UK firms Costain Group (LON:COST) and Wood (LON:WG) have hailed the "monumental" projects starting after two landmark carbon capture and storage (CCS) projects in the North East of England got support to go ahead Tuesday.
An environmental consultant has lost a High Court challenge against the Government’s approval of a new gas power station in north-east England.
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.
Saipem is readying itself to construct a CO2 transport pipeline in the UK after £4 billion in contracts were dished out.
Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) have dished out contracts with a combined value of around £4 billion.
The UK government outlined its CCUS Vision in December, but where will the carbon set to be stored in offshore sites be sourced from?
Worley’s consulting business Advisian has secured a contract from BP to advise on a pair of projects central to the decarbonisation cluster in the north east of England.
Industrial clusters are critical to shifting to low carbon energy to continue operating in the UK.
Oil and gas giant BP (LSE: BP) has handed out a contract for work on a key North Sea carbon capture and storage (CCS) project.
A senior figure at BP (LON: BP) says “compromises will need to be made” over access to space for North Sea energy transition projects.
The development of a “net-zero hub” on the Firth of Forth is key to achieving Scotland’s climate change goals, according to global natural resources consultancy Wood Mackenzie.
Supermajor BP and renewables giant Orsted are going head to head over the same patch of the North Sea, according to reports.
A number of the oil and gas industry’s biggest players have joined forces to speed up the decarbonisation of industry and power.