Storegga rebrands ahead of CEO’s appearance at COP 27
Storegga has unveiled new branding ahead of its chief executive's appearance at the COP 27 conference in Egypt this week.
Acorn
Harbour targets FIDs on Acorn, Viking CCS in 2024
Harbour Energy (LON:HBR) reported strong nine-month performance in 2022 as production rose by more than a quarter, but again took aim at the impact of the UK’s windfall tax measures.
Tory government ‘snubs’ north-east carbon capture backers
The UK Government has snubbed a meeting with the team behind a carbon capture project that promises to deliver thousands of north-east jobs.
‘Urgent action’ needed to ensure north-east is at heart of UK’s £100 billion CCS industry
Carbon capture and storage (CCS) could create and underpin thousands of green jobs in the north and north-east of Scotland in the coming years.
Acorn developers ‘nervous’ over further delays to Track 2 timeline
The developers of the Acorn project say they hope the scheme can be online by 2027 but are wary of further delays to government support packages, as ministers met this week to discuss decarbonisation efforts.
AAB: Why hydrogen and why now?
Over a third of the UK’s carbon emissions are generated by the 80 percent of domestic homes currently using natural gas for heating and cooking.
UK’s first ever CCS round will ‘kickstart next phase’ of industry
The UK’s first ever Carbon Capture and Storage (CCS) licensing round is just a week away, mooted by the regulator to “kickstart the next phase of this great industry”.
We need urgent action now if the UK is to seize its golden opportunity to lead the world in carbon capture
The government is rightly pressing the urgency of the country’s energy security challenge. It is imperative we also use this as an opportunity to make large and purposeful strides towards our net zero obligations. In his recent letter to the oil and gas industry - 'Accelerating investment to protect Britain’s energy security' - Kwasi Kwarteng calls for the industry to “double down on investments in the clean energy transition”. Key to this is the acceleration of our home grown decarbonisation industry.
Storegga appoints ex-Citi director as new head of corporate finance
UK carbon capture developer Storegga has appointed Michael Alsford into the new role of head of corporate finance and investor relations.
A year after launch, the North Sea Transition Deal is building our nation’s low-carbon future
The UK’s bus and lorry fleets, plus many homes, could be running on low carbon hydrogen within two decades thanks to green technologies now being pioneered in three UK regions renowned until now for their carbon-intensive industries.
Plans for trailblazing Peterhead CCS power station lodged with government
Plans for new north-east low-carbon power station - that could create and support scores of green jobs - have taken a “major step” forwards.
Shell with new plan to get Jackdaw gas field online in 2025
Shell has unveiled new plans in a bid to get its rejected Jackdaw gas field in the North Sea back on track.
Matheson: Scotland up to £6.7 billion better off with carbon capture investment
Scotland would be up to £6.7 billion better off with investment in carbon capture technology, the energy minister has said.
Carbon capture project at ‘no advantage’ on reserve list, claims expert
The UK Government’s decision to put the Acorn project on a reserve list offers “no advantage”, says a world-leading carbon capture expert.
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.
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.
ExxonMobil commits $15bn to GHG emissions reduction
The US-headquartered oil major will invest $15 billion in new and “aggressive” emissions reduction plans.
Taking CCS from ambition to action
For those working across the energy industry, COP26 has been a hot topic for the last several years. Now, the conference is finally underway and, like everyone reading this, I am hopeful that it will see significant breakthroughs in the fight to tackle climate change globally.
Budget: Government ‘fails to provide clarity’ on next phase of £1bn CCUS competition
Chancellor Rishi Sunak has come under fire for “failing to provide much needed clarity” on future carbon capture projects after a snub for the Acorn project last week.
VIDEO: Boris Johnson says Scottish carbon capture bid ‘still has strong potential’ after snub
Boris Johnson has insisted the north-east’s Scottish Cluster carbon capture bid “still has strong potential” despite the UK Government choosing to reject the project.
CCUS rejection means ‘no clear pathway’ to future-proofing Scottish industry
The UK Government has announced its choice of the East Coast Cluster and HyNet North West to develop as the UK’s first Carbon Capture, Usage and Storage (CCUS) clusters by the mid-2020s. The Scottish Cluster has been named as a reserve project.
Harbour Energy wins CCS storage licence for V Net Zero
The Oil and Gas Authority (OGA) has granted Harbour Energy (LON:HBR) a carbon capture and storage (CCS) licence for its V Net Zero project in the Humber.
Shell ‘keeping fingers crossed’ for Acorn ahead of UK Gov CCS announcement
There is just a fortnight to go until the UK Government could reveal the two projects that will form its carbon capture and storage (CCS) vanguard.
Business leaders urge Boris Johnson to back Acorn CCUS in Aberdeenshire
Scottish business leaders have joined forces with billionaire Sir Ian Wood to demand the North-east is made the centre of plans to decarbonise the UK energy system.
Study to explore using Acorn to bag emissions from ExxonMobil’s Mossmorran site
US oil and gas giant ExxonMobil (NYSE: XOM – $61.62c) has upped its involvement in a key Aberdeenshire decarbonisation project.