Indonesia’s Medco Energi eyes CCS
Indonesian independent Medco Energi is carrying out a study to assess the potential of applying carbon capture, utilisation and storage (CCUS) technology at its operating assets.
CCS
BP cheers Indonesia first at Tangguh LNG
BP (LON: BP) today signed a memorandum of understanding (MoU) with upstream regulator SKK Migas for Indonesia’s first enhanced gas recovery (EGR) and carbon capture utilisation and storage (CCUS) development. The EGR and CCUS scheme will be implemented at BP’s Tangguh liquefied natural gas (LNG) project.
Sturgeon oil stance putting private investment in Acorn ‘at risk’, says NE MSP
It is feared that Nicola Sturgeon’s recent comments on North Sea oil and gas may harm a key Aberdeenshire decarbonisation project.
Is Santos and Eni’s CCS plan in the Timor Sea ‘carbon colonialism’?
Fast-moving plans for a Santos-led carbon capture and storage (CCS) project at the Bayu Undan field offshore East Timor, that would see the nation import Australia’s waste, have been described as “carbon colonialism” by independent thinktank La'o Hamutuk.
Acorn developer Storegga to explore CCS opportunities in Norway
Storegga, a major partner in an Aberdeenshire decarbonisation project, has entered into an agreement to explore carbon capture and storage (CCS) across the North Sea.
Craig International nets new orders worth more than £5m
Offshore procurement specialist Craig International, of Aberdeen, is to deliver two new contracts worth a total of more than £5 million through its fledgling Ecobuy service.
ExxonMobil bids for Gulf of Mexico leases ahead of carbon capture plans
ExxonMobil submitted bids for 94 drilling leases in shallow waters near the Texas coastline, an apparent step forward for a giant proposed carbon-capture project close to Houston’s industrial corridor.
Cashing in on capturing carbon
Interest in carbon capture is growing as companies and countries work to decarbonise operations and Delta CleanTech (CSE:DELT, FRA: 66C) is keen to seize the opportunity.
Petronas hooks up with Baker Hughes for energy transition tech
State-backed Malaysian energy company Petronas has signed a pact with Baker Hughes to collaborate on technological developments supporting the energy transition.
Petronas teams up with ExxonMobil, Technip Energies, for CCS
State-backed Malaysian energy company Petronas will jointly explore opportunities in carbon capture and storage (CCS) technologies with ExxonMobil (NYSE:XOM), to help decarbonise Malaysia’s upstream industry and provide storage solutions for Asia.
Chevron to use offsets after Australian carbon capture struggles
Chevron will buy more than 5 million greenhouse gas offsets after its giant Gorgon project in Australia missed targets to inject captured carbon dioxide underground.
Santos hooks up with CSIRO to negate carbon emissions
Santos (ASX:STO) is partnering with Australia’s national science agency, CSIRO, to develop what is hoped could become the lowest cost direct air capture technology in the world.
Questions swirl around Petronas’ Kasawari CCS
The Malaysian government and state-backed Petronas have made commitments to cut greenhouse gas emissions. However, these goals become particularly challenging when many undeveloped fields with high levels of carbon dioxide (CO2) and hydrogen sulfide need to be tapped to backfill Malaysia’s LNG export complex in the coming years.
ExxonMobil and Pertamina team up for CCS in Indonesia
ExxonMobil (NYSE:XOM) and Pertamina will together evaluate large-scale carbon capture and storage (CCS) opportunities in Indonesia.
Santos’ Australian CCS project gets investment nod, but critics pounce
Santos and joint venture partner Beach Energy have given final investment approval to proceed with the $165 million (A$220 million) Moomba carbon capture and storage (CCS) project in South Australia with start-up expected in 2024. But critics say Australian tax payers will be footing the bill for the emissions reductions effort and not the fossil fuel companies.
North-east Wood Group wins contract on rival carbon capture bid in England
A north-east engineering giant founded by the family of Sir Ian Wood has won a design contract on a carbon capture project in England that beat out a rival bid in Scotland in a recent competition.
North-east business chiefs urge PM to reverse Scottish Cluster rejection
Some of the energy industry’s biggest names are calling on the UK Government to make Scotland part of its initial carbon capture and storage (CCS) plans.
Repsol Sinopec ‘reviewing’ North Sea fields to determine scope for CCS
Repsol Sinopec Resources UK is “reviewing” its North Sea fields to judge whether they could be used to stow emissions.
ExxonMobil planning CCS project at Cepu in Indonesia
ExxonMobil (NYSE:XOM) is planning a carbon capture utilisation and storage (CCUS) project at its giant Cepu block in East Java, said Dwi Soetjipto, the head of Indonesia’s upstream regulator SKK Migas.
Survey finds over half of executives working in hard-to-abate sectors plan to use CCUS to bust emissions
More than half of businesses in hard-to-abate sectors plan to use carbon capture, utilisation and storage to tackle emissions, a new survey has found.
CCS will not save Santos’ Barossa LNG project, says IEEFA
Despite a proposed carbon capture and storage (CCS) scheme, the Santos-led (ASX:STO) Barossa liquefied natural gas (LNG) project in Australia, will continue to release financially risky carbon dioxide emissions onsite, onshore and across the supply chain. This makes it one of the more expensive and dirtiest gas projects in the world, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).
Sir Ian Wood calls on UK Government to ‘reconsider’ decision to omit Scottish Cluster from first phase
Sir Ian Wood has called on UK ministers to “reconsider their decision” not to pick Scotland as an initial base for carbon capture and storage (CCS).
‘Catastrophic blow’: Tory ministers under fire as north-east misses out on carbon capture cash again
The UK Government is under fire after dealing another “bitterly disappointing” blow to the north-east’s bid to host a pioneering clean energy scheme.
‘Extremely disappointing’: Scottish Cluster misses out on first round of UK Government’s £1bn CCUS competition
A pioneering north-east carbon capture, utilisation and storage (CCUS) scheme will not form part of the UK Government’s initial vanguard.
ExxonMobil eyes huge CCS potential in Southeast Asia
ExxonMobil (NYSE:XOM), which set up a low-carbon solutions division in February, is focusing on building a carbon capture and storage (CCS) business in Asia. Significantly, ExxonMobil believes there is over 300 billion tonnes of storage capacity in Southeast Asia alone, Tracy Lothian, vice president marketing, finance & commercial development, low carbon solutions, at the US giant, said today.