (CCUS) businesses.
The aim of the agreement is to implement carbon capture facilities based on technologies developed and consolidated by Axens.
