Carbon capture and storage

Americas

Exxon holds back on technology that could slow climate change

Elk and pronghorn antelope migrate each fall through southern Wyoming, where the sparsely vegetated landscape slowly gives way to the foothills of the Rocky Mountains. Interrupting this serene vista is a dense web of steel pipes, tanks, and pumps owned by Exxon Mobil Corp.

Opinion

Ten steps to a greener future?

Boris Johnson's Ten Point Plan for a Green Industrial Revolution sets out how the UK looks to "build back better" from the impact of coronavirus by creating green jobs and accelerating the transition to net zero emissions by 2050.

Europe

Europe’s CCS projects boosted by increased funding

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.

Opinion

We must lead. We must act.

The Covid-19 pandemic has had a vast impact on people’s lives, as well as on companies around the world.

Promoted

SPE Aberdeen Section focuses on the energy transition

The clock is now ticking to reach the target of Net Zero by 2050 in the UK (2045 in Scotland).  The oil and gas industry is a critical part of this transition to net zero and has the potential to be the leader in developing the solutions which will unlock a new, low carbon economy. This pivotal role of the oil and gas industry was clearly recognised recently by the Scottish Government with the £62 million Energy Transition Fund to support net zero projects.

Renewables/Energy Transition

Europe could see $35bn in CCS spending till 2035, with UK dominating

It’s been a long and costly two decades of carbon capture and storage (CCS) studies and test centers. Now Europe has reached a stage where big-scale developments make financial sense and could trigger up to $35 billion in development spending until 2035 – by which time as much as 75 million tonnes of CO2 could be captured and stored per year on the continent, a Rystad Energy analysis shows.