Global CCS Institute membership grows 21% in six months
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Combustion Industry News Editor
The Global Carbon Capture and Storage Institute has added significantly to its membership over the past six months, as Gasworld has reported. Twelve new members – BP, HeidelbergCement, C-Capture, Motor Oil Hellas (a Greek oil and gas company), Cemvita Factory (which focuses on carbon utilisation), Canadian infrastructure company Wolf Midstream, China Petroleum Engineering Co, CNPC Research Institute of Safety and Environment Technology, Dalmia Cement (Bharat), Woodside Energy (Australia’s largest LNG company), HSBC bank and IPA Global, a capital projects advisory firm, have joined, growing the total membership to 68 organisations. The marked uptick in membership is “testament that a variety of stakeholders are recognising the important role of CCS in climate mitigation efforts” according to Gasworld, which seems a reasonable conclusion. HSBC is the first global commercial bank to join the institute, as it looks to position itself as being at the forefront of financing decarbonisation projects.