Ammonia production facility with CO2 capture capabilities. (Source: Shutterstock)
8 Rivers Capital LLC is developing the Cormorant Clean Energy project, a low carbon ammonia production facility, in Port Arthur, Texas, according to a Jan. 9 press release.
Powered by 8 Rivers’ 8RH2 hydrogen process, the project plans to produce an estimated 880,000 mt of ammonia and capture more than 1.4 MMmt of CO2 annually.
8RH2, which will be deployed commercially for the first time, is an ultralow carbon hydrogen process using oxy-combustion to eliminate CO2 emissions and lower costs.
At the Cormorant facility, hydrogen produced by 8RH2 will be turned into ultralow carbon ammonia that can be used for transportation, industrial processes and agriculture, the release stated.
“Clean fuels like hydrogen and ammonia are paramount to the energy transition, and the Gulf Coast region’s rich history of industrial manufacturing and transportation makes it the perfect environment to demonstrate the game-changing potential of this technology,” said Steve Milward, COO at 8 Rivers.
Recommended Reading
Hess Corp. Bucks E&P Trend, Grows Bakken Production by 7%
2025-01-29 - Hess Corp. “continues to make the most of its independent status,” delivering earnings driven by higher crude production and lower operating costs, an analyst said.
Oil, Gas and M&A: Banks ‘Hungry’ to Put Capital to Work
2025-01-29 - U.S. energy bankers see capital, generalist investors and even an appetite for IPOs returning to the upstream space.
Matador Appoints Paul W. Harvey to Board
2025-01-29 - Harvey holds over 40 years of investment experience and is currently the private wealth adviser at Dallas-based Vaquero Private Wealth.
Haslam Family Office: ‘We Need Hydrocarbons’
2025-01-29 - The managing director of HF Capital—the office for Tennessee's Haslam family—says that as long as oil, gas and other energy sources are lacking capital, there’s an investment opportunity.
The Private Equity Puzzle: Rebuilding Portfolios After M&A Craze
2025-01-28 - In the Haynesville, Delaware and Utica, Post Oak Energy Capital is supporting companies determined to make a profitable footprint.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.