Uniper selects SLB Capturi for carbon capture at UK gas power project

PTT Public Company Limited, together with four government agencies, signed a declaration of intent to cooperate in developing the I-SPARK pilot model to build readiness in clean energy and infrastructure for low-carbon industry in the Map Ta Phut area of Rayong Province, at the Gastech Bangkok 2026 event at the BITEC Exhibition and Convention Center in Bangkok. Mr. Kongkrapan Intarajang, Chief Executive Officer and President of PTT, presided over the ceremony, while Mr. Buranin Rattanasombat, Mr. Pirun Saiyasitpanich, Mr. Wattanapong Kurovat, Mr. Warakorn Prammobol, and Mr. Sumet Tangprasert jointly signed I-SPARK, integrating investment projects and key infrastructure across three clusters: Low Carbon Energy & Solution, Shared / Common Infrastructure, and Specialties, Bio & Circularity. These cover LNG, hydrogen energy, ammonia, battery energy storage systems, carbon dioxide capture and storage, sustainable aviation fuel, bio-based products, specialty chemicals, and the conversion of used plastics back into new raw materials. By 2035, investment in I-SPARK projects is expected to reach as much as 5 billion US dollars, and greenhouse gas emissions could be reduced by as much as 9 million tonnes of carbon dioxide equivalent, while laying the foundation for Rayong Province to become a model area that can be expanded to other areas of the country.

ExxonMobil is building an end-to-end carbon capture and storage business spanning CO2 capture, transportation and storage, anchored in the U.S. Gulf Coast, which accounts for about one-third of U.S. industrial CO2 emissions. The company estimates its Gulf Coast pipeline network can eventually handle up to 100 million metric tons of captured CO2 annually once fully developed, and it already has agreements to transport and store about 9 million metric tons of CO2 per year for industrial customers. ExxonMobil is expanding its CCS customer base through work with Linde, Nucor, Lake Charles Methanol II and AtmosClear, and its plans gained momentum after Texas regulators approved the Rose carbon capture and storage project, designed to store about 53 million metric tons of customers' CO2 in underground wells in Jefferson County, TX. ExxonMobil expects energy-related CO2 emissions to decline to roughly 30 billion metric tons by 2050 from 36 billion metric tons in 2025, while global CCS is projected to grow from about 30 million metric tons of CO2 in 2025 to 2,000 million metric tons by 2050, short of the roughly 7,000 million metric tons needed to meet global climate goals. Separately, Occidental Petroleum is advancing carbon capture through its low-carbon ventures business, with its STRATOS direct-air-capture project expected to complete commissioning around the end of 2026 and begin operations in 2027, and about $400 million in low-carbon ventures capital spending rolling off beginning next year, while Baker Hughes is broadening its carbon-capture capabilities through its acquisition of Chart Industries.