Tagged With Carbon capture
Letter on carbon: Direct action
22 September 2023
A flurry of interest in direct air capture signals a key role for the technology in the push for net zero
SLB on mission to halve cost of carbon capture
21 September 2023
Technology company says its latest technologies can achieve 30–50% cost reductions at the capture stage
UK licence awards set stage for CO₂ storage push
15 September 2023
Shell, Eni and independent operator Enquest dominate list of new licences as UK ramps up offshore storage push
Amazon backs Texas DAC project with ten-year offtake
13 September 2023
Online retailer prebooks credits to be generated by 1PointFive’s Stratos project in Ector County
Adnoc takes FID on Habshan CCUS project
6 September 2023
Project is one of MENA region’s largest and will triple Emirati firm’s CO₂ storage capacity
US eyes funding to scale up CO₂ transport system
29 August 2023
Buildout of infrastructure over next decade needed to keep pace with rapid growth of country’s CCS sector
Green steel at scale 'decades away' – BHP
23 August 2023
High cost of hydrogen and CCS will hamper uptake by the steel sector, Australian mining group says
Porthos counts costs of construction delays
22 August 2023
Netherlands’ flagship CCS project targets 2026 start up after legal challenge derails original construction timetable
Occidental to buy DAC specialist Carbon Engineering for $1.1b
16 August 2023
US oil company agrees to acquire Canadian developer in move to accelerate cost reductions and deployment of direct air capture technology
Wintershall breaks into UK CCS market
16 August 2023
German independent oil and gas firm secures licence to develop storage in Camelot area of North Sea in breakthrough for its growing carbon management business
Denmark pauses North Sea storage tender
15 August 2023
Second-round tender put on hold amid uncertainty over Danish state’s shareholding in future licences
US selects DAC projects for $1.2b funding
11 August 2023
Climeworks and Occidental subsidiary 1PointFive among developers set for talks with US Department of Energy over first tranche of funding for large-scale projects
UK CCS strategy moves forward
10 August 2023
But concerns over storage and the government’s long-term plans still need to be ad-dressed, say industry bodies
Wood secures new global agreement with Shell
3 August 2023
Scotland-based consulting and engineering firm to support oil major’s global energy transition projects under new three-year deal
ADNOC and Occidental collaborate on CCS and DAC
2 August 2023
Strategic agreement includes evaluation of first megaton direct air capture project outside US
Mubadala Energy steps up CCUS push with Pertamina tie-up
26 July 2023
Abu Dhabi-based company drives forward gas decarbonisation strategy with deal to explore CCUS applications in Indonesia
Engineering the world’s largest post-combustion CCS plant
24 July 2023
As part of the UK’s Humber Zero initiative, CCS plants will be retrofitted to a combined-cycle natural gas power plant adjacent to the Humber oil refinery
ExxonMobil boosts CCS portfolio with $4.9b Denbury deal
21 July 2023
Acquisition of Texas-based independent gives oil major largest US CO₂ pipeline network and ten onshore storage sites
Shell and ConocoPhillips back hybrid DAC technology
18 July 2023
Oil companies invest in Los Angeles-based Avnos to help commercialise novel technology by end of 2025
Buckeye buys Elysian Carbon Management
18 July 2023
Houston-based midstream oil company signals commitment to transition with purchase of CCS developer
Aramco explores use of modular CCUS
13 July 2023
Saudi company signs MOU with Norwegian technology supplier Aker Carbon Capture to assess potential for deployment across range of industries
Developers eye rapid UK offshore CO₂ storage growth
11 July 2023
Companies have near-term ambitions to bring online 37 storage sites by 2035, according to industry survey by Crown Estates
Denbury set for rapid CCUS expansion
11 July 2023
Texas-based firm forms partnerships to develop 300mn t of new CO₂ storage capacity in southeastern Louisiana
Shell and Man in carbon capture collaboration
4 July 2023
Two companies sign MoU to work together on reducing costs and accelerating rollout of projects
CCUS outlook: Delivering large-scale carbon abatement for net zero
22 June 2023
Scaling CCUS will require collaboration between governments, public and private actors, and communities
Certainty key for Canada’s CCS industry
19 June 2023
Project developers need clarity on long-term carbon pricing and streamlining of federal and provincial regulation, president and CEO of International CCS Knowledge Centre tells Carbon Economist
EU consults on strategy to kickstart CCUS
13 June 2023
Storage infrastructure targets and coordinated project funding among proposals as European Commission warns on slow pace of development
High costs threaten DAC potential – BCG
9 June 2023
Paradigm shift by governments and other stakeholders needed to bring down costs and unlock investment in key carbon removal technology, says Boston Consulting Group
Germany launches carbon CfD scheme
6 June 2023
Government expects to budget more than €10bn for subsidy programme in response to US IRA
ExxonMobil signs CCS deal with steelmaker Nucor
2 June 2023
Oil major sees CCS for third parties as a ‘compelling’ business as latest contract takes total portfolio to 5mn t/yr
World must scale up CCUS for net zero, says IEA’s Budinis
31 May 2023
CCUS is one of the key tools for decarbonising the energy system, but governments and industry must act now to accelerate its deployment at scale
CDR defies cost pressures to win over corporate buyers
30 May 2023
Growing list of offtake deals shows large corporations are ready to invest in expensive engineered carbon dioxide removal to support their net-zero goals
UK’s Drax pivots Beccs expansion to US
23 May 2023
Company plans £4bn investment in new plants in southern US, evaluates nine other sites and opens Houston Beccs headquarters
UK awards 20 offshore CO₂ storage licences
19 May 2023
First licence round sees 12 developers secure rights to appraise storage sites with potential to hold 10pc of UK’s annual emissions
Airbus and Masdar explore DAC for SAF
16 May 2023
Joint project aims to develop production of sustainable fuels by combining direct air capture and green hydrogen
Danish subsidy award unlocks major CCS project
16 May 2023
Orsted places €200mn order with Aker Carbon Capture and seals large offtake deal with Microsoft as state aid opens way for CCS at bioenergy plants
US CCUS sector weighs risks and rewards
10 May 2023
Many projects look attractive on paper but come with multiple risks for financiers and developers, say speakers at Washington forum
Major CDR projects secure offtakers in landmark deal
9 May 2023
Corporate buyers including UBS and Swiss Re commit to buy carbon dioxide removals in boost for emerging sector
US carbon management a $600bn opportunity, says DoE
5 May 2023
Industry poised to invest heavily on the back of attractive CCUS economics in gas processing and other sectors, US Department of Energy says in new report
Santos ups Bayu-Undan CCS demand forecast
3 May 2023
Australian oil and gas producer says MoUs with potential customers imply higher demand for storage at projects in East Timor
Should the UK power its CCUS ambitions with EOR?
2 May 2023
Enhanced oil recovery could recycle carbon to sustain North Sea oil production while renewables are scaling up
Wintershall hunts for CO₂ storage in Egypt and Argentina
27 April 2023
German oil and gas company actively screening potential offshore sites in both countries
ABB and Pace join forces to lower CCS costs
25 April 2023
Partnership’s offering includes use of digital twin technology to model full chain of a CCS system, the companies tell Carbon Economist
Carbon Engineering hits its stride
25 April 2023
Canadian DAC firm has received backing from the aviation sector and is accelerating deployment of its technology through a partnership with Occidental subsidiary 1PointFive, CEO Daniel Friedmann tells Carbon Economist
Net zero demands huge carbon-capture investment – IEA
21 April 2023
Project pipeline implies only a quarter of capacity needed by 2030, IEA says
Climeworks bids for three US DAC hubs
20 April 2023
Swiss company targets proposed hubs in Louisiana, California and Northern Great Plains under DoE funding programme
CCUS: Investing in the foundations for scaling
17 April 2023
Progress in the CCUS sector is finally underway thanks to policy support, but moving at the required pace will require more government action and industry partnerships
Onyx plans 1.2GW blue hydrogen project
12 April 2023
Company plans 2028 commissioning for project sited next to its coal power plant in the port of Rotterdam
BP takes stake in Viking CCS
12 April 2023
The project is a ‘leading contender’ for track two sequencing and could take FID by next year
Linde and Heidelberg announce 70,000t/yr CCUS project
12 April 2023
The project will capture CO₂ from the Lengfurt cement plant in Germany and process it for use in the manufacturing, chemicals and food industries
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