SEOUL, Sept.10 (Korea Bizwire) — South Korea’s sweeping government reorganization to expand the Ministry of Environment into a new Ministry of Climate, Energy and Environment is drawing sharp criticism from energy experts, who warn that dividing authority over fossil fuels and renewables could weaken policy coherence and threaten energy security. Under the plan, the Environment [...]
SEOUL, Aug. 26 (Korea Bizwire) — Researchers at the Korea Advanced Institute of Science and Technology (KAIST) and the Massachusetts Institute of Technology (MIT) have developed a new fiber-based material that can capture carbon dioxide directly from the air using only small amounts of electricity, potentially lowering the barriers to large-scale deployment of direct air [...]
LONDON/HOUSTON/SINGAPORE, 23 July 2025–For the widespread deployment of carbon capture, utilization and storage (CCUS) to succeed, emitters, financiers and project developers continue to be challenged to make viable investment decisions in an unpredictable market. Now in its third year, Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference 2025 will bring together expert analysts and industry leaders in [...]
DAEJEON, Feb. 21 (Korea Bizwire) — The Korea Institute of Energy Research (KIER) announced on February 20 that it has successfully demonstrated the world’s largest carbon dioxide separation system of its kind for natural gas power plants. Traditional carbon capture methods at natural gas power facilities require extensive equipment including absorption towers, regeneration towers, and blowers, [...]
SEJONG, Feb. 6 (Korea Bizwire) – A bill on promoting the carbon capture, utilization and storage (CCUS) industry will take effect this week, the government said Thursday, amid growing demand for eco-friendly technologies to tackle climate change. The bill on supporting the development of CCUS technologies and fostering the industry will take effect Friday, according [...]
Join executives from ExxonMobil Low Carbon Solutions, Dow, Talos and Chevron New Energies as event covers the CCUS value chain through opportunities, risks and economic viability trends LONDON/HOUSTON/SINGAPORE, 17 September 2024 – Momentum for carbon capture, utilization and storage (CCUS) is growing as a buoyant project pipeline is attracting attention from leading companies, but CCUS deployment [...]
SEOUL, Aug. 11 (Korea Bizwire) — More energy companies, including South Korea’s Hanwha Corp. and the Netherlands-based Shell Gas & Power Developments B.V., have joined the consortium for a major carbon capture and storage (CCS) project in Malaysia, SK Innovation Co. said Friday. The state-run Korea National Oil Corp. and Air Liquide Korea, an affiliate [...]
SEOUL, July 12 (Korea Bizwire) — Korea Environment Corp. (KECO), a state environment promotion agency, said Tuesday that a demonstration facility for carbon capture and utilization technology will be established at a Philip Morris Korea Inc. factory in Yangsan, North Gyeongsang Province. The facility, scheduled to be completed on Thursday, leverages the carbon dioxide absorption [...]
SEOUL, May 8 (Korea Bizwire) — SK Innovation Co., the energy unit of South Korea’s SK Group, said Monday it has jointly invested with another SK affiliate in a South Korean developer of gas separation membranes to advance the technology for use in carbon capture. The investment in Airrane, a Cheongju-based company, commits SK Innovation [...]
SEOUL, March 21 (Korea Bizwire) — POSCO International Corp. said Tuesday it will nurture carbon capture and storage (CCS) as one of its future growth drivers as the trading company accelerates its expansion into green energy. POSCO International said it established in February a new team within its energy division to spearhead the CCS business. [...]