Treasury documents released last week could spell good news for North Sea decommissioning and CCUS investment, but tax uncertainty remains.
Carbon capture utilisation and storage (CCUS)
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.
Sultan Ahmed Al Jaber is the President-Designate of the upcoming United Nations climate summit in Dubai, or COP28. He’s also head of the Abu Dhabi National Oil Company.
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.
The Middle East has long been synonymous with the oil and gas industry, with approximately 30% of the world’s oil currently produced in the region.
Aberdeen's Well-Safe Solutions has hired Alexa Duncan as its first energy transition manager as the firm targets carbon capture and storage and geothermal project capabilities.
Over 200 energy industry leaders gathered in Aberdeen today as Offshore Energies UK (OEUK) held its first ever decarbonisation conference.
One area of the energy sector that everyone will be looking at following today’s budget is carbon capture utilisation and storage, however, what does that mean?
Prior to 2023, the importance of carbon capture utilisation and storage (CCUS) in decarbonisation strategies was somewhat understated.
The UK government has reappointed professional services consultancy WSP to advise on the delivery of the country’s Carbon Capture, Utilisation and Storage (CCUS) programme.
Chief executive of Wood (LON:WG), Ken Gilmartin, says that his firm's growth in carbon capture comes from picking work that allows its “subject matter experts shine.”
Scottish Energy Secretary Neil Gray has responded to the UK Government’s North Sea and CCUS announcements.
UK energy minister Graham Stuart discusses the government's CCUS investment and its decision to back further North Sea licences
Carbon capture has become a hot topic in recent years as net zero deadlines loom and firms look to mitigate their impact on the environment.
After years of discussion and disappointments, amongst them at least two false dawns, the UK’s carbon capture utilisation and storage (CCUS) industry is starting to fall into place.
With awards rumoured to be on the way, we take a look at the companies who have announced public bids for acreage in the first UK CCS licensing round.
You only need to have read a little of the media coverage to realise there were some clear key themes to emerge from CERAWeek 2023.
The Acorn Carbon Capture and Storage (CCS) project in Aberdeenshire is a “leading contender” for development in a newly-launched funding round, the UK Government said today.
"Energy security day" expected to include a revamped net zero strategy - though the venue of Aberdeen could change.
Nearly every week we hear of an exciting development in carbon capture, utilisation and storage (CCUS).
The Crown Estate and Crown Estate Scotland (CES) have launched their first engagement with industry on the future of North Sea carbon capture utilisation and storage (CCUS).
A group of 30 delegates from across the energy sector recently attended a workshop on the future of carbon capture utilisation and storage (CCUS) and agreed that education is needed to ensure its success in the UK.
In response to its broadening remit, the NSTA recently appointed Andy Brooks as its first director of new ventures.
Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments, but helped by a significant rise in funding for hydrogen and carbon capture, utilisation and storage (CCUS) infrastructure, Rystad Energy research shows.
Indonesia’s state-backed energy company Pertamina aims to work with Japan’s Mitsui to undertake a joint study for carbon capture utilisation and storage (CCUS) technology at the firm’s upstream assets in central Sumatra.