Carbon tax needed to provide CCS business case
DNV GL recently produced a position paper Heading For Hydrogen. It is the findings of a survey of more than 1,000 senior oil and gas professionals covering safety, infrastructure, CCS and policy.
CCS
Green light from Equinor, Shell and Total for major CCS scheme
Oil majors Equinor, Shell and Total have committed to investing in a carbon capture and storage (CCS) project in Norway.
‘Urgent explanation’ needed on funding for low-carbon energy projects post-Brexit
I have just read about an “unintended consequence” of Brexit which involves sausages. Unless a derogation is achieved, Britain’s sausage makers will be unable to sell to the EU and Northern Ireland without a “special export health certificate”.
Oil investing in a carbon-averse world
The world continues to need investment in the oil and gas sector, according to most forecasts, but this is an increasingly difficult pitch for investors given concerns over carbon emissions.
‘Record number’ of oil and gas fields producing off Norway
Last year saw a “record number” of oil and gas fields producing in Norway, according to new analysis.
CCS must shake off its image as the ‘unicorn’ of climate action
A turbulent year of extreme weather events and global politics has drawn to a close with the stark warning from scientists that climate change is happening faster than previously predicted.
Scottish researchers win £12m CCUS funding from European pot
Scottish researchers working in the Carbon Capture Usage and Storage (CCUS) sector have scooped more than £12 million from a European Union funding pot.
‘Ground-breaking’ new CCS charter agreed by Scot Gov and oil sector
A “ground-breaking” agreement on carbon capture, usage and storage (CCUS) has been reached today between a group North Sea oil industry backers and the Scottish Government.
MER and the energy transition: Can OGA square the circle?
I recently presented at a UK Oil and Gas Law Seminar where the keynote speaker was Mike Tholen (Upstream Policy Director Oil & Gas UK).
Aker Solutions sets out green revenue targets for 2030
Aker Solutions has set out plans to derive 20% of its revenue from renewables and 25% from low-carbon solutions by 2030.
BP’s Dudley comes out swinging for gas
BP’s outgoing CEO Bob Dudley gave a defence of natural gas as one part of the world’s future energy mix, at a conference in London.
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.
Outlook for energy has ‘peak oil’ in the 2020s – DNV GL
Peak oil will occur in the next few years, a new report into energy transition has found.
Premier Oil director says supply chain still too big, urges support for CCS
An oil firm director has said that the supply chain is still too big in places and may have to “shrink” to become more efficient and robust.
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.
New funding plans for nuclear and CCS, BEIS say
New ways of funding nuclear power and technology to capture carbon emissions could help the UK deliver net-zero emissions, the Government has said.
New Australian research ‘paves the way’ for North Sea CCS
New research from Australian gas fields could 'pave the way' for the safe development of carbon capture and storage (CCS) in the UK North Sea.
APPG call for evidence on ‘enormous potential’ of CCS
The all-party parliamentary group (APPG) has called for evidence on the "enormous potential" of carbon capture and storage (CCS).
War of words over carbon capture plans
A war of words has erupted over progress on plans to develop carbon capture and storage (CCS) technology in the UK.
Fear of ‘false dawn’ for north-east jobs from delays on CCS plans
Fears have been raised of “another false dawn” for north-east jobs on carbon capture and storage (CCS) as the government risks falling behind on delivery plans.
UK carbon capture advisory group to include BP and Shell
A new UK Government-backed carbon capture advisory group will include representatives from BP and Shell.
North-east explorers back clean energy project after witnessing effects of climate change
A pair of north east explorers have said experiencing first-hand the effects of climate change has led to their backing of a ground-breaking clean energy scheme.
Peterhead Port named ‘ideal’ CCS transport site
Peterhead Port has been named as the ideal UK-wide hub to facilitate a carbon capture and storage (CCS) boom in the north of Scotland, a new study has revealed.
North Sea CO2 storage will support transition to low-carbon economy
We have 12 years to clean up our carbon act on a global scale or face catastrophic climate change: that was the stark warning from the IPCC in October. The following month, the UK Government reaffirmed its support for carbon capture and storage (CCS) – a tested technology that will deliver massive reductions in carbon emissions – and the Acorn CCS Project in north east Scotland secured a licence to select a suitable North Sea CO2 storage site.
CCS needs to start with a bang, not a whimper, DNV GL says
For Carbon Capture and Storage (CCS) to make a meaningful contribution towards decarbonising our energy system, it needs to start with a bang, not a whimper.