PHOTO: STOCK
May 2, 2024
BY Raj Swaminathan
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The companies will explore deployment of heat batteries in Aramco's global facilities to reduce operating costs and support emissions reduction objectives.
Modern Hydrogen's innovative methane pyrolysis technology, online at NW Natural’s Central Portland facility, produces clean hydrogen and captures solid carbon.
ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd., BHP, along with Mitsubishi Development Pty Ltd have successfully started operating a pilot carbon capture unit on the blast furnace off-gas at ArcelorMittal Gent in Belgium. The pilot unit will operate for one to two years to test the feasibility of progress to full-scale deployment of the technology, which would be able to capture a sizeable portion of the Gent site emissions, if successful.
ADNOC announced the acquisition of a 11.7% stake in Phase 1 of NextDecade Corporation’s Rio Grande LNG, a leading liquefied natural gas (LNG) export project located in Texas, United States, which is expected to produce a less carbon-intensive LNG. Additionally, ADNOC and NextDecade announced that they have entered into a 20-year LNG offtake agreement from RGLNG Train 4.
Spiritus, the climate tech company pioneering cost-effective solutions for scalable direct air capture of carbon removal, entered into a memorandum of understanding with Aramco, one of the world’s leading global energy and chemicals companies, and has additionally announced that it received an equity investment in the company in November 2023, from Aramco Ventures.