Eni among new investors in carbon capture firm
Cool Planet Technologies (CPT), a sustainable company focussed on affordable carbon capture, has closed a capital raise at €3 million.
Carbon capture and storage (CCS)
26 bids received in UK’s first carbon storage licence round
The UK is making progress on plans to store carbon dioxide emissions under the North Sea, with nearly 20 companies bidding for licences.
‘Critical’ years for rapid test and deployment of net zero technologies
New research has set out how the UK could rapidly accelerate net zero technologies and cut costs in the “critical” years ahead to capture global economic opportunities.
Danish energy regulator launches Power-to-X department
The Danish Energy Agency (DEA) is to establish a new secretariat to support the development of Power-to-X (PtX) projects, ahead of a formal tender for government-backed projects.
Shipping column: Greener OSVs, Diamonds and Northern Lights
Oil-related supply boats have largely been pushed to the back of the new offshore support vessels orders book as global energy priorities change, driven by climate change.
‘Damning’ IEEFA report into CCS is too simplistic
The Institute for Energy Economics and Financial Analysis (IEEFA) recently published a report examining carbon capture and storage (CCS), which claimed many sequestration projects have failed or underperformed. Environmentalists described it as "damning", but Professor Stuart Haszeldine, director of Scottish Carbon Capture & Storage (SCCS), believes it is too simplistic.
New CCS report should spell end for Peterhead project, claim campaigners
Environmentalists have reignited calls for a job-creating north-east low carbon project to be axed after the release of a “damning” new report.
The astonishing implications of Biden’s Inflation Reduction Act
While Europe has been grappling with the impacts of the war in Ukraine and the huge price rises in oil and gas that it has brought, in the US, the energy landscape looks very different.
Interview: Ex-BP boss Lord Browne calls for calm on North Sea protests
The former CEO of BP, who warned the industry of its impact on the climate 25 years ago, has said rising calls to cease new oil and gas in the North Sea should be tempered amid a need for homegrown supply.
ONS: Opportunities abound between Aberdeen and Hammerfest
The Municipality and Port of Hammerfest is ready to take centre stage in the next phase of the generations-long relationship between the north-east of Scotland and Norway by sending its largest ever delegation to ONS.
Harbour CEO says group will be ‘net debt free’ within months
The chief executive of Harbour Energy (LON: HBR) said another suite of bumper results will enable the company to reduce its net debt to zero in a matter of months, but was critical of the impact of the government’s windfall tax.
Scottish Cluster is ‘mission critical’ to UK reaching net zero – Matheson
Scotland's energy secretary has said there is no time to waste in getting the Scottish carbon capture and storage (CCS) cluster the green light.
Scottish energy secretary Matheson backs extension of North Sea windfall tax
Scottish energy secretary Michael Matheson has backed an extension to the North Sea windfall tax, and said he would broaden it to a range of other industries.
UK supply chain poised for lion’s share of carbon capture benefits
Some miles off the coasts of England, Ireland and Scotland, deep under the sea, lie rock formations which could be capable of holding up to 78 billion tonnes of CO2.
Ex-Noreco boss to head up Storegga’s new Americas business
UK-based decarbonisation developer Storegga has launched a new Americas business, led by the former head of Norwegian independent Noreco.
Government urged to shed light on ‘Track 2’ timeline following CCS report
UK Government is being urged to give urgent clarity about future support for carbon capture and storage (CCS) projects.
‘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.
Major engineering contract awarded for Peterhead Carbon Capture Power Station
A major engineering and design contract has been awarded for what is expected to become Scotland’s first carbon capture-enabled power plant at Peterhead.
Shell awaiting ‘urgent clarity’ from government on how Acorn project can progress
A lack of movement on carbon capture and storage (CCS) could be slowing the UK’s adoption of low carbon hydrogen.
Electrification, carbon storage and hydrogen could create 26,000 UK jobs by 2030, study finds
A trio of emerging low carbon technologies could generate almost 30,000 new UK jobs by 2030, according to research by Robert Gordon University (RGU).
How low can we make emissions go?
At Equinor, we plan to send them 1km below the seabed. Carbon emissions from the Humber and Teesside regions will be captured and safely stored beneath the North Sea. See how we’re accelerating the UK energy transition at equinor.co.uk.
What’s the safety case for the planet?
It’s not often an entire train of thought is triggered by a report on an unusual event in the world of ornithology.
Regulator launches new tool to maximise offshore infrastructure repurposing
A new screening tool designed to maximise the repurposing of oil and gas infrastructure has been established.
Exxon, Neptune and more sign agreement on large North Sea CCS project
Exxon Mobil and Neptune Energy are among those who have today signed an agreement to progress a large-scale CCS project in the North Sea.
‘Important day’ on path to net zero as UK’s first ever carbon storage licensing round opens
Bids are now being accepted for the UK’s first ever carbon storage licensing round, with 13 areas up for grabs.