ADNOC and Occidental to assess investment opportunities in CO2 capture and storage hubs

The strategic collaboration agreement aims to develop a carbon management platform to accelerate the net zero goals of both companies. The agreement is expected to catalyse US$100 billion (AED367 billion) in clean energy and carbon management projects, including CCS and direct air capture (DAC), by 2035. Amos Hochstein, US Special Presidential Coordinator for Global Infrastructure […]

Paragon begins auto-enrolment for its industry-leading carbon calculator

Paragon, a prominent provider of transformational business services, has recently unveiled its carbon footprinting initiative, known as AutoCarbon, which will automatically enrol every contracted client from today. The AutoCarbon programme is an integral component of Paragon’s proprietary Carbon Calculator. Through this initiative, clients will receive a precise carbon footprint calculation based on their annual spending […]

Compact Membrane Systems secures $16.5 million in oversubscribed Series A round

Leading the round, Pangaea Ventures, alongside GC Ventures, Solvay Ventures, Chevron Technology Ventures, and Technip Energies, has invested in Compact Membrane Systems, a pioneer in advanced membrane technology. CMS membranes offer a groundbreaking solution for carbon capture in challenging sectors like steel, cement, and kiln-process operations, responsible for over 11% of global emissions. Unlike traditional […]