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Nucor investing in start-up company Electra developing zero-carbon iron technology

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Nucor Corporation, a North American manufacturer of steel and steel products, has made an equity investment in Electra , a Colorado-based start-up developing a process to produce carbon-free iron that can be used to make steel. —Leon Topalian, Chair, President and Chief Executive Officer of Nucor Corporation.

Carbon 293
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Rio Tinto and Nippon Steel Corporation to cooperate on low-carbon emission steel value chain

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Rio Tinto, a leading global mining and metals company, and Nippon Steel Corporation, Japan’s largest steel producer, have signed a Memorandum of Understanding (MoU) jointly to explore, develop and demonstrate technologies to transition to a low-carbon emission steel value chain.

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Hyundai Motor and Kia to introduce blockchain-based carbon emission monitoring system

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Hyundai Motor Company and Kia Corporation introduced the AI-enabled, blockchain-based Supplier CO 2 Emission Monitoring System (SCEMS) to manage the carbon emissions of its cooperative business partners.

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Cummins and Chevron advance strategic collaboration; focus on lower carbon-intensity fuels

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Cummins and Chevron USA, a subsidiary of Chevron Corporation announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains. At Cummins, we are working to bring our Destination Zero strategy to life, and we recognize we can’t do this alone.

Chevron 284
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Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

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Canada-based Carbon Engineering Ltd. (CE) CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. since 2015.

Chevron 351
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SafeAI, Siemens, Obayashi collaborate to bring retrofitted autonomous, zero-emission heavy vehicles to off-road industries

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SafeAI, a global leader in autonomous heavy equipment, announced a collaboration with Siemens today to create an autonomous, zero emission heavy vehicle fleet for Obayashi Corporation. In partnership with pioneers like SafeAI and Obayashi Corporation, we can imagine a more sustainable future for these industries.

Emissions 397
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Saudi Aramco joins Rice University’s Carbon Hub; coproduction of hydrogen and advanced carbon materials from hydrocarbons

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Aramco) has joined Carbon Hub, a research initiative led by Rice University to develop sustainable uses of hydrocarbons. Launched in 2019, Carbon Hub supports a zero-emissions future where clean hydrogen energy and advanced carbon materials are coproduced efficiently and sustainably from hydrocarbons.

Carbon 150