UK can do better at CCUS, event hears
No CO2 has been sequestered, no FID has been taken and no commercial scale projects are in operation. At the event, speakers set out their hopes for projects to reach FID by this time in 2024.
UK
Delays pose ‘significant risk’ to UK CCS targets
A new report on UK carbon capture and storage (CCS) progress finds its ample pipeline and sound ambition could yet be undermined by the risk of delays and cancellations.
Autumn statement signals ‘big change’ for UK oil and gas decom taxation, expert says
Treasury documents released last week could spell good news for North Sea decommissioning and CCUS investment, but tax uncertainty remains.
Large-scale carbon capture an ‘illusion’ for oil and gas companies
Oil and gas companies must let go of the “illusion” of “implausibly large” carbon capture solutions, reduce their fossil fuel production and invest more in clean energy to align with international climate goals, the International Energy Agency (IEA) has said.
Report finds 100 North Sea storage sites needed to meet 2050 CCUS demand
A new report from Xodus has found around 100 North Sea reservoirs will be needed to meet UK demand for carbon capture utilisation and storage (CCUS) by 2050.
‘Strategic’ manufacturers to get billions of pounds in Treasury backing
Treasury will commit £960 million to a green industries growth accelerator plan covering carbon capture, hydrogen, nuclear energy and offshore wind
Aberdeen has ‘strong claim’ to get Labour’s GB Energy headquarters, Ed Miliband says
Labour's shadow climate secretary, visiting the north-east, said he wants the city to become the UK's 'clean energy capital'.
SEEL agrees 10% farm-in to North Sea Project Orion CCS licence
Sumitomo Corporation subsidiary SEEL agrees farm-in for 50% share of Carbon Catalysts 20% interest in the CS017 and CS018 licences, subject to regulatory approval.
Report warns UK CCS capacity will fall short of 2030 targets
A new report finds that the UK’s carbon capture and storage (CCS) capacity is likely to fall short of 2030 targets and complains of ‘disproportionate’ support for blue hydrogen schemes over electricity generation.
Iona makes key investment in Scottish CCS developer
Iona Capital has acquired a stake in Carbon Capture Scotland Limited (CCSL), as the firm looks to reach a 1 million tonne-per-year storage target by 2030.
UK Energy Minister to headline ETIDEX 2023 in Aberdeen
UK Minister for Energy Security and Net Zero announced as headline speaker for ETIDEX 2023.
Centrica chief trying to get the UK to speed up carbon capture
Centrica Plc boss Chris O’Shea is on a mission to show the UK government that it needs to rapidly speed up carbon capture projects, which could become crucial if the country is to reach its net zero ambitions.
Eni profits slump, but talks up new gas hub in Indonesia
Geng North is thought to hold around 5 trillion cubic feet of gas and 400 million barrels of condensate. Eni sees the Kutei Basin becoming a “new world class gas hub”.
UK minister fires into US’ IRA for protectionism
“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.
Eni agrees terms for ‘world first’ CCS business model at UK’s HyNet
Eni has reached an agreement in principle with the UK Government over the regulatory framework which will govern its HyNet carbon capture and storage (CCS) project in the UK.
Award nominees announced for 2023 Scottish Green Energy Awards
Scottish Renewables has announced the shortlisted nominees for the 2023 Scottish Green Energy Awards, set to be held on November 30 in Edinburgh.
Decarbonisation conference lauds progress, but warns UK could soon ‘lag behind’ global leaders
Over 200 energy industry leaders gathered in Aberdeen today as Offshore Energies UK (OEUK) held its first ever decarbonisation conference.
Exclusive: Three60 Energy acquires Pryme Group and Flexlife to create £200m revenue business
Aberdeen-based energy services firm Three60 Energy has announced it will acquire fellow Scottish firms Pryme Group and Flexlife, creating a £200 million revenue business.
BP hits key milestone on Northern Endurance CCS
BP (LON: BP) has hit a key milestone ahead of reaching a final investment decision on the Northern Endurance carbon capture and storage (CCS) project in the UK.
‘No signal’ that general election will put UK CCS funding at risk
There has been “no signal” that the UK Government’s £20bn of planned funding for CCS would be at risk following a general election, said a leading trade body.
Women In New Energy conference brings pioneering leaders to Aberdeen
Local leaders and international influencers gather in Aberdeen for Energy Voice's inaugural Women In New Energy conference celebrating the critical role women have in shaping the future of the energy sector.
Opinion: How Scotland’s Climate Week mantra can help to bridge the gap to net zero
A lot has been made in recent days about the UK’s position as a leader on climate change.
Spirit Energy CCS cluster in team-up with cement industry
A carbon capture and storage (CCS) cluster led by North Sea operator Spirit Energy has announced a team up with the cement industry.
UK carbon capture projects consider move overseas over funding delays
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.
Shell pushes on with CCS in Southern North Sea transformation
It comes weeks after the firm received final bids for its SNS gas fields, and after exiting the Northern Endurance carbon capture and storage project.