• 2019 July 5 17:13

    ExxonMobil and Global Thermostat to advance breakthrough atmospheric carbon capture technology

    ExxonMobil and Global Thermostat said that they have signed a joint development agreement to advance breakthrough technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere.

    ExxonMobil and Global Thermostat to advance breakthrough atmospheric carbon capture technology

    • Technology removes carbon dioxide from industrial sources and the atmosphere
    • Companies to evaluate potential scalability
    • Applications could extend across multiple industrial sectors
    • The companies will evaluate the potential scalability of Global Thermostat’s carbon capture technology for large industrial use. If technical readiness and scalability is established, pilot projects at ExxonMobil facilities could follow.

    “Advancing technologies to capture and concentrate carbon dioxide for storage and potential industrial use is among a suite of ExxonMobil research programs focused on developing lower-emissions solutions to mitigate the risk of climate change,” said Vijay Swarup, vice president of research and development for ExxonMobil Research and Engineering Company.

    “Our scientists see potential in this exciting technology that could lead to more affordable methods to reduce emissions in power generation and manufacturing, along with removing carbon dioxide from the atmosphere.”

    ExxonMobil and Global Thermostat are also exploring opportunities to identify economic uses for captured carbon dioxide.

    “Scaling solutions that can address climate change globally requires significant investment, innovation and collaboration,” said Peter Eisenberger, chief technology officer and co-founder of Global Thermostat.

    “Global Thermostat’s game-changing direct-air capture and flue gas capture technologies offer a way to transform the growing risks associated with carbon dioxide emissions into a global solution that could satisfy both business and environmental objectives. By partnering with ExxonMobil, we’re harnessing the expertise and capabilities of one of the world’s largest energy companies to accelerate our ability to realize that vision.”

    Energy Laboratory and National Energy Technology Laboratory to bring lower-emissions technologies to commercial scale. Since 2000, ExxonMobil has invested more than $9 billion in energy efficiency and low-emission technologies such as carbon capture and next generation biofuels. ExxonMobil also works with about 80 universities around the world to explore next-generation energy technologies.

    About ExxonMobil

    ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world.

    About Global Thermostat

    Formed in 2010, Global Thermostat (GT) is commercializing its advanced, multi-patented technology to transform Carbon Dioxide from a global liability into an opportunity for global prosperity. Using its proven, breakthrough technology, GT economically captures and concentrates CO2, enabling its profitable re-use across multiple large & growing industries – reducing harmful emissions, and helping to close the global carbon cycle.




2021 January 28

18:47 BIMCO adopts new standard time charter party for accommodation support vessels
18:06 CMA CGM applies PSS for cargo from the Mediterranean & Black Sea ports to the Far East
17:45 FESCO’s vessel departed to Antarctica to supply India's research stations
17:20 Port of Kiel cargo volume down 1.2 % to 6.92 million tons in 2020
17:16 Samskip implements UTURN as their next step in digitisation of container transport
17:14 MABUX releases Bunker Weekly Outlook, Jan 28, 2021
17:01 Damen delivers two FCS 2710 vessels to Hung Hua Construction
16:54 Bunker prices are slightly up in the Far East ports of Russia (graph)
16:35 Cargo traffic on Saimaa Canal in 2020 grew by 11.5% YoY
16:23 Samsung Heavy Industries and Hyundai Heavy Industries choose Svanehøj deepwell pumps for new VLECs
15:23 Valenciaport exceeds 5.4 million containers and 80 million tonnes handled in 2020
14:36 Diesel-electric icebreaker Victor Chernomyrdin starts providing assistance in the Gulf of Finland
14:22 Panama Canal helps save the planet more than 13 mln tons of CO2 in 2020
13:22 Keppel enters into second framework deed with Borr Drilling to defer scheduled delivery of rigs
13:01 Oboronlogistics delivered another batch of construction equipment to Tartus
12:42 Wan Hai Lines confirms orders for 12 new vessels
12:15 Maersk expands cold chain options for fresh fruit from the Black Sea and the Mediterranean to Central Russia
11:53 ABP Humber announce completion of £50 million investment in Humber Container Terminal
11:33 Damen launches FCS 7011
11:30 Port of Southampton marks largest shipment of salt in four years
11:04 BPA: Ports survey reflects mood of tentative optimism for 2021
10:54 Wärtsilä wins major order to provide 36 dual-fuel engines for six new LNG carrier vessels
10:25 KMP lays down six buoy tenders of Project 3050.1А
10:04 MABUX: Bunker market this morning, Jan 28, 2021
09:58 CMA CGM to operate and manage the Port of Alexandria’s future terminal
09:53 Crude oil prices decrease amid demand concerns
09:37 Baltic Dry Index as of January 27
09:22 Draft law on obligations of seaports’ investors approved by State Duma of Russia at first reading
08:26 Port of Newport and CEMEX celebrate new agreement in support of construction industry
07:26 MAN Energy Solutions wins order to power ultra-large Hapag-Lloyd containerships
06:31 Hamburg Port Consulting implements IT integration for automated customs clearance for Cuxport

2021 January 27

18:41 BIMCO adopts new tug, barge and “floating hotel” contracts
18:12 ABS to class first Jones Act wind farm SOV
18:00 ICS published the latest Flag State Performance Table
17:41 Optimarin follows strong 2020 with fight for Norway’s Smartest Business title
17:16 Port of Savannah moves more than 4.6M TEUs in 2020
16:58 Corvette and tanker of RF Navy’s Baltic Fleet call at Limassol port
16:37 Port Of Tanjung Pelepas container volumes up 8% to 9.8 mln TEUs in 2020
16:25 Rosmorport's icebreakers started piloting vessels in Vanino seaport
16:02 New shoreside power system reduces carbon emissions at the Port of Gothenburg
15:41 NORMA Cyber to provide cyber security services to Norwegian shipping
15:04 Star Bulk Carriers announces delivery of three capesize vessels
14:54 TransContainer launched coal transportation in containers
14:29 Port of Rotterdam Authority joins BIM Basis Infra
14:00 RF Government approves draft agreement on exports of Belorussian oil products via seaports of Russia
13:27 24 vessel traffic systems of FSUE “Rosmorport” ensured navigation safety in 2020
12:56 Middle East Transport & Logistics Virtual Expo and Summit (METRANSLOG) to be held as a virtual event on March 8-9
11:45 Bunker prices are stable at the Port of Saint-Petersburg, Russia (graph)
11:42 Damen delivers RSD Tug 2513 to Tug Malta
11:13 FSUE Hydrographic Company outlines its dredging plans for 2021
10:39 Arctic infrastructure development through shipbuilding technologies to be discussed at PortNews’ Congress on March 10-11
10:10 Sibanthracite Group and VostokCoal Management Company sold Port Vera
09:48 MABUX: Bunker market this morning, Jan 27, 2021
09:46 Crude oil prices rise on reduction of US reserves
09:27 Kawasaki Heavy Industries delivers the bulk carrier IZUMI
09:12 Baltic Dry Index as of January 26
08:37 Van Oord presents Climate Risk Overview
07:19 DFDS acquires HSF Logistics

2021 January 26

18:31 DFDS invests in 35,000 sqm warehouse
17:47 ABS, NTU, Singapore, and ASTI joint study to explore the potential for ammonia as a marine fuel in Singapore