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CCS becoming part of Africa’s development path, part 2
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
CCS becoming part of Africa’s development path, part 1
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Chevron is investing in CCS technology
Majors Carbon capture
Stuart Penson
8 April 2024
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Chevron invests in carbon capture tech firm

Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology

Chevron New Energies has expanded its CCS technology portfolio by becoming the lead investor in a $45m funding round by ION Clean Energy, a Colorado-based company that specialises in post-combustion capture systems. Chevron said it will look to use ION’s ICE-31 technology, which uses a liquid amine capture system, to service customers with high volume and low concentration CO₂ emissions. The investment also provides Chevron with the opportunity to partner with ION customers on projects to accelerate the scale-up of the technology. “ION’s solvent technology, combined with Chevron’s assets and capabilities, has the potential to reach numerous emitters and support our ambitions of a lower-carbo

Also in this section
CCS becoming part of Africa’s development path, part 2
3 June 2025
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
CCS becoming part of Africa’s development path, part 1
2 June 2025
Rather than a simple climate option, CCS is now being seen as a workable solution for Africa’s growth strategy
Carbon border tax exemptions to become law
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
Plugging the gaps in CCUS with policy, finance and stakeholder trust
27 May 2025
Carbon capture, utilisation and storage needs stable policy, investable frameworks and coordinated infrastructure if it is to be developed at scale

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