Scottish Renewables launches new clean energy cluster
Scottish Renewables has launched the clean energy cluster, an organisation to help drive growth in Scotland's offshore wind supply chain.
CCS
Carbon Capture Storage News
OEUK releases guidelines to spur UK offshore wind
Offshore Energies UK (OEUK) has launched a new set of guidelines aimed at helping entrants into the offshore wind sector better understand the development process.
EnQuest picks up Harbour Energy Vietnam assets in $84 million deal
Aberdeen-based EnQuest (LON: ENQ) has acquired Harbour Energy's (LON: HBR) Vietnam business as part of a $84 million deal to "grow its international operating footprint".
Aberdeen tech seeks to pump millions of barrels of North Sea oil from shut-in wells
A patented tool that cleans blocks out of subsea pipes could clear the way for the production of tens of millions of barrels of North Sea oil and gas.
Sarens PSG to study floating wind deployment for BlueFloat Energy and Nadara
The BlueFloat Energy and Nadara Partnership has chosen Sarens PSG to study how floating wind turbines can be deployed on an industrial scale in the North Sea.
Investing with a purpose: growth with social impact
Businesses are increasingly expected to do more than generate profit, and for Balmoral Group this expectation is a guiding principle. With a rich history of over 40 years, Balmoral is not just building successful businesses – it’s building a legacy of sustainable growth and social impact.
All CCS Posts
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.
SLB announces $382m deal for majority stake in Aker Carbon Capture
American oilfield services firm SLB (NYSE:SLB) has announced a NOK 4.12 billion ($382m) deal to purchase 80% of Norway's Aker Carbon Capture (OSL:ACC)
Oil giants plan to bury massive amounts of CO2 in Southeast Asia
Just as they first ventured to do over a century ago, the world’s largest oil companies are staking claims far from home — this time to swallow, rather than spew, planet-warming industrial emissions.
Germany’s €23bn green experiment to save its industrial economy
Europe’s largest economy is running a €23 billion ($24.9 billion) experiment to reach net zero by 2045 without destroying its energy-intensive industrial base.
Eni welcomes consent for HyNet North West CO2 pipeline
Italian energy company Eni has welcomed the UK’s decision to grant a Development Consent Order (DCO) for the HyNet North West CO2 pipeline.
Saipem set to deliver 90 mile UK carbon dioxide pipeline
Saipem is readying itself to construct a CO2 transport pipeline in the UK after £4 billion in contracts were dished out.
Wood, TechnipFMC and more win £4bn Teesside net zero contracts
Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) have dished out contracts with a combined value of around £4 billion.
CCU International delivers capture tech for Flue2Chem project
CCU International, alongside the University of Sheffield, has developed a new refinement and capture system for the Flue2Chem project.
UK signs trade pact with Texas in effort to boost green industry
The UK has signed a new trade pact with Texas, the second-largest state in the US, in an effort to boost cooperation in green energy, aerospace and advanced technologies.
