Kinetik News
Infinium and Kinetik Reach Innovative CO2 Utilization Agreement to Advance eFuels Production
Long-term agreement represents a new model for delivering decarbonization benefits across heavy transport and chemical industries Sacramento, CA; April 16, 2024 – eFuels leader Infinium has reached an agreement with a subsidiary of midstream energy company, Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik”) to purchase carbon dioxide (“CO2”) captured from Kinetik’s gas gathering and processing system in the Permian Basin for use as a feedstock in the production of ultra-low carbon electrofuels (“eFuels”). Infinium eFuels are […]