Articles
27 November 2024
Letter from Azerbaijan: COP half-full, or COP half-empty?
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
International carbon trading boosted by COP Article 6 deal
Agreements on how to operationalise both Article 6.2 and 6.4 will mean countries can start to trade emissions reductions as part of their contributions to the Paris Agreement
22 November 2024
Saudi Arabia's path to transition, part 3: Closing the gap
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Energean finds its sweet spot
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Saudi Arabia's path to transition, part 2: Energy addition
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Kickstarting VCM crediting for orphan oil wells
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells
20 November 2024
Saudi Arabia's path to transition, part 1: Energy diversification
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
18 November 2024
A collaborative path to decarbonisation
Decarbonising sectors such as steel and cement will require a combination of the most effective technologies, innovative digital solutions and pragmatic policies such as transition credits
12 November 2024
COP29 talks agree carbon market standards
Standards have been agreed for a mechanism under Article 6.4 of the Paris Agreement to trade carbon credits internationally
8 November 2024
Letter from Abu Dhabi: AI and the new energy guzzlers
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
31 October 2024
Is Russia lost in transition?
Russia still aspires to become a major supplier of hydrogen, CO₂ storage capacity and carbon credits, despite financial constraints and the loss of Western technology and expertise
30 October 2024
1PointFive lines up carbon network for Texas sequestration hub
Occidental subsidiary signs agreement with Enterprise Products Partners for pipelines and transport services for Bluebonnet hub
23 October 2024
Japanese election paves way for new energy strategy
Next government faces the difficult task of balancing decarbonisation ambitions with energy security realities
21 October 2024
WGLC celebrates 20 years
Gulf Energy Information will host the largest women's event in the energy industry on 19–20 November in Houston, Texas
10 October 2024
Gulf Energy Information Excellence Awards winners honoured at live gala
The Gulf Energy Information Excellence Awards 2024 celebrated the industry's top innovators at a gala in Houston, recognising achievements in categories ranging from digital transformation to sustainability
4 October 2024
UK backs low-carbon hubs with $28b funding pledge
Boost for CCUS and blue hydrogen projects as government confirms funding for HyNet and East Coast clusters
30 September 2024
Letter on carbon: CCS negativity is hard to abate
The oft-fragmented and disparate sector must find ways to speak with a collective voice and debunk the anti-CCS doublethink
26 September 2024
Northern Lights nears start up as facilities in place
Norway claims world lead in commercial CO₂ transport and storage as project developed by TotalEnergies, Shell and Equinor stands ready to start injections in 2025
26 September 2024
CarbonCapture pauses Bison DAC project
Developer cites growing competition for clean power as it puts project in Wyoming on hold
17 September 2024
Danish Greensand project set to advance
North Sea storage facility verified as safe to proceed after successful pilot phase
9 September 2024
NextDecade shelves CCS plan for Texas LNG project
Addition of CCS was a factor in court’s decision to overturn FERC’s authorisation for NextDecade’s Rio Grande LNG project
2 September 2024
Tax credits rev up Canada’s CCS sector
Recently finalised investment tax credits have brought much-needed clarity for Canadian CCS developers, but carbon price uncertainty remains a concern
29 August 2024
Letter on carbon: Use it or store it?
Use of captured carbon to make synthetic fuels merits more attention from investors and policymakers
22 August 2024
Rep-Air and C-Questra in EU’s first onshore DACS project
C-Questra applies for onshore storage permit for site in Grandpuits as part of project to establish highly efficient DACS value chain on French soil
21 August 2024
India sets sights on breakthrough carbon-capture framework
South Asian economic giant is prioritising the development of CCUS policies to combat climate change and meet its international climate commitments
20 August 2024
Red tape stifles US carbon pipeline ambitions
Federal and state funding for CO₂ pipeline projects to spur the development of CCUS is meaningless if obstructive regulation prevents projects from getting off the ground
16 August 2024
Kent aims to ‘demystify’ upstream decarbonisation costs
Energy services firm draws up guidelines to bring greater clarity to decarbonisation project costs in the UK’s upstream oil and gas sector
15 August 2024
Voluntary markets need improved transparency to restore trust
Number of transactions in voluntary carbon offsets market has fallen dramatically since critical media reports, says Climate Crisis Advisory Group
13 August 2024
Gulf Energy Information Excellence Awards finalists announced
The awards ceremony will be held on 9 October at the Post Oak Hotel in Houston, Texas
8 August 2024
J-Power joins gigascale Australian carbon storage project
Japanese power utility collaborates with developers deepC Store and Azuli on initiative off country’s northwest coast
8 August 2024
Australia’s carbon market paradox
Investor enthusiasm for the market is growing despite serious concerns over the integrity of credits
6 August 2024
SLB-ACC JV wins FEED for project at US pulp and paper mill
Development on US Gulf Coast designed to use modular capture technology to generate verifiable carbon dioxide removals
1 August 2024
Turkey plans landmark climate law
Country inches closer to enshrining net-zero efforts into law and establishing carbon market as it eyes impact of EU’s border tax
30 July 2024
Letter on carbon: Power struggle
Electricity demand is growing at its fastest rate for 17 years as the energy transition struggles to keep pace with its own renewable power needs
29 July 2024
ExxonMobil agrees second CCS deal with CF Industries
Project with world’s largest ammonia producer brings US oil major’s third-party CCS portfolio to 5.5mt/yr
21 July 2024
Gulf Energy Information Excellence Awards see surge in nominations
Awards experience 20% increase in nominations this year, with submissions from 27 countries
18 July 2024
Scientists claim CCS research platform can bridge ‘valley of death’
Platform developed at Scottish university uses advanced simulations and machine learning to find most cost-effective and sustainable combinations of materials for use in carbon capture
18 July 2024
Air Liquide to supply liquid carbon dioxide tech to Stockholm BECCS
Stockholm Exergi agrees to one of world’s largest deployments of CO₂ liquefication technology to enable transport of emissions captured from biomass power plant
11 July 2024
Gulf Energy Information appoints Catherine Watkins as CCO to drive market expansion
Watkins will leverage her financial acumen and strategic insight to lead Gulf’s commercial initiatives across media, events, and market intelligence
9 July 2024
SLB sees competing forces shaping global CCS sector
Recent headwinds have cooled the US market, while growth in Asia accelerates as robust policies kick in, Damien Gerard, vice-president of CCS at global technology company SLB, tells Carbon Economist
28 June 2024
Shell doubles down with Canada FIDs
Oil major takes FIDs on its Polaris carbon-capture project at Scotford refinery and chemicals complex and Atlas Carbon Storage Hub
27 June 2024
Higher carbon prices give boost to industrial CCS
Improved financial incentives are spurring investment in CCS in industry, although challenges remain in sectors such as steel and cement
26 June 2024
Saudi advances net-zero ambitions with $1.5b Siemens Energy deal
German firm secures deal to supply key power plant technologies that will provide nearly 4GW to the Kingdom, securing a 25-year maintenance contract for two power plants
26 June 2024
Carbon shipping vital for EU CCS value chain
Maritime technology will help industry scale and enable the development of CCS projects in Southern Europe
25 June 2024
Letter on carbon: Watershed moment for CCS
Growing realisation that CO₂ from emissions-heavy sectors will need to be addressed and a collective response may have seen the pendulum swing
24 June 2024
Gulf NOCs feel their ways towards decarbonisation
Saudi Arabia lags the UAE in both standalone carbon capture and its deployment of low-emission hydrogen
21 June 2024
Italy revives energy hub ambitions via North Africa hydrogen corridor
Hydrogen imports from Africa could offer Italy opportunity to develop into a southern Europe energy hub, a goal it already pursued for natural gas
21 June 2024
Denmark grants first exploration licences for onshore storage
Wintershall Dea and Equinor target CO₂ onshore injections by end of decade as push to expand European storage capacity gathers pace
20 June 2024
Enerflex and BASF to collaborate in CCUS applications
Enerflex and BASF have entered a memorandum of understanding to jointly facilitate the commercial scale deployment of carbon capture, utilisation and storage applications.
20 June 2024
NEXTCHEM awarded PDP contract for multi-billion-euro Hail and Ghasha project
MAIRE announced that NEXTCHEM (Sustainable Technology Solutions) will act as technology design integrator to develop the process design package (PDP) for the hydrogen and carbon dioxide (CO2) recovery unit of the Hail and Ghasha gas development project.
20 June 2024
Green Plains updates on Nebraska carbon capture project
Green Plains Inc. announced that the construction management agreements have been executed and the major equipment necessary to capture the carbon from its Nebraska facilities has been ordered.
18 June 2024
SLB–Aker venture targets global market with disruptive tech
Oslo-based joint venture officially launches as SLB closes deal to buy 80% of Norway’s Aker Carbon Capture
18 June 2024
Equinor agrees project to tap Dunkirk emissions
State-backed energy firm agrees with French TSO GRTgaz to develop links into Norwegian CO₂ storage
14 June 2024
Parliamentary elections could hinder EU climate ambition
Centrist bloc remains in power, but the EPP and EU Council have signalled a move away from climate issues
11 June 2024
Canada’s CCS potential hinges on policy choices
Potential for CCS to cut emissions may have been overstated, despite country’s huge geological storage resource
11 June 2024
Wood completes FEED scope for Saudi AACS project
Phase one of project will capture CO₂ from Aramco gas plant facilities near Jubail on Saudi Arabia’s east coast
6 June 2024
Energean forms new unit for Mediterranean CCS push
EnEarth subsidiary aims to develop low-carbon hub around Prinos storage site in Aegean Sea off northern Greece
4 June 2024
Australian CCS stagnates amid political hesitation
Government’s latest budget suggests it remains on the fence about the role of CCS in the energy transition
4 June 2024
German cabinet backs CCS strategy
Germany moves a step closer to large-scale deployment with federal cabinet’s adoption of carbon management strategy and draft law changes
3 June 2024
Indonesia strengthens CCS ties with South Korea
State energy company Pertamina collaborates with Korea National Oil Corporation and ExxonMobil on CCS value chain
28 May 2024
Letter on carbon: Credit risk
The US government has joined an increasingly desperate global push to restore confidence in the voluntary carbon market
21 May 2024
EU needs ’extraordinary effort’ to meet CCS goals
Denmark and the Netherlands stand out as CCS champions but too many other member states have yet to recognise the importance of the technology, warns lobby group CCS Europe
21 May 2024
ArcelorMittal launches carbon capture pilot at Belgian complex
Europe’s largest steelmaker starts up project at Ghent site as it pursues CCS as third pillar of decarbonisation strategy
10 May 2024
Climeworks fires up Mammoth DAC plant
Launch of project powered by geothermal energy in Iceland marks step forward in push to scale up expensive direct-air-capture technology
8 May 2024
China ETS carbon prices rally to record highs
Allowance prices rise 34% since start of year as regulator imposes tighter limits and considers reduction of free allocations
7 May 2024
Letter on carbon: Weathering the CO₂ storm
Policymakers should consider backing enhanced weathering as a CDR technique with benefits to the agricultural sector
3 May 2024
Australia’s CCS sector needs state backing to thrive
Developers look to government’s forthcoming budget to restore support as industry suffers loss of momentum
1 May 2024
Saudi Aramco seen achieving its CCUS goals
Abundant storage and low cost of capturing CO₂ from sharply rising gas production mean NOC’s ambitious CCUS targets look well within reach
29 April 2024
African leaders eye carbon market potential
Decarbonisation push and shifting multilateral trade policy sharpens continent’s need for carbon trading
29 April 2024
Carbon price certainty key to hastening oil sands decarbonisation
Canada’s oil sands producers need policy certainty to make the multibillion-dollar investments needed to achieve net zero, Pathways Alliance president Kendall Dilling tells Carbon Economist
25 April 2024
No rapid buildout seen for CCS in China
Carbon capture rates forecast to rise steadily from end of decade, but policy tools to drive large-scale deployment have yet to take shape, according to DNV
23 April 2024
Letter on carbon: Free movement
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
16 April 2024
Gulf Coast CCUS draws new entrants as projects advance
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Voluntary carbon market defies the odds
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Carbon markets alone will not deliver CCS at scale
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies
8 April 2024
Chevron invests in carbon capture tech firm
Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology
4 April 2024
Stanlow offers blueprint for low-carbon refining
EET’s $2.4b plan to decarbonise major refinery in northwest England hits key milestone with CO₂ pipeline approval
2 April 2024
Letter on carbon: SLB’s early-stage tech play
US firm’s deal with Aker Carbon Capture could be catalyst for growth in a sector hampered by high costs
28 March 2024
SLB buys majority of Aker Carbon Capture for $380m
US company aims to accelerate deployment of new technologies offered by Norwegian pureplay CCS firm
26 March 2024
UK poised for surge in CCS investment
Country has Europe’s largest CO₂ storage potential but regulatory and policy issues must be resolved to enable growth, says Offshore Energies UK
26 March 2024
US offers record $6b funding to hard-to-abate sectors
Largest investment to date will support emission reduction projects across multiple sectors including refining, steel and cement
19 March 2024
Letter from London: Trading the transition
Commodity trading companies are set for a key role in shaping green supply chains and providing carbon market liquidity
15 March 2024
Shell eyes 75% capacity boost at Quest CCS
Oil major explores potential expansion of Canadian project as investment in CCS gathers pace
11 March 2024
China keeps a tight rein on voluntary credits
Government keen to avoid oversupply issues that dogged previous iteration of voluntary carbon market
8 March 2024
Indonesia’s carbon market off to sluggish start
Incoming government faces decarbonisation challenges as lack of robust standards constrain industry uptake of new voluntary carbon market
5 March 2024
Letter on carbon: Can carbon markets deliver?
Offset integrity issues and low prices are undermining markets’ potential to drive low-carbon investment
4 March 2024
EU ETS prices fall sharply
Allowance prices in EU’s emissions cap-and-trade scheme drop by a third as lower power prices hit demand
1 March 2024
Letter from the UK: A positive legacy for OPEC?
Oil producer group could spearhead the shift to cleaner energy in member countries and be part of transition solution
29 February 2024
Letter from London: Just do the transition
Deployment of clean energy technology is gathering pace, but the transition is way behind where it needs to be
27 February 2024
Germany throws its weight behind CCS
Government proposes support for deployment in hard-to-abate sectors and commits to ratify key London Protocol amendment under long-awaited carbon management strategy
26 February 2024
EU agrees on new carbon removals laws
Operators will be liable for leaks back into the atmosphere under rules designed to give clarity to industry
22 February 2024
German energy firms power up UK CCS push
Uniper and RWE advance multiple projects to deploy CCS at new and existing gas-fired power plants
20 February 2024
EU carbon taxes driving away investment – INEOS CEO
Carbon costs imposed by EU on chemicals sector are unsustainable, INEOS CEO and founder Jim Ratcliffe warns commission president
20 February 2024
Indonesia eyes carbon imports from Singapore
Countries work together on cross-border projects as Indonesia positions itself as Asian storage hub
19 February 2024
Heidelberg advances Alberta CCUS project
Cement producer awards FEED contract for large-scale project but stresses need to finalise federal and provincial funding
13 February 2024
US warns against Asian coal power expansions
Plans to add 500GW of coal-fired capacity could undo progress on emissions in US and Europe, climate envoy John Kerry tells IEA forum
12 February 2024
US backs CCS tech projects with $304m
Government selects four large-scale projects spanning power, refining and paper sectors to receive funding to pilot transformational technologies
7 February 2024
DAC takes centre stage in EU carbon strategy
Carbon removal technology instrumental in meeting 2040 and 2050 emissions targets, European Commission says
6 February 2024
Japanese firms explore carbon exports to Australia
Mitsui OSK Lines and JX Nippon Oil eye shipments to South Australia as cross-border emissions trade routes in Asia-Pacific open up
6 February 2024
UK’s first cement sector CCS project advances
Germany-based Heidelberg Materials awards FEED contracts for £400m project at its Padeswood plant in Wales
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