If Aberdeen is the “oil and gas capital of Europe”, Houston is surely the global hub – and the pair’s respective energy transition journeys are “almost an exact correlation” of each other.
Fishing has been the lifeblood of Peterhead for 400 years and that’s not about to change any time soon.
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.
BP is trying to block development of part of a giant wind farm in waters off England’s east coast, according to Denmark’s Orsted.
Scotland would be up to £6.7 billion better off with investment in carbon capture technology, the energy minister has said.
Aker Solutions will create 200 UK jobs this year as part of a drive into renewables and low carbon oil and gas projects.
With carbon capture, utilisation and storage an essential component of delivering the UK’s net zero commitments, attention is now turning to project delivery - as an upcoming Aberdeen event will explore.
While energy sector attention is focused on the low-carbon narrative, the short-term outlook for upstream activity is positive as we head into 2022. Consensus amongst industry analysts point to significant percentage increases in activity for next year, with further increases in 2023 and beyond.
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.
More than half of businesses in hard-to-abate sectors plan to use carbon capture, utilisation and storage to tackle emissions, a new survey has found.
The role that carbon capture utilisation and storage (CCUS) will have to play in the future energy mix currently splits opinion.
At bp, we are all guided by our ambition to become a net zero company by 2050 or sooner, and there is a real buzz around the role that our hydrogen and CCUS business - which I began leading last year - can play. Whilst relatively nascent in their development, both technologies offer real promise for delivering clean energy provision and decarbonising heavy industry and mobility, among other sectors.
As many as 10,000 new green industrial jobs could be created by the middle of the decade if carbon capture utilisation and storage is immediately scaled up.
A new group has been launched in order to unlock co-location opportunities for offshore wind and carbon capture utilisation and storage (CCUS).
Proposed new regulations signal that the Indonesian government appears to have recognised the importance of supporting carbon capture and storage (CCS) schemes. Such regulations will be crucial to encourage major companies, such as BP and Repsol, to invest in significant new upstream production in Indonesia.
The UK Government is seeking views on its proposed carbon capture, utilisation and storage (CCUS) strategy.
A Scottish decarbonisation group has been successful in its bid to secure more than a million pounds to draw up an industrial emissions reduction roadmap.
The minister said we have to make the case for CCUS, there are going to be carbon emissions and we are going to have to capture them.
Setting out why carbon capture, utilisation and storage (CCUS) is “absolutely essential” to hitting net zero targets will be key in garnering public support for the technology, according to the UK’s energy minister.
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.
Serious investment in technology to store emissions underground is the ‘only option right now’ for the oil industry to cut its climate change impact.
I was interested to read your recent article “CCUS is a stopgap to a big hydrogen world” which called CCUS a “blunt, end of pipe, short term solution” to tackling climate change. Instead, Tom Baxter argues, we should bypass CCUS and focus our ambition and investment on delivering green hydrogen.