ExxonMobil announces corporate plans
ExxonMobil has finalised its corporate plans, which increase spending on GHG emission-reduction projects to US$15 billion over the next six years.
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With a new project organisation, BASF is accelerating its cross-company activities to reduce its CO2 emissions by 25% by 2030, and become climate neutral by 2050.
The companies are planning to develop one of the world’s largest cross-border carbon capture and storage value chains.
The companies have signed an agreement for the merger of BHP Group’s oil and gas portfolio with Woodside.
Singapore LNG Corp. Pte Ltd (SLNG) has published its first voluntary Sustainability Report for its last Financial Year 2020.
TechnipFMC and Petronas have entered into an agreement to commercialise a unique natural gas processing membrane which reduces greenhouse gas emissions.
SK Innovation has selected Honeywell UOP for a feasibility study to retrofit its hydrogen plant in Ulsan, South Korea, with carbon capture.
According to analysis from EIA, carbon fees as high as US$35/t could decrease CO2 emissions in the US by as much as 19% in 2050, compared to 2020 levels.
KFX CO2 simulation software is being developed by DNV and Equinor to increase safety in carbon capture and storage.
Aras – a provider of software technology – has been chosen to support Technip Energies’ energy transition strategy with the deployment of the Aras Enterprise SaaS digitalisation tool.
