Block Energy Plc (GB:BLOE) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Block Energy Plc has embarked on Phase 2 of its Carbon Capture and Storage project in Georgia, partnering with Rustavi Azot and utilizing technology similar to successful deployments in Iceland and the UAE. The project aims to sequester CO2 in the Middle Eocene reservoir, leveraging low costs and existing infrastructure while aligning with environmental goals. With three commercialization options identified, the pilot injection is set for early 2025, marking significant progress towards sustainable energy solutions.
For further insights into GB:BLOE stock, check out TipRanks’ Stock Analysis page.
