Sasol has invited experienced companies to work with it on developing carbon offsets, in South Africa and the SADC region.
In order to limit global temperature rises to 1.5 degrees Celsius, companies must invest in technologies to remove emissions.
Holyrood’s energy minister has described Scotland as “potentially the best placed country in Europe” to deliver carbon capture utilisation and storage (CCUS) on a commercial scale.
A number of the oil and gas industry’s biggest players have joined forces to speed up the decarbonisation of industry and power.
The French government is delaying plans for Engie to secure a deal to import US LNG, citing concerns over emissions.
Increased funding from the EU and national governments have boosted the prospects for carbon capture technologies in Europe. Three projects in the Netherlands, Norway and UK could be operational by 2024.
Adnoc is considering how best to meet the world’s changing energy needs, although oil and gas will “remain at the heart” of the company’s business model, said Sultan Al Jaber.
The Oil and Gas Authority (OGA) has awarded a carbon dioxide appraisal and storage licence to Eni UK.
Zero Carbon Humber Partnership submits £75 million bid to advance UK’s first net zero industrial cluster
Twelve leading companies and organisations across the Humber have jointly submitted a bid worth around £75 million to accelerate decarbonisation in the UK’s most carbon intensive industrial region.