ExxonMobil (NYSE:XOM) and Pertamina, the state-owned energy company of Indonesia, have signed a joint study agreement to assess the potential for large-scale implementation of lower-emissions technologies, including carbon capture and storage (CCS), as well as hydrogen production.
Energy chiefs have given reassurance that while the pipeline of carbon capture and storage (CCS) projects is currently “modest”, it is “growing rapidly”.
Hooking up offshore wind farms directly to North Sea platforms could help oil firms into the renewable energy sector.
A North Sea oil firm has expressed concerns about the makeup of the Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process.
‘Today is a milestone’ – BP and Aberdeen City Council form joint venture to develop green hydrogen hub
Energy giant BP is to form a joint venture partnership with Aberdeen City Council (ACC) in order to deliver a major low carbon project.
South Korea’s SK Group will invest $100 million in a joint venture with 8 Rivers Capital that will focus on the decarbonisation of Korean and key Asian markets. Significantly, this marks one of the largest single private investments in a carbon capture solutions provider to date, said 8 Rivers Capital.
Low carbon technology firm Storegga has appointed Nicola Cocks as its new head of policy and regulation.
We’ve agreed a net zero target by 2050 but have we agreed a technically deliverable plan to get there?
It is widely accepted that the way we fuel our cars, heat our homes and generate power, needs to change if we are to meet our decarbonisation commitments and address the developing climate crisis.
Christopher Langrill, Tenaris Commercial Director in the UK, looks back on 2021 and shares how Tenaris has consolidated its position in the region while looking to advance the energy transition.
It is feared that Nicola Sturgeon’s recent comments on North Sea oil and gas may harm a key Aberdeenshire decarbonisation project.
A “tough challenge” awaits if the UK is to replicate Norway’s successes in decarbonising offshore assets, Wood Mackenzie has forecast.
Survey finds over half of executives working in hard-to-abate sectors plan to use CCUS to bust emissions
More than half of businesses in hard-to-abate sectors plan to use carbon capture, utilisation and storage to tackle emissions, a new survey has found.
Sir Ian Wood has questioned Westminster’s decision to provide initial backing to just two carbon capture and storage (CCS) clusters.
Ineos is to invest more than £1 billion to reduce the environmental impact of its Grangemouth refinery.
Peterhead’s future as a crucial hub for the transportation of low carbon fuel and emissions was discussed by ministers in Westminster this week.
Oil and gas majors are being warned they must plan for a “major production drop” in order to hit the 1.5°C Paris Agreement target.
A senior executive at Baker Hughes and chair of this year’s Offshore Europe has told the conference that the industry is well aware of its “responsibility” to net zero and “didn’t need COP26 to prick our conscience”.
North Sea oil and gas fields could one day receive green power from a huge substation, currently under construction in Shetland.
Oil and gas companies have a golden opportunity use the windfall from the recent commodity price upcycle to accelerate their decarbonisation drives, a new report says.
The chief executive of BP has added his name to the list of those calling for urgent action following the publication of a worrying climate change study.
Baker Hughes’ new North Sea vice president for oilfield services (OFS) has made decarbonising operations one of her key priorities.
This is the first in a series, by Snowflake, examining the concept of net zero data and how advances in technology can help the world’s largest organisations—especially those which are particularly emissions-intensive like oil and gas—reduce the carbon emissions footprint of their data.
Proposed new regulations signal that the Indonesian government appears to have recognised the importance of supporting carbon capture and storage (CCS) schemes. Such regulations will be crucial to encourage major companies, such as BP and Repsol, to invest in significant new upstream production in Indonesia.
Supermajors could look to divest their carbon heavy assets in order to meet climate change targets, a Verisk Maplecroft analyst has said.
Total and ArcelorMittal Nippon Steel (AMNS) have signed a deal for the supply of up to 500,000 tons of liquefied natural gas (LNG) per year until 2026.