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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Financial Times on carbon emissions by countries and companies:
Saudi Arabia and Aramco are the least harmful to the environment, while Canada and ExxonMobil of the United States are at the top of the list.
State-owned Saudi Aramco (12 eggs for $3 US) emitted over a billion tons of CO2 per year for the past 55 years. Big profits out of AZ headquarters for Aramco Americas.
https://www.marketwatch.com/story/ranked-saudi-aramco-chevron-and-other-top-companies-responsible-for-one-third-of-all-carbon-emissions-2019-10-09
Upstream carbon intensity at Saudi Aramco is ~10kg per barrel (2x to 3x lower than industry standard and 5x lower than Russian wells if I remember correctly). A ton of upstream oil would produce ~80-200kg of carbon monoxide as opposed to 15 tons of CO2 per ton of Lithium mining.
"We need to dig up millions of tonnes of minerals for clean energy".
Sounds big.
Except we're digging billions of tonnes of fossil fuels out every year. That's what we're trying to replace.
My latest Substack: https://hannahritchie.substack.com/p/mining-low-carbon-vs-fossil
The Financial Times publishes a statistic on the volume of carbon emissions issued by countries and companies, showing Saudi Arabia and Aramco the least harmful to the environment, while Canada and the US company ExxonMobil.
This the hypocritical west preaching global warming.
فاينانشال تايمز تنشر إحصائية عن حجم الانبعاثات الكربونية الصادرة من الدول والشركات، تظهر فيها السعودية وشركة أرامكو الأقل ضررًا على البيئة، بينما دولة كندا وشركة إكسون موبيل الأمريكية، في أعلى القائمة.
Saudi Aramco bets on being the last oil major standing via @FT
The energy group’s pitch is that it can provide the “lowest carbon” barrel of oil in the industry and that as long as the world needs to use oil, that oil should be Aramco’s https://on.ft.com/3W5eAWU
Saudi Aramco bets on being the last oil major standing. With the cheapest and lowest carbon intensity barrels, that’s a good bet. https://www.ft.com/content/513b770b-836b-472b-a058-3e4a95437c69
Saudi Aramco bets on being the last oil major standing [Saudi Arabia trumpets how low-carbon their oil production is, but 85% of the damage is done when its oil is burned. Table showing carbon intensity of the oil majors. Exxon shows badly] https://www.ft.com/content/513b770b-836b-472b-a058-3e4a95437c69
I went to Saudi to visit Aramco where there is no sense the world may be coming to the end of the oil era...Aramco's pitch is they'll be able to sell their barrels for decades to come, in part because they are among the "lowest-carbon" in the industry 1/7
https://enterprise-sharing.ft.com/redeem/a7f3da6d-2503-48f4-9b81-29556b48c2dd
Saudi Aramco bets on being the last oil major standing
The energy group’s pitch is that it can provide the “lowest carbon” barrel of oil in the industry and that as long as the world needs to use oil, that oil should be Aramco’s.
https://www.ft.com/content/513b770b-836b-472b-a058-3e4a95437c69 #BigOil #ClimateCrisis
January 11,2023
Flowserve (FLS) is set to supply more than 400 pumps for Aramco's Jafurah project, which advances Saudi Arabia's journey toward the utilization of a lower-carbon feedstock .
# New tech ventures want to use blockchain to clean up a messy carbon market — but critics fear more greenwashing 🍓🍅🥕🌽🍳🥚🍲🍐🍳🥚🍤🥕🌽🍌🍉🍒🍈🥑🍇🍓🍐🥨🍎🍳🥚🥨🥩🍖🍗🍍🍑🥓🥙Saudi Aramco to boost oil production spending to help meet rise in demand
# Climate change and plans to cut carbon emissions will have a huge impact on portfolios 🥕🌽🍳🥚🍲🍐🍳🥚🍤🥕🌽🍌🍉🍒🍈🥑🍇🍓🍐🥨🍎🍳🥚🥨🥩🍖🍗🍍🍑🥓🥙🍑🍳Saudi Aramco overtakes Apple as world’s most valuable company
Aspen Technology y Saudi Aramco acuerdan lanzar al mercado un innovador software para simulación Carbon Capture
http://gasprocessingnews.com/news/aspen-technology-and-saudi-aramco-partner-to-bring-new-ccu-software-innovation-to-market.aspx
# Plus, a rise in US power sector carbon emissions 🍍🍑🍇🍓🍅🥕🌽🍳🥚🍲🍐🍳🥚🍤🥕🌽🍌🍉🍒🍈🥑🍇🍓🍐🥨🍎🍳🥚🥨🥩Saudi Aramco: crude colossus takes the crown
#New tech ventures want to use blockchain to clean up a messy carbon market — but critics fear more greenwashing 🥕🌽🍳🥚🍲🍐🍳🥚🍤🥕🌽🍌🍉🍒🍈🥑🍇🍓🍐🥨🍎🍳🥚🥨🥩🍖🍗🍍🍑🥓🥙🍑🍳Saudi Aramco overtakes Apple as world’s most valuable company
Saudi Aramco signs deal for carbon capture software_Market_The 24th China Intermational Exhibition on Gases Technology,Equipment and Application http://en.igchina-expo.com/article/item-381.html #energy #carboncapture #ccu #software @saudi_aramco
Saudi Aramco D&WO & KFUPM called upon Arabian Drilling and SANAD for a meeting to address opportunities to explore possible mutual initiatives towards R&D for enhancing energy efficiency, power savings, carbon emission reduction, and improved energy efficiency.
# Climate change and plans to cut carbon emissions will have a huge impact on portfolios 🍤🍒🍊🍯🍞🥐🥖🥞🍯🍞🥐🥖🍎🍐🍊🥫🍳🥚🍋🍌🍉🥦🍎🍍🍑🍇🍓🍅🥕🌽🍳🥚🍲Saudi Aramco profits surge 82% in first quarter
# New tech ventures want to use blockchain to clean up a messy carbon market — but critics fear more greenwashing 🍞🥐🥖🥞🍯🍞🥐🥖🍎🍐🍊🥫🍳🥚🍋🍌🍉🥦🍎🍍🍑🍇🍓Saudi Aramco: vast scale of NOCs diminishes supermajors to bit players
From Sci-Fi to Science fact!
Could we be starting to see carbon capture software, along with other new and fascinating Geo-engineering solutions, to help combat climate change?
Article by Business Leader:
https://www.businessleader.co.uk/aspen-technology-and-saudi-aramco-partner-for-carbon-capture-software/
#climatechange #rnd #rndtaxrelief #sussex
# Climate change and plans to cut carbon emissions will have a huge impact on portfolios 🥕🌽🍳🥚🍲🍐🍳🥚🍤🥕🌽🍌🍉🍒🍈🥑🍇🍓🍐🥨🍎🍳🥚🥨🥩🍖🍗🍍🍑🥓🥙🍑🍳Saudi Aramco overtakes Apple as world’s most valuable company
# New tech ventures want to use blockchain to clean up a messy carbon market — but critics fear more greenwashing 🍞🥐🥖🥞🍯🍞🥐🥖🍎🍐🍊🥫🍳🥚🍋🍌🍉🥦🍎🍍🍑🍇🍓Saudi Aramco: vast scale of NOCs diminishes supermajors to bit players
Saudi Aramco and Aspen Technology Partner to Bring New Carbon Capture & Utilization Software
Saudi Aramco and Aspen Technology Partner to Bring New Carbon Capture & Utilization Software
https://www.saudigulfprojects.com/2022/12/saudi-aramco-and-aspen-technology-partner-to-bring-new-carbon-capture-utilization-software/
Aspen Technology announced on Dec. 13 a partnership with Saudi Aramco to introduce innovative carbon capture and utilization software.
@AspenTech #CarbonCapture
https://bit.ly/3HEtBeJ
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