Deadline approaches Houston company's energy awards

ALLY Energy's annual GRIT Awards is still accepting applications — but not for long.

A Houston company that advocates for equity and inclusion in the evolving energy sector is closing it nominations for its annual awards program on August 12.

ALLY Energy's 2023 GRIT Awards — honoring companies, nonprofits, and individuals with growth, resilience, innovation, and talent — is slated for October 26. For now, ALLY is looking for the best in the biz to honor at the program.

"We honor the energy industry’s brightest and grittiest talent who contribute to their companies, the energy industry, and their communities," reads the website. "Our awards program recognizes individuals, students, and for-profit and nonprofit organizations that have demonstrated (GRIT) growth, resilience, innovation, and talent with a focus on driving a (JEDI) just, equitable, diverse, and inclusive culture. Best Energy Workplaces℠ give recognition to outstanding energy and climate technology employers."

The nomination categories are as follows:

  • The Lifetime Achievement Award
  • The Professional Award
  • The Executive Award
  • The Entrepreneur Award
  • The ALLY JEDI Award
  • The Gritty Girl
  • The ESG and Climate Champion
  • The Best Affinity Group, Employee Resource Group, or Business Resource Group Award
  • The Best Energy Team Award
  • The Best Energy Workplaces Award

The full description and requirements for each category is detailed online.

Once applications close on August 12 at midnight, ALLY's team will decide the finalists and reveal them before September 15.

Last year's honorees included representatives from many Houston energy companies, including Baker Hughes, ExxonMobil, Halliburton, Marathon Oil, Rice University, Saudi Aramco, Shell, the University of Houston, Syzygy Plasmonics, and Wood Mackenzie.

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A View From HETI

HYCO1 has signed an agreement to convert 1 million tons per year of raw CO2 into industrial-grade syngas at a new carbon capture project in Malaysia. Photo via Getty Images.

Houston-based CO2 utilization company HYCO1 has signed a memorandum of understanding with Malaysia LNG Sdn. Bhd., a subsidiary of Petronas, for a carbon capture project in Malaysia, which includes potential utilization and conversion of 1 million tons of carbon dioxide per year.

The project will be located in Bintulu in Sarawak, Malaysia, where Malaysia LNG is based, according to a news release. Malaysia LNG will supply HYCO1 with an initial 1 million tons per year of raw CO2 for 20 years starting no later than 2030. The CCU plant is expected to be completed by 2029.

"This is very exciting for all stakeholders, including HYCO1, MLNG, and Petronas, and will benefit all Malaysians," HYCO1 CEO Gregory Carr said in the release. "We approached Petronas and MLNG in the hopes of helping them solve their decarbonization needs, and we feel honored to collaborate with MLNG to meet their Net Zero Carbon Emissions by 2050.”

The project will convert CO2 into industrial-grade syngas (a versatile mixture of carbon monoxide and hydrogen) using HYCO1’s proprietary CUBE Technology. According to the company, its CUBE technology converts nearly 100 percent of CO2 feed at commercial scale.

“Our revolutionary process and catalyst are game changers in decarbonization because not only do we prevent CO2 from being emitted into the atmosphere, but we transform it into highly valuable and usable downstream products,” Carr added in the release.

As part of the MoU, the companies will conduct a feasibility study evaluating design alternatives to produce low-carbon syngas.

The companies say the project is expected to “become one of the largest CO2 utilization projects in history.”

HYCO1 also recently announced that it is providing syngas technology to UBE Corp.'s new EV electrolyte plant in New Orleans. Read more here.

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