Petroineos dismisses Grangemouth bid from Dubai trader as not viable
A UAE-based firm has confirmed an offer to buy the Grangemouth refinery in Scotland, but current owner Petrineos said it is not a "viable bid".
CCS
Carbon Capture Storage News
Flylogix to lead trial to open North Sea to increased drone traffic
An upcoming North Sea drone trial could help establish new regulations to promote increased use of drones across the region.
Norway’s oil and gas towns seeking UK collaboration on energy transition
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Norway's oil and gas towns are seeking greater UK collaboration as they look to reinvent themselves for the energy transition.
Power Moves: National Grid’s chief strategy officer and more
Steve Smith has been appointed as National Grid’s chief strategy and regulation officer.
ScottishPower to create 1,000 jobs from £5.4bn grid investment
ScottishPower expects to create 1,000 direct jobs and "tens of thousands more in the supply chain" after signing contracts for a £5.4 billion investment in the UK grid.
Equinor to cut renewables unit staff by 20%
Norway's Equinor (OSE:EQNR) is considering cutting 20% of the staff from its renewable energy division as it focuses on pursuing fewer new projects.
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Politicians urged to show ambition on green agenda after election called
Politicians are being warned not to turn the environment into a “culture war” after the General Election was called.
Asco wins contract to manage quay at Teesside freeport
Aberdeen's Asco has won a three-year deal to operate a new heavy lift quay at the Teesside Freeport.
Tens of thousands of jobs in Scotland rest on a ‘just and fair’ energy transition – RGU
RGU report finds political and fiscal instability is hampering the UK energy transition.
Scottish Cluster forecast to add £17.7bn to UK economy by 2050
A plan to use carbon capture technology to create a Scottish net zero industrial cluster could bring an estimated £17.7 billion in economic benefit to the UK economy by 2050.
RWE plans green hydrogen production plant at Grangemouth
German energy firm RWE has announced plans to build a green hydrogen production plant at Grangemouth.
Scottish researchers use AI to slash CCS system modelling time
Researchers at Edinburgh's Heriot-Watt University use AI to cut carbon capture and storage modelling from 100 days to 24 hours.
C-Capture launches carbon capture trial at East Midlands cement plant
Leeds-based C-Capture, a developer of carbon dioxide (CO2) removal technology, announced on May 9 that it had started a carbon capture trial in the cement manufacturing sector in partnership with Heidelberg Materials UK.
UK considers delaying some carbon capture projects as costs soar
The UK is considering delaying support for some carbon capture projects until after this year as costs rise for the fledgling technology that’s critical to the country’s climate goals.
UK Government seeks input on new CO2 transportation options
The UK Government is seeking input on new ways to transport captured carbon dioxide (CO2) that could help to encourage the adoption of carbon capture, utilisation and storage (CCUS) across different industries.
The world’s biggest carbon removal plant comes online in Iceland
Amid the steam rising around Iceland’s Hellisheioi station sits a newly built warehouse surrounded by giant fans run by carbon removal startup Climeworks. Dubbed Mammoth, the project is now the world’s biggest plant to suck carbon dioxide from the air.
Rystad highlights importance of UK supply chain to energy transition
As a keen cyclist in my spare time, I’m used to motivating myself to set new personal best targets to achieve.
Wood Mackenzie unveils new “ideal” CEO
Energy data firm Wood Mackenzie has announced the appointment of a new CEO as his predecessor moves on to "pursue other opportunities".
New Well-Safe Solutions CCO looks to double rig count
Well-Safe currently runs three rigs - but Christopher Hay will be looking to "try and double that within the next five years".
Auction opened to bring CCS to the English Channel
A new opportunity has been opened to bring emissions-busting Carbon Capture and Storage (CCS) technology to the English Channel.
Is the UK falling behind Norway on cross-border CO2 transport and storage?
The UK risks wasting its "naturally advantageous position" on CO2 transport, according to one analyst.
Perenco outlines plans for new UK CCS projects Poseidon and Orion
Perenco has outlined its plans for two new UK carbon capture and storage (CCS) projects, Poseidon and Orion.
‘We’re anxious to be one of the forerunners’: Synergia targets appraisal well on ‘Camelot’ UK CCS project
Synergia Energy (AIM: SYN) aims to drill an appraisal well at the Camelot field, forming part of its UK Medway Hub Carbon Capture and Storage (CCS) plan, in the next 18-24 months.
Chevron launches $500 million fund to invest in clean tech
Chevron Corp.’s (NYSE:CVX) venture arm launched a fund — its third — with a $500 million commitment to invest in clean energy technologies.
Storegga names former ExxonMobil UK director as new CEO
Carbon capture and storage (CCS) firm Storegga has named Tim Stedman as its new CEO.
SNP blasts “betrayal” of North East over energy civil servant jobs
Four SNP MPs have called on the UK government to explain the confusion over the number of energy civil servants headed for Aberdeen.
Exclusive: Business leaders ‘extremely disappointed’ as UK Gov confirms just 35 civil servants coming to Aberdeen
Reports last year heralded 200 roles being relocated to the Granite City, but the actual figure appears to be far lower.
Genesis Energies back in Aberdeen city centre with ambitions for growth
Genesis is targeting new clients and further growth in carbon capture, hydrogen, and asset decarbonisation as it returns to the 'heart' of Aberdeen.
Bapco scores sustainability marks to finance transformation
At a time when sustainability and financing are becoming increasingly intertwined, making the case to fund oil and gas companies can prove challenging.
CCUS throws up decommissioning tax ‘grey area’
Repurposing of North Sea oil and gas assets for Carbon Capture Utilisation and Storage (CCUS) is starting to happen, and it’s throwing up a tax quandary for the sector’s decommissioning space.
First full year of windfall tax drives EnQuest to loss
North Sea operator EnQuest (LON:ENQ) posted a loss in its 2023 full year financial results, reflecting the impact of the UK government's windfall tax on oil and gas firms.
