M&G, a FTSE-100 listed savings and investments business, has become the fourth external shareholder in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage and hydrogen project near Peterhead.
UK firm Carbon Clean has been selected to carry out the Front End Engineering Design (FEED) services for Aberdeenshire's Acorn carbon capture and storage (CCS) plant.
A low carbon technology project, which is being developed by a leading north-east clean energy firm, has been awarded a grant worth almost a quarter of a million pounds.
Storegga Geotechnologies is on course to make a final investment decision (FID) on a trailblazing carbon, capture and storage (CCS) project in the first half of next year.
Increased funding from the EU and national governments have boosted the prospects for carbon capture technologies in Europe. Three projects in the Netherlands, Norway and UK could be operational by 2024.
World leaders were due to convene in Glasgow for the UN Climate Conference (COP26) in November for what was anticipated to be a transformational moment in the energy transition.
Pale Blue Dot Energy (PBD) has gained "financial heft", with backing from an Australian investment giant to help deliver one of the UK’s first major CCS projects.
An Aberdeenshire firm has partnered with CEOs of some of the largest oil and gas companies on a “world first" catalogue of carbon capture and storage (CCS) resources.
Infrastructure firm Costain has been awarded work to shave off up to £750million from the total cost of a pioneering clean energy development in Aberdeenshire