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Samsung Heavy Gets Approval for New Carbon Capture Technology for Ships

SEOUL, Jan. 26 (Korea Bizwire) — Samsung Heavy Industries Co. said Tuesday it has won approval in principle (AIP) from the Korean Register of Shipping (KR), a South Korean ship quality assurance and risk management company, for its newly-developed ‘on-board carbon capture system’ that can be used on liquefied natural gas (LNG)-powered ships. The carbon [...]

ExxonMobil, FuelCell Energy Expand Agreement for Carbon Capture Technology

IRVING, Texas and DANBURY, Conn., Nov. 6 (Korea Bizwire) — ExxonMobil and FuelCell Energy, Inc. said today they have signed a new, two-year expanded joint-development agreement to further enhance carbonate fuel cell technology for the purpose of capturing carbon dioxide from industrial facilities. The agreement, worth up to $60 million, will focus efforts on optimizing [...]