BP and Equinor low carbon projects among those shortlisted for govt funding
Westminster has unveiled the shortlisted bidders in ‘Phase 2’ of its carbon capture utilisation and storage (CCUS) cluster sequencing process.
Carbon capture utilisation and storage (CCUS)
Bids for carbon storage licensing demand critical geological evaluation
Bidding for the UK’s first ever carbon storage licensing round has opened amid a high level of interest.
Carbon storage sites in Asia among cheapest globally
Carbon storage sites in Asia are expected to be among the cheapest globally and this could give the region a big advantage in the expanding market as the world races to decarbonise.
CCS will deliver ‘positive shockwaves as strong as oil and gas’ says Storegga boss
Storegga is behind multibillion-dollar emissions-busting plans for north-east Scotland, including the Acorn carbon capture and storage (CCS) project. CEO Nick Cooper sits down with Energy Voice to assess the landscape.
Windfall tax risks ‘destabilising £200bn of energy investments’ warns industry chief
A windfall tax, reportedly due to be announced today, risks “destabilising” a planned £200bn of investment in the UK energy system this decade, the industry trade body has warned.
Aberdeen chamber report: Govt must ‘step-up and back’ energy industry transition as oil and gas demand grows
A business group has renewed demands that government must put support behind low carbon projects in the north east that will "shift the dial" as concerns have been raised that confidence in key low carbon technologies such as carbon capture and storage (CCS) has faltered, a new report has found.
Bigger in Texas: Can Aberdeen learn from Houston on energy transition?
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.
UK’s largest fishing port looks to carbon capture for its next big catch
Fishing has been the lifeblood of Peterhead for 400 years and that’s not about to change any time soon.
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.
BP trying to block part of UK offshore windfarm, says Orsted
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.
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.
Aker Solutions to create 200 UK jobs in renewables push
Aker Solutions will create 200 UK jobs this year as part of a drive into renewables and low carbon oil and gas projects.
CCUS outlook ‘bright and busy’, but regulatory models needed
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.
NorthStone: Spending surge predicted for oil and gas
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.
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.
Survey finds over half of executives working in hard-to-abate sectors plan to use CCUS to bust emissions
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 10 Point Pod delves deep into the heart of CCUS
The role that carbon capture utilisation and storage (CCUS) will have to play in the future energy mix currently splits opinion.
Fresh perspectives and diverse skillsets will power the energy transition
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.
UK could create 10,000 new green jobs by seizing CCUS ‘early mover advantage’
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.
Crown Estate launches forum to tackle CCUS, offshore wind space conundrum
A new group has been launched in order to unlock co-location opportunities for offshore wind and carbon capture utilisation and storage (CCUS).
CCS is crucial for BP and Repsol investments in Indonesia
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.
UK Government launches CCUS consultation
The UK Government is seeking views on its proposed carbon capture, utilisation and storage (CCUS) strategy.
NECCUS gets £1.23m to develop emissions reduction roadmap with Shell, Chrysaor involved
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.
‘CCUS can not be used to justify continuing to emit carbon’ – CEE Bill Alliance responds to Energy Minister’s comments
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.
“We mustn’t confuse the public with Extinction Rebellion” – UK Energy Minister Kwasi Kwarteng sets out case for CCUS
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.