ExxonMobil to buy Denbury for $4.9 bn to expand low-carbon business

ExxonMobil to buy Denbury for $4.9 bn to expand low-carbon business

ExxonMobil will acquire Denbury Inc., a specialist in enhanced oil recovery and carbon sequestration, for $4.9 billion as it builds out its low-carbon business, the oil giant announced Thursday.
New study shows global carbon emissions dropped 17 per cent due to COVID-19 crisis

New study shows global carbon emissions dropped 17 per cent due to COVID-19 crisis

An international team of scientists found that the COVID-19 global lockdown has had an “extreme” effect on daily carbon emissions, but it is unlikely to last.
Advancing eco-friendly products to Build For Life

Advancing eco-friendly products to Build For Life

Activity throughout the life cycle of materials, from mining, manufacturing, and transportation, to usage and disposal always has an impact on the environment. Exploitation can even destroy the ecosystem, pollute the environment, and consume energy and resources. Therefore, the exploitation of new resources needs to be limited.
CO2 levels hit historic high

CO2 levels hit historic high

Scientists in the United States have detected the highest levels of planet-warming carbon dioxide in Earth's atmosphere since records began, sounding new alarm over the relentless rise of man-made greenhouse gas emissions.
Branching out to tap into CERs

Branching out to tap into CERs

“Most of local companies are small- and medium-sized. Not all of them have full understanding about CDM projects. Meanwhile, foreign companies want to cooperate with big local partners so that they can reap big profits and many CERs”