Santos eyes final approval for giant CCS project
Australia’s Santos plans to take a final investment decision (FID) on its proposed Moomba carbon capture and storage (CCS) project that it said would be among the largest in the world.
CCS
Energean targets two years to transformation
Energean is on a path to transformation, with capital expenditure peaking in early 2022 and delivering – hopefully – 200,000 barrels of oil equivalent per day in 2023.
Energy Institute appoints BP veteran as new CEO
The Energy Institute has announced that a renewable energy boss at BP will become its new CEO.
Eni and Strathclyde Uni team up to help Scots oil workers move into renewables
Eni and the University of Strathclyde are joining forces to help Scottish oil workers transition into renewables.
‘It feels like virtue signalling’: Industry reacts to North Sea exploration ban report
UK jobs and companies would “pay the price” if ministers agreed a ban on new North Sea exploration, according to a senior industry source.
OGUK: North Sea exploration ban would ‘risk’ net-zero future
The UK’s leading oil and gas industry trade body has said any potential ban on new exploration in the North Sea would put the country’s net zero future at risk.
From the ‘Blue Toon’ to COO of Europe’s largest independent oil and gas firm
Thinking back to her early days as an engineer from Peterhead, Dawn Summers feels a “heavy obligation” to help bolster diversity and inclusion in oil and gas, particularly with young women.
Petronas cautiously eyes green energy transition
Malaysia’s Petronas is almost doubling its yearly capital investment spend on new energy initiatives this year as it eyes a slow measured diversification away from the traditional oil and gas business.
Exclusive: Mozambique, TCRK Energy launch hydrogen work
Mozambique state-owned Empresa Nacional de Hidrocarbonetos (ENH) has formed a joint task force with TCRK Energy, backed by serial Mozambique entrepreneur Tom Bruton, to investigate blue hydrogen opportunities.
Shell unveils ‘accelerated’ net zero strategy, confirms oil production peaked in 2019
Shell has launched a new “accelerated” strategy to get to net zero, and confirmed that oil production peaked for the company in 2019.
Worley job cuts reach 11,400 since start of pandemic
Engineering giant Worley has confirmed its job cuts total since the start of the Covid pandemic has reached 11,400.
‘We can win this’: Scottish firms urged to go for $100m CCS prize from Elon Musk
Elon Musk has said he’s putting $100million up for grabs to the best carbon capture and storage (CCS) tech – and Scottish firms are being told to go for it.
Chevron backs a startup proposing turning carbon into gravel
Chevron Corp. is investing in a California startup that captures carbon dioxide from factories and converts the greenhouse gas into gravel and other building materials.
Exxon holds back on technology that could slow climate change
Elk and pronghorn antelope migrate each fall through southern Wyoming, where the sparsely vegetated landscape slowly gives way to the foothills of the Rocky Mountains. Interrupting this serene vista is a dense web of steel pipes, tanks, and pumps owned by Exxon Mobil Corp.
UK power grid heads for greenest year as renewables grow
The UK power generation industry is headed for its greenest year yet as more capacity for renewables is added and coal plants are needed less often.
Equinor, Shell and Total celebrate as Northern Lights CCS scheme gets go-ahead
The Norwegian Government today approved the final investment decision for the Northern Lights CO2 transport and storage project.
Reasons to be optimistic about the next stage in the energy transition in Scotland
The recent publication of the timetable for the Scotwind leasing round that will start the next stage in the development of offshore wind in Scotland, shortly followed by the UK Prime Minister’s 10 Point Plan, has focused minds on what a green recovery really means for the communities and businesses north of the border.
Ban on sales of new petrol and diesel cars and vans brought forward to 2030
Sales of new petrol and diesel cars and vans will be phased out by 2030, Boris Johnson has confirmed as he set out his 10-point plan for a "green industrial revolution".
Zero hour: Four ways governments can unlock green businesses at COP26
In the “business-as-usual” version of 2020, global leaders should have been gathering this week in Glasgow for the most important meeting on climate since the Paris Agreement five years ago.
Chrysaor hands in application for CO2 storage licence
Oil and gas firm Chrysaor is seeking permission to store carbon dioxide in a depleted southern North Sea gas reservoir.
Four big takeaways from the IEA World Energy Outlook report
Once a year, the International Energy Agency attempts to impose some order on the chaotic world of oil, gas, power and carbon by publishing detailed scenarios on how the next few decades might unfold.
Rio Grande LNG aims for carbon neutrality with CCS
NextDecade plans to cut CO2 equivalent emissions at its planned Rio Grande LNG facility by around 90%.
Don’t let there be a ‘Kodak moment’
The UK North Sea oil industry may have reached its own Kodak moment, said Stuart Payne, a director at the sector’s regulator.
Diversifying out of oil and gas ‘absolutely what companies should be doing’ says Sir Ian Wood
Sir Ian Wood has said diversifying into areas out of oil and gas is “absolutely what companies should be doing”.
BP counsel says energy transition is ‘enormous opportunity for lawyers’
The energy transition is an “enormous opportunity for lawyers”, according to the managing counsel for BP North Sea.