Equinor acquires stake in Bayou Bend carbon capture and storage project

Equinor has acquired a 25% interest in Bayou Bend CCS LLC, positioned to be one of the largest US carbon capture and storage projects located along the Gulf Coast in Southeast Texas. Bayou Bend is a joint venture between Chevron U.S.A., through its Chevron New Energies division, Talos Energy, through its Talos Low Carbon Solutions […]

ASM achieves SBTi-verified Net-Zero target, a first in the semiconductor industry

ASM is the first company in the semiconductor sector to receive SBTi’s verification of its net-zero target, the most ambitious target designation available through the SBTi process. ‘Accelerate Sustainability’ is a part of our long-term growth strategy,” said Benjamin Loh, President and CEO of ASM. “The reason is that we recognise climate change as one […]

BPCL to invest $18.16 billion in oil, green energy over 5 years

In pursuit of advancing its oil business and expanding its renewable energy portfolio to achieve its 2040 net-zero target, Bharat Petroleum Corp, a prominent Indian refiner, has unveiled plans to invest $18.16 billion over a span of five years, according to Chairman G. Krishnakumar. Businesses in India, the third-largest emitter of greenhouse gases in the […]