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.
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Sunak confirms support for ‘hundreds’ of new North Sea licences
The licences are expected to be issued in September.
Flynn welcomes reports Sunak to announce carbon capture funding
The SNP's Westminster leader has welcomed reports a carbon capture scheme in Scotland is due to get the green light, claiming "now is the time to strike" on the country's green potential.
Petrobras Management Under Political Attack, CEO Prates Says
Brazil’s oil giant Petrobras was hit by a “rampant” though “ineffective” campaign to destabilize its current management over the last week, Chief Executive Officer Jean Paul Prates said Sunday.
UK ETS lets fees for emission production slip
The UK government is changing how firms pay for producing emissions as it introduced more allowances to its Emissions Trading Scheme.
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.
‘Watching a slow-motion train crash’: UK gas demand vs production
The UK’s gas production is far from meeting the country’s demand, “we absolutely do not have a proper plan” says Richard Lowes, senior associate at the Regulatory Assistance Project.
UK carbon markets in focus – EVOL X Vertis Environmental Finance
The EU is working on plans for a carbon border adjustment mechanism (CBAM), with a transitional period for this beginning in October 2023. Walker said the UK was likely to follow suit.
Wood to carry out emissions-cutting work down under
Wood (LON: WG) has announced that it has secured contracts with Beach Energy and Mitsui E&P Australia (MEPAU) to reduce emissions down under.
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.
‘We need to try’: Aberdonians call to reuse Shell building to save carbon emissions from demolition
Activists have banded together to demand a rethink on plans to demolish a prominent landmark – for the sake of the environment.
Unite says 900 Offshore caterers could be balloted for strike action
Unite the Union has announced that its members working on offshore catering have rejected a pay offer and now could be balloted for strike action.
BP signs 10 year deal to supply LNG to Europe
BP (LON: BP) has signed a long-term sale and purchase agreement with the Austrian firm OMV to supply 1 million tonnes of liquefied natural gas per year for the next decade.
Carnarvon to complete Dorado sale in August
“Carnarvon is transitioning from explorer to producer through development of the Dorado and Pavo discoveries in collaboration with operator Santos."
Greta Thunberg joins protestors in London in a stand against Rosebank
Greta Thunberg has joined her fellow protestors in London to make the demand that the UK Government rejects the controversial Rosebank oil field.
Taqa lawsuit levels accusations at Viaro Energy chief
An $85 million dividend and a deal to sell a stake in aging North Sea oil wells for one dollar has landed Viaro Energy in a London lawsuit against Taqa (ADX: TAQA), Abu Dhabi’s biggest utility.
UK approves first large-scale lithium refinery
Green Lithium plan will create over 1,000 jobs in construction of facility, which will boost UK EV manufacturing.
Shell waiting on regulator to approve next stage of Brent decom plan
The boss of Shell (LON: SHEL) has given an update on the supermajor’s plans for decommissioning the iconic Brent Charlie platform.
Eni sees profits drop 64% in H1 results on lower oil and gas prices
Neptune Energy buyer Eni noted lower prices and an impact from UK windfall tax
‘Making safer bets’: Oil and gas firms own just 7% of global floating wind pipeline
Oil and gas firms own just 7% of global floating offshore wind projects in the pipeline, according to analysis.
Haskel, Coregas complete NSW’s first hydrogen fuelling station
Haskel technical sales manager in the region Stewart Anderson welcomed the collaboration on this “ground-breaking project, bringing our extensive high pressure gas experience and expertise in the hydrogen mobility sector to Port Kembla”.
Peterhead’s JBS awarded contracts worth £2.6m for its Sea Axe technology
JBS Group, the engineering firm based in Peterhead, has announced it is working on a series of contract wins worth £2.6 million for its Sea Axe technology.