The UK Government is seeking views on its proposed carbon capture, utilisation and storage (CCUS) strategy.
Carbon capture utilisation and storage (CCUS)
Former BP CEO Bob Dudley has said investors “need to have a little patience with the oil and gas industry” as it adjusts for the energy transition.
Global energy consultancy AGR’s has today entered into a strategic framework for decarbonisation exploration with UK-based dCarbonX.
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
As the UK rises in the RECAI rankings, could its 10-point green plan catapult it to be a leader in the globe’s green recovery?
As light begins to appear at the end of the tunnel in the battle against the Coronavirus pandemic, it is now a time for governments worldwide to think deeply about a sustainable, green recovery plan. In the UK, a sign of intent to seize this enormous opportunity to build back better has been given with the announcement of a £12b plan for a ‘green industrial revolution’. The pledge comes with the UK already moving in the right direction jumping to 5th spot in EY’s latest Renewable Energy Country Attractive Index.
“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.
It’s fair to say 2020 has been an unprecedented year. Imagine how unlikely it would have seemed this time last year if someone had said wearing masks in a shop would now be essential, handshakes a distant memory and that we would need to brave the October chill outside the Chester Hotel and Dutch Mill to enjoy a drink?
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.
A number of the oil and gas industry’s biggest players have joined forces to speed up the decarbonisation of industry and power.
Adnoc is considering how best to meet the world’s changing energy needs, although oil and gas will “remain at the heart” of the company’s business model, said Sultan Al Jaber.
The Covid-19 pandemic has had a vast impact on people’s lives, as well as on companies around the world.
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.
It is no accident that those traditional oil and gas companies which shifted investment and skills towards the renewable energy market are the same firms now celebrating big offshore wind contracts.
Don’t know about you but my patience with certain politicians, the oil and gas industry and indeed a few entire countries is running just a tad thin nowadays. Why? Because I am not seeing the progress in dealing with climate change that I should be seeing.
Oil and Gas UK (OGUK) is "developing a detailed action plan" for North Sea emissions reduction, the representative body's top boss has revealed.
As years go, 2019 was a particularly significant one for Scotland’s energy sector, most notably with the Scottish Government declaring a climate emergency, and outlining our commitment to become a net-zero emissions economy and society by 2045.
The past year has been one of transformational change for the energy sector as the world woke up to the climate emergency.
The North Sea oil industry has been in transition for some years following the collapse of oil prices in late 2014. Large cost reductions have been painfully achieved. Production has increased due to a combination of new fields coming on stream plus a substantial increase in production efficiency to around 75%. But new field investment expenditure has fallen dramatically since 2015 and exploration remains at a relatively low level reflecting principally the maturity of the province as well as oil and gas prices far below their pre-2015 levels.
A host of firms including Ineos, Total and ExxonMobil are collaborating on plans for a carbon capture, use and storage (CCUS) site at the Port of Antwerp.
Hydrasun is on the verge of acquiring an unspecified company in Germany to strengthen its foothold in the hydrogen market.
A new report has called for rapid action on a vital technology for reducing carbon emissions which the UK has been “contemplating for too long”.
Scottish researchers working in the Carbon Capture Usage and Storage (CCUS) sector have scooped more than £12 million from a European Union funding pot.
A “ground-breaking” agreement on carbon capture, usage and storage (CCUS) has been reached today between a group North Sea oil industry backers and the Scottish Government.
Learning how to decommission oilfields without demolishing the UK oil and gas industry’s net-zero pledge is the “next big step”, a new report said.