ExxonMobil acquires Denbury to explore low carbon solutions

Carbon offsetting

Exxon Mobil Corporation has entered into a definitive agreement to acquire Denbury, an experienced developer of carbon capture, utilisation and storage (CCS) solutions and enhanced oil recovery. “Acquiring Denbury reflects our determination to profitably grow our Low Carbon Solutions business by serving a range of hard-to-decarbonise industries with a comprehensive carbon capture and sequestration offering,” […]

Nestlé U.S. ramps up regenerative agricultural practises

Farming

Nestlé U.S. has announced its investment in promoting regenerative agriculture practises in wheat farms within the supply chain of its DiGiorno pizza brand. The company is providing financial support and technical resources to assist wheat farmers in implementing regenerative agriculture practises such as cover cropping, reduced tillage, and decreased pesticide use. These practises contribute to […]

Nikola and BayoTech collaborate to advance hydrogen-fuelled zero-emission commercial transportation

packaging

Nikola Corporation, a prominent player in zero-emissions transportation and energy solutions, and BayoTech, a leading innovator in hydrogen production and storage, have announced a collaborative agreement to advance reliable hydrogen supply for zero-emission commercial fuel cell electric vehicle fleets. The strategic supply agreement includes Nikola Class 8 hydrogen fuel cell electric trucks, BayoTech HyFill bulk […]