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Croatia is officially hunting for deep underground "vaults" to lock away industrial pollution.
The Ministry of Economy has signed a €2.7 million grant to fund a massive research project aimed at Carbon Capture and Storage (CCS). The project is 100% funded by the National Recovery and Resilience Plan.
OMV reports a 25% boost in project value through a groundbreaking AI partnership with Stanford and TerraAI. Focused on optimizing Carbon Capture and Storage (CCS) in Norway, the analytical AI tool allows engineers to explore millions of geological scenarios in real-time, drastically reducing development timelines and subsurface risks.
Eni has agreed to divest a 49.99% interest in Eni CCUS Holding to Global Infrastructure Partners, a subsidiary of BlackRock. Upon completion of the transaction, pending regulatory approvals, both companies will share control of the business.