Rosebank axing would cost jobs and money, court hears
A landmark hearing concluded Friday that will decide the future of Rosebank, the UK’s largest undeveloped oil field.
CCS
Carbon Capture Storage News
Ocean Winds installs final turbine at Moray West
Ocean Winds has installed the 60th and final wind turbine at its Moray West offshore wind farm in the Moray Firth.
Power Moves: Rovtech’s new chief executive and more
John Polson has been joined Rovtech as its new chief executive.
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.
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.
All CCS Posts
Tanzania LNG is country’s “best ever economic opportunity”
Tanzania’s LNG project could transform the East African state’s economy, stimulating domestic investment and securing Asian markets – if the plan can move ahead on time, Stanbic Bank Tanzania has said in a new report.
Shell explores carbon transport and storage in Singapore and Brunei
Shell (LON:SHEL) said today that it is exploring the feasibility of carbon transport and storage options for Brunei and Singapore. Significantly, this could potentially form part of a carbon capture and storage (CCS) hub in Southeast Asia.
Good news for Acorn as UK Gov pledges to accelerate ‘Track 2’ of CCS process
A government minister has pledged to accelerate the second phase of the UK’s carbon capture and storage (CCS) rollout.
Woodside teams up with US carbon capture company LanzaTech
Woodside Energy and LanzaTech, a US-based carbon capture and transformation company, have announced a strategic collaboration after signing a deal.
QE picks Shell as second partner at NFS
QatarEnergy (QE) has chosen Shell as its second partner on the North Field South (NFS) expansion project.
Sasol, ArcelorMittal set out green hydrogen, carbon capture plans
Sasol and ArcelorMittal South Africa have struck a deal to pursue green hydrogen at Saldanha and carbon capture and utilisation (CCU) in Vaal.
Equinor appoints new president of US offshore wind
Equinor has appointed Molly Morris as its new president for US offshore wind, who will take on the role from the start of next year.
Malaysia introduces tax incentives in boost for CCS
Malaysia’s 2023 budget announced on Friday introduces a raft of tax incentives for carbon capture and storage (CCS) as the country aims to become a regional hub for the nascent sector.
Norway hands out exploration permits for CO2 storage
Two companies have been offered exploration permits for CO2 storage acreage in the Norwegian sector of the North Sea.
Belgium and Denmark agreement paves way for North Sea CO2 storage
Belgium and Denmark have entered into a “ground-breaking agreement” allowing captured C02 to be shipped across their borders and stored under the North Sea.
‘Shortsighted’ and ‘idealism at its worst’: Birkbeck University sparks widespread condemnation from energy sector
Birkbeck, University of London has been widely slammed by the energy industry for its decision to ban fossil fuels recruiters from its careers fairs.
Eni among new investors in carbon capture firm
Cool Planet Technologies (CPT), a sustainable company focussed on affordable carbon capture, has closed a capital raise at €3 million.
Inpex extends LNG supply talks for Masela in Indonesia, eyes hydrogen opportunities
Japan's Inpex and joint venture partner Shell have extended a memorandum of understanding (MOU) with Indonesian utility PLN concerning long-term liquefied natural gas (LNG) supply. They have also expanded the MOU to incorporate joint studies in hydrogen, as well as ammonia, and CCS in relation to the proposed Abadi LNG project at the Masela Block offshore Indonesia.
Petronas strengthens collaboration with Japan on carbon neutral targets
Malaysia’s Petronas has signed a memorandum of cooperation (MoC) with the Ministry of Economy, Trade and Industry of Japan (METI), as well as a memorandum of understanding (MoU) with Japan Bank for International Cooperation (JBIC), to collaboratively pursue mutual sustainability goals of achieving carbon neutrality by 2050.
Indonesia lagging Malaysia as CCS starts to grip Southeast Asia
Malaysia and Indonesia were the first countries in Southeast Asia to announce that carbon capture and storage (CCS) would play a role in decarbonising their industrial sectors. BP (LON:BP) in Indonesia, and Petronas in Malaysia, announced landmark projects in the oil and gas industry. However, while Indonesia has started having the right conversations around CCS, neighbouring Malaysia, and possibly even Thailand, appear to be making more progress within the region.
Air Liquide, Chevron, Keppel and Petrochina eye CCS in Singapore
Air Liquide, Chevron, Keppel Infrastructure, and PetroChina have announced they have signed a memorandum of understanding to form a consortium which will aim to evaluate and advance the development of large-scale carbon capture, utilisation, and sequestration (CCUS) solutions and integrated infrastructure in Singapore.
Total takes stake in next Qatari LNG expansion
TotalEnergies has signed up to take a 9.375% stake in Qatar’s next phase of LNG expansion, North Field South (NFS).
26 bids received in UK’s first carbon storage licence round
The UK is making progress on plans to store carbon dioxide emissions under the North Sea, with nearly 20 companies bidding for licences.
‘Critical’ years for rapid test and deployment of net zero technologies
New research has set out how the UK could rapidly accelerate net zero technologies and cut costs in the “critical” years ahead to capture global economic opportunities.
Eni applies for Southern North Sea carbon storage licence
Italian energy giant Eni (NYSE: E) has applied for a carbon storage licence for the depleted Hewett field in the Southern North Sea.
Chevron confirms Australia CCS acreage win
US giant Chevron (NYSE:CVX) has confirmed that it has been granted stakes in three permits to potentially access carbon storage offshore Australia.
Mitsui and Shell to explore CCS in Asia Pacific
Mitsui and Shell (LON:SHEL) have signed a joint agreement to explore the technical and commercial feasibility of carbon capture and storage (CCS) in Asia Pacific, including Japan.
Shipping column: Greener OSVs, Diamonds and Northern Lights
Oil-related supply boats have largely been pushed to the back of the new offshore support vessels orders book as global energy priorities change, driven by climate change.
‘Damning’ IEEFA report into CCS is too simplistic
The Institute for Energy Economics and Financial Analysis (IEEFA) recently published a report examining carbon capture and storage (CCS), which claimed many sequestration projects have failed or underperformed. Environmentalists described it as "damning", but Professor Stuart Haszeldine, director of Scottish Carbon Capture & Storage (SCCS), believes it is too simplistic.
Liz Truss wins Tory leadership contest to become prime minister
Liz Truss will be the UK’s new prime minister after beating Rishi Sunak to take over the Conservative party.
