Every north-east SNP politician at Westminster and Holyrood has accused the UK Government of failing to give credible details on giving the green light to a major energy scheme.
Recently appointed Shell (LON: SHEL) chief executive, Wael Sawan, is bringing its low carbon and renewables energy roles under one management.
Backers of the Scottish Cluster and the north-east’s Acorn carbon capture project welcomed news that the scheme is a frontrunner for the government’s Track 2 funding process.
A new roadmap calls for up to £9bn of investment to help decarbonise Scottish industrial sectors, but again highlights the essential role of the Acorn project in the cluster’s approach.
A defining moment doesn’t happen often. But Spring Budget 2023 will likely be viewed from mid-century as the time when the UK fully committed to Carbon Capture and Storage.
Chancellor Jeremy Hunt vowed to commit £20bn to carbon capture technology over the next two decades, alongside new support for small modular nuclear reactors (SMRs).
Scottish politicians urged Westminster to unlock funding for the Acorn carbon capture and storage project in the upcoming Budget and slammed slow progress on low-carbon development.
Scotland’s First Minister is upbeat about the prospects for a major north-east decarbonistion project, amid growing uncertainty about its future.
Storegga has unveiled new branding ahead of its chief executive's appearance at the COP 27 conference in Egypt this week.
Harbour Energy (LON:HBR) reported strong nine-month performance in 2022 as production rose by more than a quarter, but again took aim at the impact of the UK’s windfall tax measures.
The UK Government has snubbed a meeting with the team behind a carbon capture project that promises to deliver thousands of north-east jobs.
Carbon capture and storage (CCS) could create and underpin thousands of green jobs in the north and north-east of Scotland in the coming years.
The developers of the Acorn project say they hope the scheme can be online by 2027 but are wary of further delays to government support packages, as ministers met this week to discuss decarbonisation efforts.
Over a third of the UK’s carbon emissions are generated by the 80 percent of domestic homes currently using natural gas for heating and cooking.
The UK’s first ever Carbon Capture and Storage (CCS) licensing round is just a week away, mooted by the regulator to “kickstart the next phase of this great industry”.
The government is rightly pressing the urgency of the country’s energy security challenge. It is imperative we also use this as an opportunity to make large and purposeful strides towards our net zero obligations. In his recent letter to the oil and gas industry - 'Accelerating investment to protect Britain’s energy security' - Kwasi Kwarteng calls for the industry to “double down on investments in the clean energy transition”. Key to this is the acceleration of our home grown decarbonisation industry.
UK carbon capture developer Storegga has appointed Michael Alsford into the new role of head of corporate finance and investor relations.
The UK’s bus and lorry fleets, plus many homes, could be running on low carbon hydrogen within two decades thanks to green technologies now being pioneered in three UK regions renowned until now for their carbon-intensive industries.
Scotland would be up to £6.7 billion better off with investment in carbon capture technology, the energy minister has said.
The UK Government’s decision to put the Acorn project on a reserve list offers “no advantage”, says a world-leading carbon capture expert.
It is feared that Nicola Sturgeon’s recent comments on North Sea oil and gas may harm a key Aberdeenshire decarbonisation project.
Storegga, a major partner in an Aberdeenshire decarbonisation project, has entered into an agreement to explore carbon capture and storage (CCS) across the North Sea.
Chancellor Rishi Sunak has come under fire for “failing to provide much needed clarity” on future carbon capture projects after a snub for the Acorn project last week.
There is just a fortnight to go until the UK Government could reveal the two projects that will form its carbon capture and storage (CCS) vanguard.
US oil and gas giant ExxonMobil (NYSE: XOM – $61.62c) has upped its involvement in a key Aberdeenshire decarbonisation project.