Eni signs string of HyNet MoUs
Eni’s UK subsidiary has signed 19 memoranda of understanding (MoUs) related to carbon capture and storage as part of the HyNet North West project, which won government backing last year.
Carbon capture utilisation and storage (CCUS)
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.
BP fuels calls for windfall tax as oil giant posts £11 billion profits in 2021 results
Oil giant BP has pledged to spend double what it earns in the UK in the coming years - but huge profits in its 2021 results and pressure on consumers have strengthened calls for a North Sea windfall tax
Chiyoda and Pertamina sign CCUS pact
Japanese engineering company Chiyoda and Indonesian national oil company Pertamina will jointly study the development and application of carbon capture, utilisation and storage (CCUS) technology after signing a memorandum of understanding (MoU).
WoodMac: Momentum building for CCS and hydrogen
With around 200 carbon capture, utilisation and storage (CCUS) projects now in the pipeline, the fledgling sector is set for significant growth in 2022 – but cost controls, operational success and political support will be essential to maintain pace, says Wood Mackenzie.
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.
Santos awards Baker Hughes CCS deal in Australia
US-based Baker Hughes (NASDAQ:BKR) will supply Santos’ (ASX:STO) Moomba carbon capture and storage (CCS) project in Australia with turbo machinery equipment.
The new Industry Mutual Hold Harmless Scheme – why you should consider signing up
A unique aspect of how the oil and gas industry operates is the concept of the mutual hold harmless indemnity – this is a legal tool for risk allocation by which each party to a contract agrees to take the risk of injury to its own personnel or damage to its property even if caused by the other party.
Big choices for big oil as energy transition sets tone for 2022, says Woodmac
It’s set to be an action-packed year for majors, independents and national oil companies (NOCs) alike in 2022. Big choices will set strategic trajectories for the energy transition ahead and the M&A market is set to heat up with multi-billion dollar acquisitions on the horizon, reports energy research company Wood Mackenzie.
Scotland made little technical progress toward Net Zero in 2021
Let’s face it, 2021 was a terrible year.
Carbon capture in the UK: risk considerations
Carbon capture, utilisation, and storage (CCUS) is set to play a vital role in the UK’s green industrial revolution to reduce carbon dioxide emissions and enable a net-zero economy by 2050.
Indonesia’s Medco Energi eyes CCS
Indonesian independent Medco Energi is carrying out a study to assess the potential of applying carbon capture, utilisation and storage (CCUS) technology at its operating assets.
BP cheers Indonesia first at Tangguh LNG
BP (LON: BP) today signed a memorandum of understanding (MoU) with upstream regulator SKK Migas for Indonesia’s first enhanced gas recovery (EGR) and carbon capture utilisation and storage (CCUS) development. The EGR and CCUS scheme will be implemented at BP’s Tangguh liquefied natural gas (LNG) project.
Petronas hooks up with Baker Hughes for energy transition tech
State-backed Malaysian energy company Petronas has signed a pact with Baker Hughes to collaborate on technological developments supporting the energy transition.
UK Government launches ‘Phase 2’ of CCUS cluster plan
The UK Government has launched the next step in its bid to deliver carbon capture utilisation and storage (CCUS) at two industrial clusters by the mid-2020s.
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.
Sturgeon calls Acorn CCS rejection “inexplicable”
Scotland’s First Minister has questioned the decision not to award government funding to the Acorn CCS project.
BP’s Tangguh LNG Train 3 to start-up in Q2 next year, says SKKMigas
Indonesian upstream regulator SKK Migas expects operations at BP’s (LON:BP) Tangguh liquefied natural gas (LNG) Train 3 project, which is under construction, to start in Q2 2022.
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.
UK business secretary grilled over Scottish CCUS rejection
UK business secretary Kwasi Kwarteng has been grilled over the decision to reject the Scottish Cluster from the first round of a £1billion government carbon capture utilisation and storage (CCUS) competition.
CCUS rejection means ‘no clear pathway’ to future-proofing Scottish industry
The UK Government has announced its choice of the East Coast Cluster and HyNet North West to develop as the UK’s first Carbon Capture, Usage and Storage (CCUS) clusters by the mid-2020s. The Scottish Cluster has been named as a reserve project.
East Coast Cluster and HyNet win CCUS support from UK Government
Amid disappointment for the Scottish cluster, two other projects have been successful in their bids to become the first two carbon capture utilisation and storage (CCUS) developments in the UK.
Jackdaw, Gas and Jackie Bird
Allister’s back from Glasgow having been ejected from the Scottish Press Awards (what do you mean Jackie Bird hasn’t listened to the Energy Voice podcast?).
Business leaders urge Boris Johnson to back Acorn CCUS in Aberdeenshire
Scottish business leaders have joined forces with billionaire Sir Ian Wood to demand the North-east is made the centre of plans to decarbonise the UK energy system.
Boris Johnson hints at investment for Acorn CCUS project in Aberdeenshire
Prime Minister Boris Johnson has hinted that the Acorn carbon capture, utilisation and storage (CCUS) project in Aberdeenshire could be set to benefit from government investment.