Tagged With Stuart Penson
Spirit unveils major UK offshore carbon storage project
2 February 2023
Centrica joint venture outlines plan to convert two Irish Sea gas fields into storage hub with potential to develop blue hydrogen cluster
Investors warn against carbon removal
1 February 2023
UN-convened alliance of financial institutions demands focus on carbon mitigation rather than removal
Deep emissions cuts drive CCUS to emerging economies – BP
31 January 2023
India and China lead CCUS deployment under optimistic emissions reduction scenarios set out by oil major
Petronas partners with ExxonMobil on CCS projects
31 January 2023
Agreement adds to growing list of carbon-capture alliances forged by Malaysian oil and gas company
Japanese heavyweights get behind CCS
26 January 2023
Nippon Steel and Mitsubishi among a slew of major Japanese companies launching CCS initiatives as government sets out long-term roadmap
Shell delivers first cargo under Giignl green LNG rules
25 January 2023
Cargo shipped from Gorgon project to Taiwan is first to verify GHG-neutral status using guidelines set by International Group of Liquefied Natural Gas Importers
Norway claims first smelter CCS pilot
24 January 2023
Technology supplied by Aker Carbon Capture connected to ferroalloys production plant operated by Elkem in Rana, Norway
Paris goals demand rapid CDR scale-up
24 January 2023
Deployment of new carbon dioxide removal technologies such as Beccs and Daccs must accelerate over the next decade, says University of Oxford report
Voluntary market set to embrace removals
20 January 2023
Carbon-removal technologies to gain market share as companies fret over quality of credits generated by avoidance projects, according to Shell and BCG
Germany’s change of heart on CCS
19 January 2023
Technology shunned by country’s politicians for more than a decade looks set for a key role in government’s new decarbonisation strategy
Equinor backs Beccs in joint Nordic initiative
18 January 2023
Norwegian energy firm launches Njord Carbon project to scale up carbon-removal technology together with Sodra and Verdane
Europe urged to fight US for low-carbon investment
17 January 2023
Continent should match US policies such as the Inflation Reduction Act to attract capital for net-zero push, says former vice-president Al Gore
Alaska looks to tap carbon markets
17 January 2023
US state’s governor proposes legislation to support expansion of CCS and generation of tradeable offsets
Trafigura backs DACS with credit purchase pledge
16 January 2023
Commodities trader signs up to carbon removal commitment set by First Movers Coalition
EU approves €1.1bn Danish CCS support scheme
13 January 2023
State government offers 20-year CfD to support deployment of carbon capture as key decarbonisation tool
Australia softens stance on international offsets
13 January 2023
Government to consult on potential law change allowing big emitters to use offsets generated abroad to meet domestic limits
CCUS sector set for flurry of M&A
9 January 2023
More deals expected this year as developers seek capital and large firms look to build up portfolios, says Wood Mackenzie
Errai CCS hits milestone
6 January 2023
Developers of Norway’s first commercial carbon capture and storage project secure site for intermediate terminal in one of country’s largest industrial zones
Adnoc earmarks $15bn for decarbonisation
6 January 2023
Abu Dhabi’s state oil company to develop array of projects including CCS, carbon removal and electrification in major investment programme to 2030
Canadian oilsands producers advance CCS plans
5 January 2023
Deal with Alberta government allows companies to ramp up testing at proposed site of large-scale geological storage hub
Baker Hughes to supply compressors to Kasawari CCS
4 January 2023
Equipment will enable transportation and reinjection of CO₂ at world’s largest offshore carbon capture and storage project in Malaysia
Aker lines up order for modular CCS system
3 January 2023
Norwegian company signs letter of intent with European customer to supply standardised technology
CCS to gain momentum in 2023 – ING
3 January 2023
US takes lead in emerging sector as enhanced policy support drives growth
US backs DAC with $3.5bn hub fund
15 December 2022
Department of Energy launches programme to support development of four regional demonstration hubs for direct air capture at commercial scale
Strong support for CCUS in hydrocarbon processing sector – survey
29 November 2022
Carbon capture, utilisation and storage set to be mainstay of industry, according to majority of respondents to survey conducted by Gulf Energy Information
Norway and Switzerland cooperate on CCS
29 November 2022
Two governments in bilateral talks on potential cross-border projects on carbon capture and storage and CO₂ removal
Eni wins support for second UK CCS project
24 November 2022
Gas distributor Cadent and energy firm SSE Thermal among backers of project to store CO₂ in depleted North Sea gas field off eastern England
Petronas and Vopak cooperate on CCS
22 November 2022
Malaysian oil and gas company and Dutch storage firm to focus on potential projects in Singapore
Renewables sectors form alliance to drive deployment
16 November 2022
Associations representing sectors including green hydrogen, wind and geothermal launch unprecedented joint initiative at Cop27 in Egypt
Indonesia to develop 1bn t Sumatra CCS facility
10 November 2022
Conversion of depleted Arun gas field could be first commercial CCS project in Asia to offer open-access storage
Cepsa to offset Spanish winter heating oil use
7 November 2022
Spanish oil and gas company says reforestation and preservation offsets will be certified by external company
CCUS must grow 120-fold by 2050 to meet net zero
1 November 2022
Current rate of deployment too slow to meet even 2°C warming target, consultancy McKinsey says
Blackstone digs deeper on transition
28 October 2022
Private equity division Blackstone Energy Partners is looking to finance critical energy infrastructure assets
Germany stands firm on nuclear phase-out
19 October 2022
Government plans to end nuclear generation in near term despite move to keep plants operational through this winter in response to energy crisis
Global CCS project pipeline grows 44pc in a year
17 October 2022
Thirty projects are in operation, but deployment needs to accelerate sharply to meet Paris Agreement goals, thinktank says
CF targets blue ammonia market after signing CCS deal
14 October 2022
US fertiliser firm aims to be first high-volume supplier of blue ammonia as it secures major CCS deal with ExxonMobil and Enlink
CF targets blue ammonia market after signing CCS deal
14 October 2022
US fertiliser firm aims to be first high-volume supplier of blue ammonia as it secures major CCS deal with ExxonMobil and Enlink
North Sea CCS trials to start after cross-border deal
30 September 2022
Chemicals company Ineos to ship CO₂ from Belgium to Danish storage site in first North Sea trials after governments give green light
CCS poised for rapid growth in US
26 September 2022
Inflation Reduction Act and other government initiatives seen as catalysts for carbon-capture expansion across multiple industrial sectors, according to speakers at Transition Economist roundtable
Qatar works with GE to cut energy sector emissions
22 September 2022
State-owned QatarEnergy and technology company GE to develop roadmap for deployment of CCS, hydrogen and ammonia to cut scope one emissions
Equinor and Wintershall launch major CCS project
30 August 2022
Open access pipeline will link north German CO₂ collection hub with offshore storage sites on Norwegian continental shelf
Shell in talks with Lufthansa over SAF deal
3 August 2022
Seven-year agreement with German airline would be Shell’s biggest such contract to date
Iberdrola secures €550mn EIB green loan
25 July 2022
Funds will support 1.8GW expansion of onshore wind and solar capacity in Spain
Repsol boosts investment in transition technology
11 July 2022
Spanish energy company unveils two investment funds aimed at accelerating development and application of new technologies
Equinor and Fluxys study CO₂ pipeline project
29 June 2022
Project would pump CO₂ from multiple emitters in northwest Europe to storage sites under Norwegian continental shelf
Brookfield transition fund hits $15bn
24 June 2022
Fund aimed at decarbonising industries and scaling up clean energy is largest of its type dedicated to transition, asset manager says
Norway seeks talks on cross-border carbon trade
24 June 2022
Energy minister Terje Aasland stresses importance of movement of CO₂ across national boundaries to success of CCS
RWE and Arcelormittal cooperate on green steel
23 June 2022
Plan includes joint bidding for offshore wind projects and developing green hydrogen supply for German steel mills
UK launches first carbon storage licensing round
14 June 2022
Government offers 13 areas for offshore storage as interest from potential developers hits unprecedented levels
Trafigura backs energy storage developer Malta
13 June 2022
Commodities trader joins growing list of investors in Malta’s pumped-heat energy storage technology
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