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.
ExxonMobil (NYSE:XOM) is planning a carbon capture utilisation and storage (CCUS) project at its giant Cepu block in East Java, said Dwi Soetjipto, the head of Indonesia’s upstream regulator SKK Migas.
Boris Johnson has insisted the north-east’s Scottish Cluster carbon capture bid “still has strong potential” despite the UK Government choosing to reject the project.
Despite a proposed carbon capture and storage (CCS) scheme, the Santos-led (ASX:STO) Barossa liquefied natural gas (LNG) project in Australia, will continue to release financially risky carbon dioxide emissions onsite, onshore and across the supply chain. This makes it one of the more expensive and dirtiest gas projects in the world, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).
‘Catastrophic blow’: Tory ministers under fire as north-east misses out on carbon capture cash again
The UK Government is under fire after dealing another “bitterly disappointing” blow to the north-east’s bid to host a pioneering clean energy scheme.
ExxonMobil (NYSE:XOM), which set up a low-carbon solutions division in February, is focusing on building a carbon capture and storage (CCS) business in Asia. Significantly, ExxonMobil believes there is over 300 billion tonnes of storage capacity in Southeast Asia alone, Tracy Lothian, vice president marketing, finance & commercial development, low carbon solutions, at the US giant, said today.
With 30 years of oil and gas experience, TRACS International (TRACS) has advised on development of oil and gas fields around the world – many of which are now candidates for safe disposal of CO2.
The Oil and Gas Authority (OGA) has granted Harbour Energy (LON:HBR) a carbon capture and storage (CCS) licence for its V Net Zero project in the Humber.
Repsol (BME:REP) said it will start up a key carbon capture and storage (CCS) project in Indonesia in 2027. Significantly, the CCS scheme tied to the onshore Sakakemang Block will be among the largest of its kind in the world and will be the first for both Repsol and Indonesia, claimed the Spanish company.
Spiralling gas prices and shortages of fuel on the UK’s forecourts have brought into sharp focus the importance of ensuring policy protects the country’s energy supplies throughout the energy transition.
The countdown to COP26 is well and truly upon us. In a few short weeks, world leaders will gather in Glasgow for crucial talks on climate change, with a focus on cutting carbon to achieve net zero emissions by 2050.
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.
ExxonMobil (NYSE:XOM) and Rosneft (MCX:ROSN) have signed a memorandum of understanding to cooperate on the assessment of lower-carbon technologies to reduce greenhouse gas emissions from their operations.
Petrochemical giant Ineos has said it is “reasonably confident” that the Acorn project in Aberdeenshire will be selected as part of the UK government’s first two CCUS clusters.
Petrofac is teaming up with tech firm CO2 Capsol targeting carbon capture and storage (CCS) work across the UK, Europe and, eventually, globally.
Chevron has today set out plans to adapt to the energy transition through the investment of more cash in new low carbon sources.
Australia’s Santos today announced that it has signed a memorandum of understanding (MoU) with East Timor’s 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.
Aker Solutions, Siemens and Doosan Babcock have formed a consortium targeting work on carbon capture, utilisation and storage (CCUS) projects in the UK.
China's top offshore oil and gas producer, CNOOC, has launched the country's first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more than 1.46 million tonnes of carbon dioxide, reported Reuters.
BP and its Tangguh LNG partners today confirmed that Indonesian oil and gas regulator SKK Migas has approved the plan of development (POD) for a key carbon capture utilisation and storage (CCUS) project at the Tangguh LNG export complex. Significantly, BP claims this will make Tangguh "one of the lowest greenhouse gas (GHG) intensity liquefied natural gas (LNG) plants in the world."
A massive revamped OGA data platform is being launched to “unlock” new opportunities in CCS, hydrogen and “environmentally sustainable” oil and gas projects in the North Sea.
Indonesian upstream regulator SKK Migas has approved BP’s $2.04 billion plan to develop new gas fields in West Papua that will supply its Tangguh liquefied natural gas (LNG) export project. However, the UK supermajor will likely need Indonesia to finalise regulations around carbon capture, utilisation and storage (CCUS) before any expansion can take place.
Indonesia’s Medco Energi and Spain’s Repsol are reportedly keen to bid for ConocoPhillips' share of the giant onshore Corridor gas block in Indonesia estimated to be worth more than $1.5 billion.
Malaysia’s Petronas has delivered its first 'carbon neutral liquefied natural gas (LNG)' cargo from its Bintulu export complex to Japanese utility Shikoku Electric at the Sakaide import terminal in Shikoku Island. Although question marks remain around whether the industry can really make LNG carbon neutral.
Ineos and Wintershall DEA have decided to move ahead with the Greensand CCS pilot project in Denmark.