Carbon capture and storage โ ambitions and challenges
In May 2019, the UKโs Climate Change Committee stated that in order to achieve the UKโs net zero targets, carbon capture and storage is a necessity and not an option.
In May 2019, the UKโs Climate Change Committee stated that in order to achieve the UKโs net zero targets, carbon capture and storage is a necessity and not an option.
Firms with a licence to drill in the North Sea will report findings of what lies beneath the North Sea to help put together a โtreasure mapโ to support the UK's carbon capture and storage efforts.
A group of 30 delegates from across the energy sector recently attended a workshop on the future of carbon capture utilisation and storage (CCUS) and agreed that education is needed to ensure its success in the UK.
Chevron (NYSE:CVX) will contribute a combined A$38 million (US$26.4 million) to carbon capture and storage (CCS) research projects in Western Australia and Victoria, advancing knowledge of the critical emissions technology for a lower carbon future.
Malaysiaโs international energy shipping company MISC, which is closely tied to Petronas, has signed agreements with Japanโs Mitsui, South Koreaโs Samsung Heavy Industries (SHI), and Austriaโs ANDRITZ, to explore carbon capture and storage (CCS) solutions in the maritime value chain.
Honeywell has been selected as the carbon capture technology provider for PTT Exploration & Production (PTTEP) at the Arthit carbon capture and storage (CCS) project for the Arthit gas field in the Gulf of Thailand.
Shell (LON:SHEL) has signed a memorandum of understanding (MoU) with Sinopec, Baowu and BASF to explore the feasibility of developing an open-source carbon capture, utilisation and storage (CCUS) project in the East China region.
Malaysian national oil company Petronas has signed a memorandum of understanding (MoU) with UK-based Storegga, a developer of carbon storage and clean fuels, to assess and determine the commercial, regulatory, and economic factors needed for the development of carbon capture and storage (CCS) hub and cluster projects in Malaysia.
Singapore will target net-zero emissions by 2050 and is bolstering its short-term climate goals even as the city-state acknowledges it faces challenges to shift to cleaner energy sources.
Woodside Energy and LanzaTech, a US-based carbon capture and transformation company, have announced a strategic collaboration after signing a deal.
Mitsui and Shell (LON:SHEL) have signed a joint agreement to explore the technical and commercial feasibility of carbon capture and storage (CCS) in Asia Pacific, including Japan.
PetroChina posted its best-ever first-half earnings as the nationโs top oil and gas driller benefited from soaring global energy prices, and said that government stimulus is starting to lift Chinese oil demand.
India is planning to start a carbon trading market for major emitters in the energy, steel and cement industries, as part of its efforts to hasten the transition to cleaner fuels.
Australian oil and gas company Woodside is planning to build a pilot carbon capture and utilisation plant in Western Australia. The Eastern Metropolitan Regional Council (EMRC) and Woodside are collaborating on a carbon-to-products pilot project that proposes to recycle greenhouse gases into useful products.
Fishing has been the lifeblood of Peterhead for 400 years and thatโs not about to change any time soon.
In the wake of COP26 in November last year, the need for a skilled and well-trained workforce to deliver the transition to renewable energy has been recognised globally.
Italian contractor Saipem has entered into a partnership to explore building a carbon dioxide capture and utilisation (CCU) plant.
Worley has been awarded a front-end engineering and design (FEED) contract by VPI Immingham for a post-combustion carbon capture facility, as part of the Humber Zero project.
In May 2021, the International Energy Agency (IEA) released Net Zero by 2050: a Roadmap for the Global Energy Sector, the first comprehensive study of how to transition to a net zero energy system by 2050, while ensuring stable and affordable energy supplies, universal energy access, and enabling robust economic growth.
The UK Governmentโs decision to put the Acorn project on a reserve list offers โno advantageโ, says a world-leading carbon capture expert.
Carbon capture, utilisation, and storage (CCUS) is set to play a vital role in the UKโs green industrial revolution to reduce carbon dioxide emissions and enable a net-zero economy by 2050.
Australiaโs Santos today announced that it has signed a memorandum of understanding (MoU) with East Timorโs regulator ANPM to progress a carbon capture and storage (CCS) project, estimated to cost $1.6 billion, at the ageing Bayu Undan field in the Timor Sea. But low returns and high complexity threaten the viability of the proposed scheme.
Almost a third of shareholders defied the wishes of Shell board members to vote in favour of a resolution tabled by an activist shareholder group at its annual general meeting today.
A landmark International Energy Agency (IEA) roadmap says no new oil and gas fields should be developed โ beyond those already sanctioned -- if the global energy sector is to achieve net-zero emissions by mid-century.
Baker Hughes and Horisont Energi have entered into a pact for the Polaris carbon storage project off the northern coast of Norway.