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
Pertamina and Mitsui team up for CCUS in Indonesia
Japan’s Mitsui and Indonesian state-backed energy company Pertamina will jointly study carbon capture, utilisation and storage (CCUS) commercialisation options in Indonesia.
Opportunities abound for energy M&A deals in Asia Pacific
Opportunities abound for mergers and acquisitions across energy-hungry Asia Pacific nations, as majors, such as Chevron, Shell, and ExxonMobil, seek to exit or rationalise their upstream portfolios.
UK’s largest fishing port looks to carbon capture for its next big catch
Fishing has been the lifeblood of Peterhead for 400 years and that’s not about to change any time soon.
SNP in funding plea for carbon capture
A long-awaited UK energy strategy must include investment in a north-east carbon capture project which was snubbed last year, the SNP says.
BP dishes out engineering contracts for major CCUS project
BP (LON: BP) has awarded engineering contracts for the Northern Endurance Partnership (NEP) and East Coast Cluster (ECC) carbon capture, utilisation, and storage (CCUS) projects.
Plans for trailblazing Peterhead CCS power station lodged with government
Plans for new north-east low-carbon power station - that could create and support scores of green jobs - have taken a “major step” forwards.
Petronas and Schlumberger team up for CCS
Petronas has signed a memorandum of understanding with Schlumberger to jointly explore opportunities in the areas of sustainability, digital and Internet of Things (IoT) technologies, as well as research and development projects.
‘Fairly underwhelming’ – Sunak criticised for not pulling CCS or hydrogen ‘rabbit out of the hat’
Rishi Sunak has been criticised for failing to announce specific backing for key transition technologies during his Spring Statement.
‘Not if but when’ for thousands of north-east carbon capture jobs
A project that promises to deliver thousands of north-east jobs as well as ensure Scotland meets its net zero targets will happen “as soon as practical”, despite losing out its first bid for UK Government funding last year.
CCS service spending to top $50bn by 2025
Service sector spending on carbon capture and storage (CCS) developments is set to skyrocket this decade, quadrupling between 2022-25, Rystad Energy research suggests.
Woodside teams up with US tech for Australia carbon capture and utilisation
Australia’s Woodside (ASX:WPL) and US-based technology developers ReCarbon and LanzaTech have launched a collaborative studies campaign aimed at converting carbon emissions into useful products.
Reliance New Energy acquires assets of battery maker Lithium Werks
India’s Reliance New Energy will acquire all the assets of battery maker Lithium Werks for $61 million
South Africa’s DMRE flies the flag for hydrocarbons
South Africa has made clear it is not moving away from hydrocarbons in the near term, talking up exploration plans and gas imports, in addition to scope for new coal generation.
BP trying to block part of UK offshore windfarm, says Orsted
BP is trying to block development of part of a giant wind farm in waters off England’s east coast, according to Denmark’s Orsted.
Full steam ahead with CCS in shipping
While oil and gas producers in the UK North Sea, especially, have failed to come up with a live carbon capture and storage operation offshore, companies in Norway and Holland have already succeeded in developing a viable CCS system for shipping.
Strong interest in Australia’s CCS acreage release
Australia’s main oil and gas industry lobby group claims there has been strong interest in acreage releases for new carbon capture and storage (CCS) opportunities off Western Australia and the Northern Territory. Significantly, Australian producers need to be at the forefront of carbon-neutral liquefied natural gas (LNG) or “green LNG” to remain competitive and CCS is considered one potential route to help achieve this.
HyNet, East Coast forge forwards in race to capture carbon
Industrial clusters are critical to shifting to low carbon energy to continue operating in the UK.
El Molla touts Egyptian energy potential in US talks
Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has held high-level talks with Chevron, and various other US luminaries, at CERAWeek.
Orsted leading southern North Sea offshore wind revolution
Danish green energy giant Orsted can lay good claim to being the don of the UK’s offshore wind sector.
QE ups CCS, solar plan in move to cut carbon intensity
QatarEnergy (QE) is doubling down on its carbon capture and solar plans, with the aim of producing cleaner LNG.
Neptune Energy to go ‘beyond net zero’ by 2030
Neptune Energy has announced it aims to store more carbon than it emits from its operations and the products it sells by 2030.
Chevron invests in CCS technology player Carbon Clean
Chevron said it has made a new investment in Carbon Clean, a global leader in cost-effective industrial carbon capture. The investment advances potential cost reduction of carbon dioxide (CO2) capture, said Chevron.
Delek rebrands as NewMed, eyes Morocco growth
Delek Drilling is relaunching as NewMed Energy as the company expands into new areas, such as blue hydrogen and renewable power.
Matheson: Scotland up to £6.7 billion better off with carbon capture investment
Scotland would be up to £6.7 billion better off with investment in carbon capture technology, the energy minister has said.
Critics say Santos’ Barossa LNG should be halted until CCS scheme proven
The Institute for Energy Economics and Financial Analysis (IEEFA) believes the start of work on the Santos-led Barossa liquefied natural gas (LNG) development offshore northern Australia should be suspended as the associated carbon capture and storage (CCS) scheme, proposed by the operator, remains problematic and will not cut emissions. Otherwise the CCS project should be viewed as nothing more than ‘green washing’ and a diversion while construction continues, said IEEFA.
