Neptune is progressing CCS projects in the North Sea
Neptune says CCS can take it beyond net-zero by 2030
UK-based independent oil and gas producer says CCS capacity can exceed scope one and three emissions by end of decade
UK-based independent oil and gas producer Neptune Energy has set a new goal to “go beyond net zero” by 2030 by raising the volume of carbon it puts into carbon capture and storage (CCS) above the level of its scope one and three emissions. The firm is progressing CCS projects in the Dutch and UK sectors of the North Sea that could see it store more than 9mn t/yr of CO₂ by the end of the decade. That would exceed its projected direct scope one and scope three emissions, which are forecast to be 8.7mn t in 2030. Less than 0.5pc of Neptune’s emissions are scope two, the company says. It is working with its partners to calculate scope two emissions on an equity share basis. “Gas will continue to
Also in this section
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
