Ten CCS projects receive funding from UKCCSRC
The UK Carbon Capture and Storage Research Centre (UKCCSRC) has funded ten new projects to help the UK achieve its net zero emission targets.
CCS
Low-carbon energy to create 20,000 north-east jobs in next decade
Low-carbon energy projects in the north-east could create up to 20,600 jobs in the next ten years, a new report has predicted.
Carbon Capture and Storage Association announces new CEO
Trade body the Carbon Capture and Storage Association (CCSA) has announced the appointment of its new chief executive.
Chevron fails to hit targets with giant CCS scheme at Gorgon LNG
Chevron is receiving heavy flak and potential fines for failing to meet emissions reduction targets at its troubled carbon capture and storage (CCS) scheme that forms a crucial element of the Gorgon liquefied natural gas (LNG) export project in Australia. Its partners include Shell and ExxonMobil.
FTSE-100 listed M&G joins ranks of Storegga investors
M&G, a FTSE-100 listed savings and investments business, has become the fourth external shareholder in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage and hydrogen project near Peterhead.
‘Scotland’s CCS contribution starts here’ – Acorn project signs MoU with two North Sea gas terminals, ExxonMobil joins NECCUS alliance
A deal has been struck that could pave the way for emissions from North Sea gas pipelines, operated by ExxonMobil and Shell, to be captured and locked away.
Acorn CCS project partners select firm to carry out engineering design work
UK firm Carbon Clean has been selected to carry out the Front End Engineering Design (FEED) services for Aberdeenshire's Acorn carbon capture and storage (CCS) plant.
Sembcorp part of project to deliver UK’s first net zero power plant
US firm 8 Rivers Capital and Sembcorp Energy UK (SEUK) have announced a collaboration agreement to develop what could be the UK’s first net zero power plant.
Shell launches CCS project in Alberta
Shell Canada has set out plans for a large-scale carbon capture and storage (CCS) project, in Alberta.
Eni enters UK Government’s first CCS tender process
Italian oil and gas major Eni has announced its participation in the UK Government’s first carbon capture and storage tender.
Petrochemical giant Ineos signs MoU with Aberdeenshire’s Acorn CCS project
Petrochemicals giant Ineos has thrown its backing behind a trailblazing north-east carbon capture and storage (CCS) project.
UK could create 10,000 new green jobs by seizing CCUS ‘early mover advantage’
As many as 10,000 new green industrial jobs could be created by the middle of the decade if carbon capture utilisation and storage is immediately scaled up.
No, not the Euros – Denmark, Italy and Spain team up for Scottish offshore wind bid
The latest renewable energy consortium to announce its intention to bid for a slice of Scottish offshore wind farm action is made up of companies from Denmark, Italy and Spain.
Big business making jump to green energy
The energy transition will come in a variety of forms, but playing a critical role will be offshore wind, carbon capture utilisation and storage (CCUS), and hydrogen.
Industry collaboration on carbon capture is key to unlock net-zero economy
Carbon capture and storage (CCS) is seen as an essential requirement by the oil and gas industry for it to meet the targets of the Paris Agreement, however the only way it will become commercially viable is if companies collaborate to create shared-CCS hubs, according to Wood Mackenzie.
Gabon cashes carbon cheque for forestry support
The Central African Forest Initiative (CAFI) has made a first payment to Gabon for the country’s reduced deforestation.
South Asia steps up efforts to follow global energy transition
South Asia, which includes India, Pakistan, Sri Lanka, and Bangladesh, is slowly following the rest of the world in the transition towards cleaner energy systems. The subtle shift opens potentially large market opportunities for energy service suppliers.
OGTC partners with consortium to deliver cost effective Direct Air Capture technology
OGTC has partnered with a consortium to deliver a sustainable membrane absorption and regeneration technology for direct air capture (SMART-DAC).
Santos urges Australia to develop into ‘carbon storage superpower’
Santos chief executive Kevin Gallagher warned oil and gas industry leaders that achieving net zero emissions will be crucial for the natural gas industry to avoid coal’s fate of being shunned by equity investors and lenders.
Storegga, company behind Acorn project, forms CCS joint venture in US
Storegga Geotechnologies, the driving force behind Aberdeenshire’s Acorn project, is eyeing up carbon capture and storage (CCS) opportunities across the pond.
Indonesia mulls carbon tax to help finance clean energy
The Indonesian Ministry of Finance has announced plans to introduce carbon pricing in an effort to help finance clean energy projects and boost tax revenues, as well as cut emissions, in Southeast Asia’s largest economy.
STRYDE, Explor, and Carbon Management Canada achieve new record in seismic imaging for CCUS
Pioneering seismic technology provider STRYDE today announced its Nodes were used in conjunction with Explor PinPoint technology to achieve a new global record in land seismic trace density at the Carbon Management Canada (CMC) Field Research Station.
CCS is crucial for BP and Repsol investments in Indonesia
Proposed new regulations signal that the Indonesian government appears to have recognised the importance of supporting carbon capture and storage (CCS) schemes. Such regulations will be crucial to encourage major companies, such as BP and Repsol, to invest in significant new upstream production in Indonesia.
Rosy signs for Acorn as business secretary dubs north-east CCS project ‘very attractive’
A north-east carbon capture and storage (CCS) project’s hopes of receiving government backing have been given a boost after a senior politician sang its praises.
IOG joins forces with Heriot-Watt Uni to study CCS potential of its licence areas
Independent Oil and Gas (IOG) is joining forces with Heriot-Watt University to study the potential for carbon capture and storage (CCS) in its southern North Sea licence areas.