Several carbon capture and storage (CCS) projects in the UK are considering a move out of the UK to more favourable conditions overseas, a trade body has warned.
Carbon Capture Storage News
Germany wants to lock in contracts for liquefied natural gas with a delivery obligation, an effort to deter profit-chasing traders from diverting shipments elsewhere as the nation boosts its commitment to the fuel.
KBR is to take on engineering design work for a second hydrogen plant at the Stanlow complex, as operator Vertex is rolled into Essar’s hydrogen business.
The UK and Germany have signed a new agreement aimed at accelerating the development of an international hydrogen industry.
TotalEnergies has been granted formal approval to proceed with its Alwyn East development plans, after nearly a year in regulatory limbo.
Announcing the results, Egypt’s Ministry of Petroleum and Natural Resources said the companies would invest at least $281 million and drill up to 12 wells.