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Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

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Canada-based Carbon Engineering Ltd. (CE) CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation.

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Hyundai Motor Group, Aramco and KAUST collaborate on new e-fuel for novel combustion system

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Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.

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Twelve and Emerging Fuels Technology sign master license agreement to scale SAF production

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With aviation representing one of the most difficult-to-address sectors for emissions, Twelve is scaling E-Jet fuel manufacturing capacity to meet rapidly growing demand from customers looking to reach net zero climate goals. Earlier post.) —Nicholas Flanders, Co-Founder and CEO of Twelve

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Volvo Cars first car maker to join SteelZero initiative in support of fossil-free steel ambitions

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Volvo Cars is the first car maker to sign up to the SteelZero initiative , which aims to increase demand for fossil-free steel and accelerate a transition to carbon neutrality in the global steel industry. Low embodied carbon steel, with a defined specific emissions intensity which takes into account the proportion of end of life scrap.

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Nel ASA receives purchase order for 20MW alkaline electrolyzer from steelmaker Ovako

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Nel Hydrogen Electrolyser AS, a division of Nel ASA, has received a purchase order for a 20MW alkaline water electrolyzer from Ovako , a leading European manufacturer of engineering steel. The electrolyzer will produce oxygen and hydrogen for Ovako’s steel-heating process and is a major step towards zero-carbon emission steel production.

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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

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The US Department of Energy (DOE) announced the award of approximately $72 million in federal funding to support the development and advancement of carbon capture technologies under two funding opportunity announcements (FOAs). Enabling Production of Low Carbon Emissions Steel Through CO 2 Capture from Blast Furnace Gases. Chevron USA.

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Chevrolet one of 16 organizations across US recognized by EPA for Climate Action; only automaker

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The US Environmental Protection Agency (EPA) awarded 2015 Climate Leadership Awards to 16 organizations and one individual representing a wide array of industries from finance and manufacturing to retail and technology for showing what the agency said was exemplary corporate, organizational, and individual leadership in response to climate change.

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