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bp starts oil production at Argos platform in the Gulf of Mexico; first new platform since 2008

Green Car Congress

bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. bp now operates five production platforms in the deepwater Gulf of Mexico: Argos, Atlantis, Mad Dog, Na Kika and Thunder Horse. Earlier post.) bp is the operator with 60.5%

Mexico 259
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Nippon Steel to invest in Canadian coal company; steelmaking coal offtake agreement

Green Car Congress

(EVR), which will be spun-off from Teck as an independent publicly-listed Canadian company and will own and operate the steelmaking coal business previously conducted by Teck. The remainder of Teck’s business will be spun-off as the independent company Teck Metals, which will focus on base metals production.

Coal 273
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Udokan Copper to cut carbon intensity of copper production up to 75% by 2035

Green Car Congress

Russia-based Udokan Copper , the developer of Russia’s largest new copper deposit, outlined scenarios to cut the carbon intensity of copper production up to 75% by 2035, bringing the company closer to its ultimate goal of climate neutrality in the long run. It is part of the diversified USM holding company.

Carbon 273
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Bosch begins electric motor production in Charleston; more than $260M in new investment

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Bosch has begun production of electric motors at its Charleston, S.C. Additionally, the company plans to invest more than $260 million to expand further the production of electrification products at the site, which is expected to create at least 350 net new jobs by 2025. manufacturing facility.

Motor 304
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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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BYD, Toyota to establish joint company for battery-electric vehicle research and development

Green Car Congress

BYD Company Ltd. and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). Additionally, BYD and Toyota plan to staff the new company by transferring engineers and the jobs currently involved in related R&D from their respective companies.

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8 Rivers announces 8RH2 CO2 Convective Reformer for ultra-low carbon hydrogen production from natural gas

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8 Rivers Capital announced the development of the 8RH2 CO 2 Convective Reformer—a technology for the production of ultra-low carbon hydrogen from natural gas. The only by-products are liquid water and a stream of high-purity, pipeline-ready CO 2. 8 Rivers Capital, LLC is a Durham, North Carolina–based climate technology company.

Hydrogen 170