Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Carbon Engineering Expanding Squamish Plant Capacity (Ind. Report)
Carbon Engineering,
Date: 2019-09-20
In British Columbia, Canada, Squamish-based C Carbon Engineering Ltd. (CE)reports it is expanding the capacity of the design for its first commercial Direct Air Capture (DAC) plant from 500,000 tpy, to an expected one million tpy of CO2 removed from the atmosphere and permanently stored underground each year.

The plant is being engineered Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental and a leader in safe CO2 management and injection. Construction is slated to begin in 2021 for completion and commissioning within approximately two years.

CE's technology captures CO2 directly from the atmosphere so it can be stored permanently underground, or synthesized into transportation fuels. The company's pilot plant in Squamish began operations in 2015 and has been converting captured CO2 into fuels since 2017. (Source: Carbon Engineering, PR, 17 Sept., 2019) Contact: Carbon Engineering, Steve Oldham, CEO, www.carbonengineering.com

More Low-Carbon Energy News Carbon Engineering,  Carbon Emissions,  Carbon Capture,  CO2,  


Carbon Engineering, Oxy Partner on CCS, EOR Project (Ind. Report)
Carbon Engineering Ltd
Date: 2019-05-24
Kallanish Energy is reporting Squamish, BC-based Carbon Engineering Ltd and Houston-headquartered oil major Occidental Petroleum subsidiary Oxy Low Carbon Ventures LLC (Oxy) are in the process of engineering and designing a plant to capture CO2 emissions from the air, and to use those emissions in enhanced oil recovery (EOR) activities.

The plant, which would be located in the Permian Basin, is being billed the world's largest Direct Air Capture (DAC) and sequestration facility and is designed to capture 500 kilotonnes per year of CO2 directly from the atmosphere.

Plant construction could get underway in 2021 for operation in 2023. Plant costs and other details have not been revealed. (Source: Carbon Engineering, Kallanish Energy, May, 2019) Contact: Oxy Low Carbon Ventures, www.oxy.com/OurBusinesses/midstreamMarketing/LowCarbonVentures; Carbon Engineering, Steve Oldham, CEO, info@carbonengineering.com, www.carbonengineering.com

More Low-Carbon Energy News Carbon Engineering ,  EOR,  Carbon Sequestration,  CCS,  


Carbon Engineering Raises $68Mn for CC Commercialization (Funding)
Carbon Engineering
Date: 2019-04-05
Squamish, British Columbia, Canada-headquartered direct air carbon (DAC) capture specialist Carbon Engineering Ltd. (CE) is reporting completion of an equity financing round of $68 million (US) that will enable the company to grow from the pilot demonstration of its DAC and AIR TO FUELS™ technologies, expand its pilot plant in Squamish, and engineer its first commercial facilities to capture up to 1 million tpy of atmospheric CO2.

Carbon Engineering's DAC technology can remove CO2 from the atmosphere for less than $100/tonne and deliver large-scale negative emissions by permanently and safely storing the CO2 underground, according to the company. The technology can be used to reduce emissions from transportation by converting atmospheric CO2 into ultra-low carbon fuels that can power existing vehicles and airplanes without vehicle engine modifications, according to the company. (Source: Carbon Engineering, PR, April, 2019) Contact: Carbon Engineering, Steve Oldham, CEO, info@carbonengineering.com, www.carbonengineering.com

More Low-Carbon Energy News Carbon Engineering news,  Carbon Emissions news,  Carbon Capture news,  


Carbon Engineering Raises $68Mn for CC Commercialization (Funding)
Carbon Engineering Ltd.
Date: 2019-03-22
In Canada, Squamish, British Columbia-based direct air carbon (DAC) capture specialist Carbon Engineering Ltd. (CE) is reporting completion of an equity financing round of $68 million (US). This $68 million investment will enable the company to bridge the gap from the pilot demonstration of its DAC and AIR TO FUELS™ technologies, expand its pilot plant in Squamish, and engineer its first commercial facilities to capture up to 1 million tpy of atmospheric CO2.

Carbon Engineering's DAC technology can remove CO2 from the atmosphere for less than $100/tonne and deliver large-scale negative emissions by permanently and safely storing the CO2 underground. The technology can also be used to reduce emissions from transportation by converting atmospheric CO2 into ultra-low carbon fuels that can power existing vehicles and airplanes without vehicle engine modifications, according to the company. (Source: Carbon Engineering, PR, 21 Mar., 2019) Contact: Carbon Engineering, Steve Oldham, CEO, info@carbonengineering.com, www.carbonengineering.com

More Low-Carbon Energy News Carbon Capture,  CCS,  CCUS,  Carbon Engineering Ltd.,  


BHP Billiton Backs Direct Air Carbon Capture (Ind. Report)
BHP Billiton,Carbon Engineering
Date: 2019-03-06
In the Land Down Under, mining giant BHP has invested $6 million in Squamish, British Columbia-based Carbon Engineering Ltd. The company's "Direct Air" carbon capture technology has the potential to remove carbon dioxide from the atmosphere on a large scale using huge fans. The company also has Bill Gates as an investor.

The technology, now operating in British Columbia, uses huge fans that draw in air. Fluids in the processing unit then bind to the carbon dioxide molecules in the air. The carbon dioxide can then be concentrated and converted into fuels, or pressurized and injected underground for long-term storage.

According to BHP VP of Sustainability, Dr. Fiona Wild, "direct air capture is very flexible, so it can be used anywhere. And it really has significant potential for scale up, but it requires private sector investment and obviously also policy support, to try and bring it to scale. So that's why we're investing in it." (Source: BHP, Sydney Morning Herald, 5 Mar., 2019) Contact: Carbon Engineering, Steve Oldham, CEO, info@carbonengineering.com, www.carbonengineering.com; BHP Billiton, Dr. Fiona Wild, VP Sustainability and Climate Change, +61 3 9609 3333, www.bhpbilliton.com, www.bhp.com

More Low-Carbon Energy News Carbon Engineering,  BHP,  CO2,  Direct Air Carbon Capture,  Bill Gates ,  


Carbon Engineering Claims Major New Investors (Ind. Report)
Carbon Engineering
Date: 2019-01-11
Squamish, British Columbia-based Carbon Engineering Ltd. (CE) is reporting receipt of equity investments from Oxy Low Carbon Ventures, LLC a subsidiary of Occidental Petroleum Corporation, Chevron Corporation's Chevron Technology Ventures. Carbon Engineering's proven Direct Air Capture (DAC) technology removes CO2 directly from the air and subsequently synthesizes it into clean transportation fuels.

CE has been developing DAC technology since 2009 and capturing CO2 from the atmosphere at a pilot plant in Squamish, B.C. since 2015. The DAC plants are location-independent and can be co-located with an oilfield operation for enhanced oil recovery (EOR). Carbon Engineering's complementary AIR TO FUELS process combines CO2 from DAC with clean hydrogen from water electrolysis to provide a second pathway for reducing transportation emissions by synthesizing ultra-low carbon intensity liquid fuels.

CE's AIR TO FUELS products are fully compatible with existing cars, trucks, ships and planes, allowing existing vehicles to reduce their carbon emissions without modification. (Source: Carbon Engineering, Green Car Congress, 9 Jan., 2019) Contact: Carbon Engineering. Steve Oldham, CEO, www.carbonengineering.com

More Low-Carbon Energy News Carbon Engineering,  EOR,  CHevron,  Carbon Capture,  CO2,  

Showing 1 to 6 of 6.