UK offshore regulator calls for North Sea carbon storage proposals
The North Sea Transition Authority (NSTA) regulator is calling for nominations for potential carbon storage locations on the UK continental shelf (UKCS).
Viking CCS
UK and Norway sign green energy industrial partnership amid difficult week for Labour
The UK and Norway have formalised a green industrial partnership focused on the energy transition amid a week of setbacks for Labour's clean power goals.
North Sea operator Harbour Energy confirms it will cut 250 jobs in Aberdeen
North Sea operator Harbour Energy has confirmed it will cut 250 jobs from its headquarters in Aberdeen.
Reform victories raise alarm bells for UK clean energy sector
Reform leader Nigel Farage has branded the debate around net zero as the “next Brexit” after his party stormed to unprecedented success in English local elections last week.
Humber industry backs progress on Harbour Energy’s Viking CCS following HyNet agreement
Industrial bodies in the Humber are calling on the UK government to back Harbour Energy's proposed Viking carbon capture and storage (CCS) project in the region.
Humber carbon emitter wants government signal on Viking CCS
Power company VPI has called for clarity to progress the Viking carbon capture and storage (CCS) project and help drive the future of heavy industries in the Humber.
Viking CCS pipeline wins planning consent
A pipeline that will be used to transport carbon to be buried in a depleted North Sea gas field has been awarded planning consent.
UK carbon capture projects like Acorn need certainty ‘before Christmas’, CCSA says
The UK carbon capture and storage sector needs certainty "before Christmas" to ensure projects like Acorn and Viking CCS can move forward, according to industry body CCSA.
CCUS projects ‘exceeded’ targets as UK ‘on track’ to be a low-carbon leader
The policy brains behind the UK’s carbon capture, utilisation and storage (CCUS) clusters have hailed progress towards ambitions to make Great Britain a world leader in the technology despite deep concerns about delays in the projects.
Harbour reports $1.21bn in earnings for first half of 2024
Harbour Energy (LON: HBR) has revealed earnings of $1.2 billion in the first half of 2024 as it progresses with its Wintershall Dea acquisition takeover.
Aberdeen’s Apollo to lead studies on large-scale UK carbon capture and shipping hub
Aberdeen's Apollo Engineering will lead three feasibility studies into the planned Severnside Carbon Capture and Shipping Hub (7CO2) near Bristol.
Harbour Energy ‘confident’ on completing Wintershall DEA deal despite German headwinds
Harbour Energy executives remain confident the company's planned takeover of Wintershall Dea will get approval from German authorities.
Drax to explore Viking carbon transport options with Harbour, BP
Drax is to explore a tie-up with the developers of the Viking carbon capture and storage (CCS) project which could see an additional route for sequestering biomass emissions.
Viking CCS project awards FEED contract to Technip Energies
The developers behind the Viking carbon capture and storage (CCS) project have awarded a front end engineering and design (FEED) contract to French firm Technip Energies.
NSTA carbon storage licensing projects start to lock in industrial partners
The UK government outlined its CCUS Vision in December, but where will the carbon set to be stored in offshore sites be sourced from?
Progress for Acorn, Viking as government unveils ‘CCUS Vision’
The UK government has set out the next steps towards developing a ‘self-sustaining’ CCUS market from 2035, alongside updates on its cluster sequencing process.
UK can do better at CCUS, event hears
No CO2 has been sequestered, no FID has been taken and no commercial scale projects are in operation. At the event, speakers set out their hopes for projects to reach FID by this time in 2024.
Delays pose ‘significant risk’ to UK CCS targets
A new report on UK carbon capture and storage (CCS) progress finds its ample pipeline and sound ambition could yet be undermined by the risk of delays and cancellations.
Report warns UK CCS capacity will fall short of 2030 targets
A new report finds that the UK’s carbon capture and storage (CCS) capacity is likely to fall short of 2030 targets and complains of ‘disproportionate’ support for blue hydrogen schemes over electricity generation.
What is Carbon Capture Utilisation and Storage?
One area of the energy sector that everyone will be looking at following today’s budget is carbon capture utilisation and storage, however, what does that mean?
Harbour Energy calls for CCS investment incentive amid windfall tax woes
Harbour Energy (LON: HBR) chief executive Linda Cook told investors that her firm will lobby government to include carbon capture and storage (CCS) spending in windfall tax allowances.
Allowing its engineers to ‘shine’ gives Wood the edge in the CCS market
Chief executive of Wood (LON:WG), Ken Gilmartin, says that his firm's growth in carbon capture comes from picking work that allows its “subject matter experts shine.”
‘We need a sensible fiscal environment’: Harbour Energy and Equinor bosses respond to Shapps summit
"We need a stable and sensible fiscal environment,” said Harbour Energy’s CEO, in order to have confidence to invest long-term.
Everything you need to know about the ‘transformational’ Viking CCS project
Following the announcement that the Viking CCS project has been awarded two new storage licences, here is everything you need to know about the Humber CCS cluster.
BP profits hit $5bn in first quarter with more cash for share buybacks
BP (LON: BP) has reported first quarter 2023 profits of $5bn, as more cash is pushed towards shareholder returns.