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The IEA in 2024: Reviewing the Year
CCS
05-02-2024
MOL and JX to develop CCS value chain between Japan and Australia
Japanese shipping company Mitsui O.S.K. Lines (MOL) and compatriot energy firm JX Nippon Oil & Gas Exploration Corporation (JX) have signed a memorandum of understanding (MoU) to develop a carbon dioxide capture and storage (CCS) value chain between J
Carbon Emissions
05-02-2024
China Releases Carbon Emissions Trading Regulations
Aerial photo taken on Aug. 25, 2022 shows a view of Maowei floating photovoltaic power station on water in Gucheng Township of Yingshang County, east China's Anhui Province. [Photo/Xinhua]Chinese Premier Li Qiang has signed a decree of the State C
COP28
04-02-2024
UN Climate Chief Calls for $2.4 Trillion in Climate Finance
Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) Simon Stiell speaks during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, November 30, 2023. REUTERS/Amr Alfiky/File Photo Acqu
Carbon Capture
04-02-2024
Indonesia Teams up With Italy's Eni on Decarbonisation
Indonesia's Energy and Mineral Resources Ministry said on Friday it had signed a memorandum of understanding with Italian energy group Eni (ENI.MI), opens new tab to accelerate its decarbonisation programmes.The deal covers development of bio-feed
Carbon Capture
04-02-2024
US Energy Department Selects Delek's Refinery for Pilot Carbon Capture Project
Delek US Holdings (DK.N), opens new tab said on Friday the U.S. Department of Energy has selected its Big Spring refinery for a pilot carbon capture project and would provide up to $95 million of federal funding to support its development.Carbon capture i
Carbon Emissions
02-02-2024
Climate Software Firm Watershed Raises $100 Million in New Funding Round
Climate software company Watershed has raised $100 million in a Series C funding round led by investment firm Greenoaks, valuing the company at $1.8 billion.Sequoia Capital, Kleiner Perkins, and Galvanize Climate Solutions also participated in the round,
Carbon Emissions
30-01-2024
EU Needs Trillions of Investment for 2050 Climate Target - Research
An activist holds a sign, at a protest during the Global Day of Action for Climate Justice, coinciding with COP28, in Edinburgh, Scotland, Britain, December 9, 2023. REUTERS/Lesley Martin/File Photo Acquire Licensing RightsThe European Union will need 1.5
Carbon Emissions
26-01-2024
US Directs $254 Million to Cut Emissions From Heavy Industry
U.S. Secretary of Energy Jennifer Granholm delivers a speech ahead of a conversation with Daniel Yergin, the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 8, 2023. REUTERS/Callaghan O'Hare/Fi
Carbon Emissions
25-01-2024
EKI Energy and Jospong Group Forge $1 BN Carbon Finance Partnership in Africa
EKI Energy Services Ltd’s shares were up by 2.04 per cent after the company entered into a Memorandum of Understanding (MoU) with Jospong Group Of Companies Ltd during the 28th edition of the Conference of Parties (COP 28) in Dubai.The company r
Carbon Emissions
25-01-2024
Chinese Energy Giant Takes a Big Step Forward in Capturing Carbon Dioxide
Among the undulating hills of the Loess Plateau in northwest China, two striking silver spherical tanks, surrounded by a complex network of pipelines, add a touch of science fiction to the snow-laden landscape.They are part of the carbon capture, utilizat
Carbon Emissions
24-01-2024
EU Fossilfuel Use for Energy to Drop 80% Under 2040 Climate Goal -Document
Smoke and steam billow from Belchatow Power Station, Europe's largest coal-fired power plant powered by lignite, operated by Polish utility PGE, in Rogowiec, Poland, November 22, 2023. REUTERS/Kacper Pempel/File Photo/File Photo Acquire Licensing
CCS
22-01-2024
Longi at the Wef 2024 in Davos Makes Case for Net Zero Manufacturing Powered by Efficient Clean Energy
LONGi executive speaks at 2024 Davos Forum panel to share best practices in improving manufacturing sustainabilityDAVOS, Switzerland, Jan. 21, 2024 /PRNewswire/ -- As one of the newest recipients of the World Economic Forum (WEF) "Lighthouse Factory&
Carbon Emissions
22-01-2024
Exxon Files Lawsuit Against Investors' Climate Proposal
Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsExxon Mobil Corp (XOM.N), opens new tab on Sunday filed a complaint in a Texas co
CCS
19-01-2024
McDermott Bags Contract for Kasawari CCS Project in Malaysia
McDermott will transport and install an 85-mile pipeline section, a 15,000-metric ton CCS platform jacket, and bridge connecting to the existing central processing platform.McDermott International Ltd has secured an offshore contract from Malaysia Marine
Carbon Emissions
18-01-2024
EU Drafts Plan to Zero Out Industry's Carbon Footprint by 2050
The 3D Project (DMX Demonstration in Dunkirk), piloting a new form of carbon capture and utilisation or storage (CCU/S) technology on an industrial scale, is seen at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduct
Carbon Capture
17-01-2024
MHI and KEPCO Agree to Install a CO2 Capture Pilot Plant at Himeji No.2 Power Station
Mitsubishi Heavy Industries, Ltd. (MHI) agreed today with The Kansai Electric Power Co., Inc. (KEPCO) to install a CO2 capture pilot plant at Himeji No.2 power plant in Hyogo, Japan. This new plant is being established to demonstrate the next-generation C
Carbon Emissions
17-01-2024
UK's Drax Power Plant Gets Approval for Carbon Capture Plan
Drax power station is pictured during the sunset in Drax, North Yorkshire, Britain, November 27, 2020. REUTERS/Lee Smith/File Photo Acquire Licensing RightsBritish power plant operator Drax (DRX.L), opens new tab said on Tuesday the government had approve
Electric Vehicle Battery
17-01-2024
European Battery Maker ACC Partners With Circulor to Map Supply Chain, Carbon Emissions
A charging plug is seen on an electric vehicle (EV) at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. REUTERS/Aly Song/File Photo Acquire Licensing RightsAutomotive Cells Co (ACC) has partnered with UK startup Circulor
CCS
16-01-2024
Group of 27 Shell Investors Co-file New Climate Resolution
Shell CEO Wael Sawan attends the China Development Forum 2023 in Beijing, China, on March 25, 2023. REUTERS/Thomas Peter/File Photo Acquire Licensing RightsA group of 27 investors that own around 5% of Shell's (SHEL.L) shares has co-filed an indep
Electric Vehicles
15-01-2024
Toyota Highlights Gas Engine Project as 'Practical' Path to Carbon Neutrality
Toyota has had a long history of speaking out against an all-out transition to electric vehicles (EVs), continually pointing to hydrogen technology and continued gas vehicle production as important pieces of the puzzle. In a recent statement, a Toyota cha
Carbon Emissions
15-01-2024
France, Arcelormittal Agree on $2 Bln Investment To Cut French Plant Emissions
A view shows the scrap metal area in the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier/File photo Acquire Licensing RightsFr
Carbon Emissions
12-01-2024
China Names Liu Zhenmin as Special Envoy for Climate Change
China has named Liu Zhenmin, a former vice foreign minister, as its new special envoy for climate change, after his predecessor Xie Zhenhua stepped down due to health reasons, the Ministry of Ecology and Environment said in a statement on Friday.Xie, 74,
CCS
12-01-2024
PTTEP, Inpex Advance Thailand's Latest Proposed CCS Project
Thailand’s national upstream company PTTEP is teaming up with Japan’s Inpex to conduct a study on carbon storage potential in the northern Gulf of Thailand, under an international collaboration between the Thai Department of Mineral Fu
Carbon Emissions
11-01-2024
Sibur Attains the Largest Portfolio of Climate Projects Among Russian Companies
Russian Registry of Carbon Units has welcomed three new climate projects by SIBUR implemented at its facilities in Nizhnekamsk, Tomsk, and Dzerzhinsk. Their implementation is expected to secure a combined GHG reduction of over 6 million tonnes of CO2-eq.
Carbon Emissions
11-01-2024
Carbon Pollution Is Down in the US, but Not Fast Enough to Meet Biden's 2030 Goal, New Report Says
FILE - Farmland is seen with solar panels from Cypress Creek Renewables, Oct. 28, 2021, in Thurmont, Md. A new report says climate-altering pollution from greenhouse gases declined by nearly 2% in the United States in 2023, even as the economy expanded at
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The IEA in 2024: Reviewing the Year
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