Perenco outlines plans for new UK CCS projects Poseidon and Orion
Perenco has outlined its plans for two new UK carbon capture and storage (CCS) projects, Poseidon and Orion.
Perenco has outlined its plans for two new UK carbon capture and storage (CCS) projects, Poseidon and Orion.
Synergia Energy (AIM: SYN) aims to drill an appraisal well at the Camelot field, forming part of its UK Medway Hub Carbon Capture and Storage (CCS) plan, in the next 18-24 months.
American oilfield services firm SLB (NYSE:SLB) has announced a NOK 4.12 billion ($382m) deal to purchase 80% of Norway's Aker Carbon Capture (OSL:ACC)
Europe’s largest economy is running a €23 billion ($24.9 billion) experiment to reach net zero by 2045 without destroying its energy-intensive industrial base.
Germany will allow heavy industries who don’t have other ways of cutting emissions to transport and store carbon underground, a reversal of the government’s original stance as it bolsters efforts to reach climate neutrality.
Carbon capture and storage (CCS) is starting to take shape, as industry takes steps to decarbonise and confidence growing from customers.
The European Union is shying away from further measures to protect its embattled clean-tech industry from cheap Chinese imports over concerns it could make it harder to source key components and raise the cost of the green transition.
The European Union issued its most ambitious climate roadmap just as the bloc is facing severe headwinds from angry farmers and an ailing industrial base increasingly alarmed about the high costs of a rapid green transition.
The plan requires developers to upgrade stations to burn hydrogen sometime between 2035 and 2040
A Norwegian project to bury carbon under the seas is getting backing from Germany
The European Union’s executive arm is set to recommend a 90% net reduction of greenhouse gases by 2040, a target backed by climate scientists and criticized by the industry in the face of high energy prices and growing international rivalry in clean technologies.
The green shift in the 27-nation bloc, which is already legally bound to reduce greenhouse gases by 55% this decade, will affect every corner of the economy.
Carbon capture, utilisation, and storage (CCUS) is recognised as one of the pivotal enabling processes in the global transition towards reducing greenhouse gas emissions and achieving 2050 net-zero targets.
The directorate had a "long, proud history as a resource authority with solid knowledge about the subsurface on the Norwegian shelf”.
Neptune Energy has announced progress on the L10CCS carbon storage scheme off the Netherlands, with a final investment decision (FID) now targeted in 2025.
University of Edinburgh researchers spearhead €5.2 million EU-funded project to establish European carbon removal market.
Aquaterra Energy has secured a contract with Ineos covering life extension work at the platform serving its Danish carbon capture and storage (CCS) scheme.
Survey acquisition has now been completed across Aker BP and OMV’s Poseidon carbon storage licence in the Norwegian North Sea.
“With our European neighbours we could have a pipeline of green hydrogen to provide a clean fuel stock to German industry and coming back the other way carbon to the UK [for storage],” he said.
A new study will determine the potential for shared floating platforms used by offshore wind and wave energy devices.
French supermajor TotalEnergies (Paris:TTE) has struck a deal to acquire a sizeable stake in a carbon storage licence offshore Norway.
The Norwegian Ministry of Petroleum and Energy has awarded a carbon dioxide storage licence to awarded Sval Energi for a North Sea project.
The Danish government has pushed back plans for its second carbon storage tender amid questions over whether the state should take a greater share of projects.
As the world grapples with the pressing need to decarbonise, more and more countries are throwing the kitchen sink at the issue.
Italian contracting giant Saipem (BIT: SPM) and Stockholm Exergi have signed a letter of intent for a large-scale CO2 capture plant to be installed in the Swedish capital.