Sasol Chemicals and Mission Possible Partnership (MPP) announced on April 25 a collaboration to advance a series of potential projects with aims including the use of hydrogen as a source of energy. The projects will be based at Sasol’s facility in Lake Charles, La.
Other aims for the projects include carbon capture, use and storage and sustainable aviation fuel production. Sasol and MPP’s ultimate goal is to advance these projects to final investment decision (FID). To that aim, funding has been attained from the Bezos Earth Fund, which will support up to 10 of projects, should they prove viable.
“Decarbonizing the chemicals sector is crucial to reaching U.S. climate targets,” said Bryan Fisher, Director of Hubs at the Mission Possible Partnership. “We look forward to helping Sasol realize its decarbonization ambitions at its Lake Charles facility and the community benefits offered by clean energy development, such as job creation and cleaner production processes.”
Sasol Chemicals is a global solutions provider that is established in 118 countries around the world. MPP is an alliance of companies that seek to achieve net zero emissions by 2050.
Recommended Reading
Venezuela Lost Citgo, But the Battle’s Not Over Yet
2024-10-04 - Amber Energy’s $7.3 billion purchase of Citgo fell well short of analyst’s valuations. PDVSA Ad Hoc expects to appeal the decision soon in its battle to protect its claim on Citgo.
Beyond Energy: EnergyNet Expands Marketplace For Land, Real Assets
2024-09-03 - A pioneer in facilitating online oil and gas A&D transactions, EnergyNet is expanding its reach into surface land, renewables and other asset classes.
Validus to Buy Citizen Energy in Deal Worth Over $2 billion, Sources Say
2024-09-26 - Citizen Energy, backed by private equity firm Warburg Pincus, started exploring a sale in recent months after Validus Energy offered to buy the company, the sources said.
Marketed: Stone Hill Exploration and Production Four Well Package in Ohio
2024-09-10 - Stone Hill Exploration has retained EnergyNet for the sale of a four well package including two proved developed producing wells in Harrison County, Ohio.
On The Shelf: Strawn Wells an Independent Paradise or Graveyard?
2024-10-21 - Operators can’t depend on traditional solutions to succeed on the Eastern Shelf, where drilling horizontal Strawn wells has been a decade-long iterative process.
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.