Saudi Aramco joins Rice University’s Carbon Hub with $10mn commitment
- Date: 22-Mar-2022
- Source: Arab News
- Sector:Education
- Country:Saudi Arabia
Saudi Aramco joins Rice University’s Carbon Hub with $10mn commitment
RIYADH: Saudi Arabia’s Aramco has joined Rice University’s Carbon hub, an initiative to accelerate the energy transition by developing sustainable uses of hydrocarbons. Aramco has joined Carbon Hub with a $10 million, five-year sponsorship commitment. “With this collaboration, there is great potential in the coproduction of hydrogen and carbon-based materials from hydrocarbons, aiming to significantly reduce the carbon intensity of energy systems and infrastructures worldwide,” said Ahmad Al Khowaiter, Aramco’s chief technology officer. 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. Aramco in partnership with Saudi Basic Industries Corporation, or SABIC, and other Carbon Hub members plan to develop carbon materials to potentially displace emissions-intensive materials across broad industry sectors.
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(1/3)Saudi Aramco is reportedly in talks with Oriental Energy over projects such as Crude Oil-to-Chemicals investment at Maoming Zero Carbon Park, with a cooperation scale of over 100 billion yuan. In response, an employee from Oriental Energy's securities department said
Saudi Aramco rakes in record profits, while Trudeau implements new carbon tax and tries to destroy the Canadian energy sector. Only one man has to go to save a nation. It is no different south of the border... 🧐
While Putin, Saudi Arabia & Qatar are getting rich off energy, Justin Trudeau can't stop running our Nation off a fiscal cliff, while rejecting mega deals from allies for ethical & clean Canadian oil & LNG.
"...a record net income of $161.1 billion for 2022 — the largest annual… https://twitter.com/i/web/status/1643661433375432705
How much do you think Canada can affect CO2 emissions worldwide, when Saudi Aramco is building a $12.2 billion refinery in China. Give me my carbon tax back Trudeau.
Aramco in Saudi Arabia states that it will supply carbon-neutral e-fuels for 80 C/litre. According to the KIT Karlsruhe, with the expected scaling of e-fuel production by 2030, the costs at the filling station will be roughly equivalent to those of fossil fuels!
Dear climate skeptics, you should read this: your fossil fuel heroes, whose propaganda you chose to believe, really saw it all coming. Not just #ExxonKnew. Because the science has been clear and compelling for decades. Some people just prefer to deny reality. https://twitter.com/BenFranta/status/1642577237009465345
"Saudi Aramco is reducing its carbon footprint with the Uthmaniyah CO2 Enhanced Oil Recovery Project, which captures and stores up to 40 million standard cubic feet of CO2 daily. #climateaction #carboncapture #Sustainability
@AlArabiya_Bn
https://japan.aramco.com/en/news-media/news/2015/20150730_carbon_capture_project
In a week where @AlboMP and the radical Greens political party set Australia on a course to eliminate carbon and de-industrialise, what were ruthless pragmatists doing elsewhere ????.....
https://www.marketwatch.com/story/saudi-aramco-signs-12-2-billion-deal-to-build-chinese-oil-refinery-b7e7a7f8
China may yet hit peak oil consumption in 2030 as it predicts, but @JavierBlas says its carbon footprint will be much, much larger then than prophesied https://www.bloomberg.com/opinion/articles/2023-03-27/saudi-aramco-s-deal-will-cement-china-s-oil-demand-and-push-its-peak-higher?utm_source=website&utm_medium=share&utm_campaign=twitter via @opinion
China may yet hit peak oil consumption in 2030 as it predicts, but @JavierBlas says its carbon footprint will be much, much larger then than prophesied https://trib.al/XZ7ZHgD via @opinion
Saudi Aramco will support China's domestic #energy security by expanding its oil and gas production capacity while reducing its oil production carbon intensity to facilitate the country's green transition, said a top company official. http://www.chinadaily.com.cn/a/202303/28/WS64223c68a31057c47ebb6e0d.html
China may yet hit peak oil consumption in 2030 as it predicts, but @JavierBlas says its carbon footprint will be much, much larger then than prophesied https://trib.al/qiH1Gyx via @opinion
China may yet hit peak oil consumption in 2030 as it predicts, but @JavierBlas says its carbon footprint will be much, much larger then than prophesied https://trib.al/sLSqSS2
China may yet hit peak oil consumption in 2030 as it predicts, but @JavierBlas says its carbon footprint will be much, much larger then than prophesied https://www.bloomberg.com/opinion/articles/2023-03-27/saudi-aramco-s-deal-will-cement-china-s-oil-demand-and-push-its-peak-higher?utm_source=website&utm_medium=share&utm_campaign=twitter via @opinion
Meet the Chief Digitalization Officer from Saudi Aramco, Adrian Blanck at the #DIGOG23, as he discusses Hydrogen Use and Carbon Capture Storage! Use code COMP to claim your free pass here>>> https://bit.ly/3ByT7y7 #hydrogen #carbon #oil #gas #digitalization #IoT
Saudi Aramco in Deal with Chinese Partners to Build Refinery https://finance.yahoo.com/news/saudi-aramco-deal-chinese-partners-143737066.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
#oil #netzero #ESG #sustainability #FossilFuels #investment #growth #carbon #green #china
Saudi Aramco had a record oil and gas production in 2022. Still, its carbon intensity, measured in CO2equivalent per barrel of oil equivalent, declined from 10.7 in 2021 to 10.3 in 2022.
Last week, the U.S. Commercial Service hosted a program focused on Carbon Capture Utilization & Sequestration (CCUS) within the series of “Trade Talks”. The program featured speakers from the @MoEnergy_Saudi, @aramco, @SABIC, @apqudra, and other industry-leading U.S. companies.
Instead of reducing emissions, Aramco wants to save the planet through carbon capture… scaled to 6m tonnes a year!! (Ignore the 60,000,000,000 tonnes they’ve emitted so far) https://www.reuters.com/business/energy/saudi-aramco-energy-ministry-sign-agreement-establish-carbon-capture-storage-hub-2022-11-10/
👀The USA talking about a "Green Initiative" and Carbon Credits. But still tries to run out to Saudi Arabia and mack the Oil Game. Obviously because Saudi Aramco made $532 MILLION A DAY in 2022!!!
But you can't serve two masters...
#crypto #dlt #xrp #xrpl
https://www.cnbc.com/2022/08/14/saudi-aramco-profit-surges-90percent-in-second-quarter-amid-energy-price-boom.html?fbclid=IwAR3oVXfeOGQBQhm8uHYLc7u81f07F-icJMA9ebIAI5mvYh7lzlSCQYRna2k
Saudi Aramco Partners with Linde to Develop Ammonia Cracking Technology
by Suzanna Hayek | Mar 16, 2023
In an effort to reduce the carbon footprint of its hydrogen supply chain, Saudi Aramco has partnered with German gas processing firm Linde Engineering…https://lnkd.in/eFGpZZFM
Read it and weep...but bless us in Canada we are fighting that rear guard fight against carbon. No business case here!
Oil giant Saudi Aramco reports record $161 billion profit in 2022 https://financialpost.com/commodities/energy/oil-gas/oil-giant-saudi-aramco-record-profit-2022
Aramco: “Our focus is not only on expanding oil, gas and chemicals production, but also investing in new lower-carbon technologies with potential to achieve additional emission reductions — in our own operations and for end users of our products," https://www.statista.com/chart/21692/saudi-aramco-net-income/
Formula 2 and Formula 3 have said that in 2027 they plan to use “100% sustainable” fuel with carbon sourced almost entirely via direct air capture supplied by Saudi Arabian oil group Aramco, reported by Formula Scout.
#carboncapture #decarbonization
https://bit.ly/40bEsTo
Just buzz words @Google I am sure they can prove that all energy they use is carbon neutral. Even the partnership with Saudi Aramco is carbon neutral 🤌
This article clearly shows that we need a carbon tax. Oil companies are making money hand over fist and not paying a dime toward the damage that the release of this carbon will cause to the climate https://cnb.cx/3T8O3YV #ClimateEmergency #carbonemissions
Any of this being invested in low #carbon alternatives ? Saudi Aramco’s $161bn profit is largest recorded by an oil and gas firm. #FossilFuels #addiction https://www.theguardian.com/business/2023/mar/12/saudi-aramco-161bn-profit-is-largest-recorded-by-an-oil-and-gas-firm?CMP=share_btn_tw
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