Energy projects in developing countries to receive £79m in UK climate finance
Projects that aim to speed up the energy transition in developing countries will receive a share of £79 million in UK climate finance, the Government has announced.
CCS
Carbon Capture Storage News
UN climate summits ‘no longer fit for purpose’, leading experts say
The process of UN climate negotiations is no longer fit for purpose and requires a comprehensive overhaul, leading experts have warned.
EVOL: Courtroom contention, Selene sale and ADIPEC adventures
Ed is back from ADIPEC and is set to regale Ryan and Mat with tales from Abu Dhabi while Shell, Equinor and Ithaca appear in court and Delitc looks to farm down Selene.
Major cable project receives £2b funding package
Eastern Green Link 1 (EGL1) has been awarded a £2 billion funding package to build the proposed new 196km subsea and underground cable.
Report: Renewables provide nearly half of UK electricity
Renewable energy now provides around 47% of the UK’s electricity, up from just 15% a decade ago.
COP29: Oil majors pledge $500m energy access investment
Oil majors BP, Shell, Equinor and TotalEnergies have pledged a $500 million joint investment intended to increase energy access for people in key regions.
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Neighbors don’t want to be ‘test dummies’ for Biden’s carbon removal hubs
Roishetta Ozane knows a thing or two about pollution.
UK fund proposed to respond to US Inflation Reduction Act
The UK will fall further behind the US on green technologies without a national investment fund to help turn start-ups into the companies of tomorrow, a leading think-tank has warned.
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.”
TotalEnergies snaps up stake in Norwegian carbon storage licence
French supermajor TotalEnergies (Paris:TTE) has struck a deal to acquire a sizeable stake in a carbon storage licence offshore Norway.
Norway dishes out CO2 storage licence to Sval Energi and partners
The Norwegian Ministry of Petroleum and Energy has awarded a carbon dioxide storage licence to awarded Sval Energi for a North Sea project.
Perenco shares details of additional carbon storage wins
Perenco confirmed on Thursday that it had secured two further carbon storage licences, building on the permit it announced earlier this week.
Occidental to buy Canadian startup Carbon Engineering for $1.1bn
Warren Buffett-backed Occidental Petroleum agreed to buy Canadian startup Carbon Engineering for $1.1 billion as the oil producer expands its position as a leader in removing carbon dioxide from the atmosphere.
Goldeneye: The North Sea field that traded in gas for carbon storage
The Goldeneye pipeline previously carried gas from the field it shares a name with and is now set to store carbon emmissions in the North Sea
Denmark postpones second carbon storage licensing round
The Danish government has pushed back plans for its second carbon storage tender amid questions over whether the state should take a greater share of projects.
Perenco confirms UK carbon storage award at Leman
Perenco announced it has secured a licence as part of the UK’s carbon storage round, enabling its Poseidon carbon capture and storage project to proceed.
Acorn carbon capture project ‘boosts case’ for new Buchan rail links, say campaigners
Rail campaigners say a major energy scheme getting the go ahead near Peterhead boosts the case for new north-east rail links.
Employment expert warns success of UK energy ambition ‘hinges’ on IR35 overhaul
Issues around IR35 rules have reared their head again after the Prime Minister unveiled his extensive plans for reinforcing the UK’s energy security.
SNP urged to hand over promised £80m for north-east carbon capture
The Scottish Government is being urged to hand over £80 million of funding promised for carbon capture technology in the north-east.
‘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.
Occidental, Adnoc agree to review carbon capture investments
Occidental Petroleum has agreed to partner with the top oil producer in the United Arab Emirates to explore investment in the US and overseas for giant plants that suck carbon dioxide out of the sky.
Aberdeen University study shows CCS potential of North Sea ‘super basin’
New research led by the University of Aberdeen highlights the “huge potential” of carbon storage sites across a North Sea CCS ‘super basin’.
‘This is where the real work starts’: Storegga looks to next steps following Acorn Track 2 award
“This green light means we know that we can just get on with it now.”
Scottish energy secretary hits out at UK Government ‘lack of focus’ on just transition
Scottish Energy Secretary Neil Gray has responded to the UK Government’s North Sea and CCUS announcements.
‘Defining milestone’: Acorn CCS partners hail Track 2 funding
The project partners of the Acorn CCS development, selected today for Track 2 of the UK Government’s £1bn funding competition, have hailed it as a “defining milestone”.
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.
Confirmed: Aberdeenshire’s Acorn CCS selected for funding by UK Government
Acorn and the Viking project in the Humber have been selected as part of a £1bn funding competition from the UK Government.
Listicle: the top 10 projects in Europe’s CCS pipeline
As the world grapples with the pressing need to decarbonise, more and more countries are throwing the kitchen sink at the issue.
Aberdeenshire’s Acorn CCS finally poised for Track 2 funding announcement
"I’m delighted the Acorn project at St Fergus has been selected for development in Track 2” said Banff and Buchan MP David Duguid.
UK Government plans carbon capture support during ‘Energy Week’
Support for Carbon Capture and Storage (CCS) is planned as part of the UK Government’s upcoming Energy Week.
SNP’s Stephen Flynn warns ‘patience growing thin’ over carbon capture delays
SNP Westminster leader Stephen Flynn is heaping pressure on UK government ministers to give clarity on carbon capture investment for the north-east.
