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.
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.
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.
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.
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 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.
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.
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 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.
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 has received the green light to decommission its Goldeneye platform in the North Sea.
Scientists from Edinburgh University have received funding for a £1.4 million research project to investigate the storage of hydrogen in the subsurface.
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 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.
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 are in the grip of an existential crisis as the energy transition gathers pace, an analyst said today.
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.
Carbon capture and storage remains firmly on the agenda as a way of mitigating at least some of the impacts of climate change.
A Royal Dutch Shell Plc-operated carbon capture and storage project in Canada has hit a milestone of sequestering 4 million tons of carbon dioxide about six months ahead of schedule and at a lower cost than estimated, helped by better-than-expected reliability.
Aberdeen energy service giant Wood will take part in a “world first” project to reduce carbon dioxide emissions.
International climate change leaders have gathered in Edinburgh to call for all sectors to join forces and rapidly develop carbon capture and storage (CCS) technology.
A prominent Labour MP has accused the UK Government of marching carbon capture and storage backers “up to the top of the hill” only to march them “back down again” in the past.
Carbon capture and storage is back on track for a full-scale scheme to open in the 2030s, according to the UK Government.
A feasibility study to bring a carbon capture and storage (CCS) project to the north-east has started, almost two years after the original £1billion venture was controversially shelved by the UK Government.
Scottish Energy Minister Paul Wheelhouse has told Holyrood the UK Government must set up a clear framework for renewable energy.