Baker Hughes and Horisont team up for Barents Sea carbon capture project
Baker Hughes and Horisont Energi have entered into a pact for the Polaris carbon storage project off the northern coast of Norway.
carbon capture
NECCUS funding award could ‘realise the ambition’ of north-east’s low carbon initiatives
It’s hoped the award of more than a million pounds to a Scottish decarbonisation group could help to “realise the ambition” of energy transition initiatives in the north-east.
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.
Occidental is first U.S. oil major to target net zero emissions
Occidental Petroleum Corp. became the first major U.S. oil producer to aim for net zero emissions from everything it extracts and sells, accelerating an industry trend that’s become commonplace in Europe.
UK sky mining facility sucks carbon out of the air to make eco-friendly diamonds
Diamonds are not only a girl's best friend - they may have found new love from the environment too.
BP, Eni, Equinor, Shell and Total team up to develop North Sea carbon capture infrastructure
A number of the oil and gas industry’s biggest players have joined forces to speed up the decarbonisation of industry and power.
Zero Carbon Humber Partnership submits £75 million bid to advance UK’s first net zero industrial cluster
Twelve leading companies and organisations across the Humber have jointly submitted a bid worth around £75 million to accelerate decarbonisation in the UK’s most carbon intensive industrial region.
Wood partners with SGN to create ‘decarbonisation roadmap’ in Scotland
Wood, of Aberdeen, is teaming up with gas distribution network company SGN to create a "decarbonisation roadmap" for the north-east and east coast of Scotland.
Scotland’s ‘golden opportunity’: Nicola Sturgeon’s adviser urges North Sea sector to move into carbon capture
Nicola Sturgeon’s key economic adviser has said the North Sea sector must move into carbon capture technology to overcome the low oil price and recover from Covid-19 economic damage.
Record spending cuts this year, IEA warns
The coronavirus pandemic has triggered the “largest drop in global energy investment in history”, the International Energy Agency (IEA) has said, launching its World Energy Investment 2020 report.
Equinor, Shell, Total ‘positive’ about suitability of Troll well for carbon capture storage
A partnership group of Equinor, Shell and Total has announced the completion of a carbon capture (CO2) storage suitability drilling campaign in the Norwegian North Sea.
Oil majors commit to speeding up huge carbon capture project on Teesside
A group of oil and gas giants will today announce plans to accelerate a huge carbon capture, usage and storage (CCUS) project to decarbonise an industrial area of Teesside.
British-backed carbon start-up captures big investment
A company which was backed by the British Government has raised 16 million US dollars (£12 million) from investors including US oil major Chevron in a bid to spread its technology to capture carbon from industrial plants.
BP beefs up carbon capture team in bid to meet climate goals
BP Plc is expanding its team working on carbon capture and storage projects as part of its ambition to zero out net greenhouse-gas emissions by 2050.
Let’s leave North Sea ‘small pools’ in the ground
I was recently reminded of a new year’s resolution that I made some years ago - one which I’m successfully keeping to this day. Back then, I committed to making the transition towards a greener, more sustainable personal lifestyle. But here’s the clever bit: I figured it would also be OK to carry on pretty much as before with all my current behaviours. So, no really big changes required and certainly no tough decisions to make. Now, maybe it’s just me, but expecting the oil industry to get right behind the energy transition whilst sticking with MER does feel kind of similar.
‘Few signs’ oil firms shifting spending habits to help tackle climate change, IEA warns
Oil and gas companies have provided “few signs” that they are willing to devote enough cash to tackling climate change, a new report said.
Equinor aims to lower emissions in Norway to ‘near zero’ in 2050
Equinor has unveiled new targets to reduce emissions from its operated offshore fields and onshore plants in Norway by 40% by 2030, 70% by 2040 and to near zero by 2050.
Net-zero decommissioning the ‘next big step’, report says
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.
Shell gets green light to decommission North Sea Goldeneye platform
Shell has received the green light to decommission its Goldeneye platform in the North Sea.
Edinburgh scientists receive funding for pioneering hydrogen storage study
Scientists from Edinburgh University have received funding for a £1.4 million research project to investigate the storage of hydrogen in the subsurface.
Carbon capture can help meet net zero – but there are alternatives
Offshore Europe 2019 has precipitated a number of reports on the importance of Carbon Capture Utilisation and Storage (CCUS) to achieving the UK’s net zero target. Indeed some commentators state that CCUS is essential; it is not an option.
Carbon storage is an imperative of climate action
Carbon capture and storage (CCS) seems to be everywhere at moment – in just the last week, two major reports have come out calling on governments in the UK to act on its delivery. Over the last year, report after report has emphasised the necessity of CCS in tackling climate change, and the urgency of deploying it in industrial clusters around the UK.
Exclusive: Shell, Chrysaor get behind Acorn carbon capture project
Energy giant Shell is getting “actively” involved in a north-east carbon capture project again – less than five years after its plans for a similar scheme were derailed.
Explorers in ‘existential crisis’ as energy transition picks up pace, Woodmac says
Explorers are in the grip of an existential crisis as the energy transition gathers pace, an analyst said today.
Exxon Mobil invests in Global Thermostat carbon capture technology
Exxon Mobil is investing in a new carbon-capture technology firm that aims to economically suck emissions out of the sky near power plants and other large industrial sources.