Articles
21 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries
18 July 2024
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
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
Watkins will leverage her financial acumen and strategic insight to lead Gulf’s commercial initiatives across media, events, and market intelligence
9 July 2024
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
Oil major takes FIDs on its Polaris carbon-capture project at Scotford refinery and chemicals complex and Atlas Carbon Storage Hub
27 June 2024
Improved financial incentives are spurring investment in CCS in industry, although challenges remain in sectors such as steel and cement
26 June 2024
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
Maritime technology will help industry scale and enable the development of CCS projects in Southern Europe
25 June 2024
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
Saudi Arabia lags the UAE in both standalone carbon capture and its deployment of low-emission hydrogen
21 June 2024
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
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 have entered a memorandum of understanding to jointly facilitate the commercial scale deployment of carbon capture, utilisation and storage applications.
20 June 2024
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 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
Oslo-based joint venture officially launches as SLB closes deal to buy 80% of Norway’s Aker Carbon Capture
18 June 2024
State-backed energy firm agrees with French TSO GRTgaz to develop links into Norwegian CO₂ storage
14 June 2024
Centrist bloc remains in power, but the EPP and EU Council have signalled a move away from climate issues
11 June 2024
Potential for CCS to cut emissions may have been overstated, despite country’s huge geological storage resource
11 June 2024
Phase one of project will capture CO₂ from Aramco gas plant facilities near Jubail on Saudi Arabia’s east coast
6 June 2024
EnEarth subsidiary aims to develop low-carbon hub around Prinos storage site in Aegean Sea off northern Greece
4 June 2024
Government’s latest budget suggests it remains on the fence about the role of CCS in the energy transition
4 June 2024
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
State energy company Pertamina collaborates with Korea National Oil Corporation and ExxonMobil on CCS value chain
28 May 2024
The US government has joined an increasingly desperate global push to restore confidence in the voluntary carbon market
21 May 2024
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
Europe’s largest steelmaker starts up project at Ghent site as it pursues CCS as third pillar of decarbonisation strategy
10 May 2024
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
Allowance prices rise 34% since start of year as regulator imposes tighter limits and considers reduction of free allocations
7 May 2024
Policymakers should consider backing enhanced weathering as a CDR technique with benefits to the agricultural sector
3 May 2024
Developers look to government’s forthcoming budget to restore support as industry suffers loss of momentum
1 May 2024
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
Decarbonisation push and shifting multilateral trade policy sharpens continent’s need for carbon trading
29 April 2024
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
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
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
16 April 2024
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
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies
8 April 2024
Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology
4 April 2024
EET’s $2.4b plan to decarbonise major refinery in northwest England hits key milestone with CO₂ pipeline approval
2 April 2024
US firm’s deal with Aker Carbon Capture could be catalyst for growth in a sector hampered by high costs
28 March 2024
US company aims to accelerate deployment of new technologies offered by Norwegian pureplay CCS firm
26 March 2024
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
Largest investment to date will support emission reduction projects across multiple sectors including refining, steel and cement
19 March 2024
Commodity trading companies are set for a key role in shaping green supply chains and providing carbon market liquidity
15 March 2024
Oil major explores potential expansion of Canadian project as investment in CCS gathers pace
11 March 2024
Government keen to avoid oversupply issues that dogged previous iteration of voluntary carbon market
8 March 2024
Incoming government faces decarbonisation challenges as lack of robust standards constrain industry uptake of new voluntary carbon market
5 March 2024
Offset integrity issues and low prices are undermining markets’ potential to drive low-carbon investment
4 March 2024
Allowance prices in EU’s emissions cap-and-trade scheme drop by a third as lower power prices hit demand
1 March 2024
Oil producer group could spearhead the shift to cleaner energy in member countries and be part of transition solution
29 February 2024
Deployment of clean energy technology is gathering pace, but the transition is way behind where it needs to be
27 February 2024
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
Operators will be liable for leaks back into the atmosphere under rules designed to give clarity to industry
22 February 2024
Uniper and RWE advance multiple projects to deploy CCS at new and existing gas-fired power plants
20 February 2024
Carbon costs imposed by EU on chemicals sector are unsustainable, INEOS CEO and founder Jim Ratcliffe warns commission president
20 February 2024
Countries work together on cross-border projects as Indonesia positions itself as Asian storage hub
19 February 2024
Cement producer awards FEED contract for large-scale project but stresses need to finalise federal and provincial funding
13 February 2024
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
Government selects four large-scale projects spanning power, refining and paper sectors to receive funding to pilot transformational technologies
7 February 2024
Carbon removal technology instrumental in meeting 2040 and 2050 emissions targets, European Commission says
6 February 2024
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
Germany-based Heidelberg Materials awards FEED contracts for £400m project at its Padeswood plant in Wales
30 January 2024
London-based Howden says new product can boost bankability of CCS projects by addressing key risk
29 January 2024
Relaunch comes seven years after market was closed to new entrants because of low volumes and lack of standards
19 January 2024
Drax Power has secured planning permission to start developing one of the world’s largest commercial projects, but how robust is the argument for deploying Beccs at scale?
17 January 2024
Demand for technology and components deployed in the SAF and blue hydrogen sectors is booming, UK-based company tells Carbon Economist
16 January 2024
Investment in CCUS will accelerate this year as developers weigh short-term cost pressures and regulatory risk against the technology’s long-term potential
11 January 2024
Emirati energy company takes 10.1% stake in first international investment in carbon management sector
9 January 2024
In a transformative shift, the consumer’s role in meeting net-zero challenges and reducing reliance on fossil fuels is crucial
9 January 2024
The hydrocarbons industry must start to deliver in 2024 on the quiet approvals granted at last year’s COP, which was also dubbed ‘Conference of the Petrostates’
8 January 2024
Authorities eye design of EU ETS as they seek legislation to help fast-track decline in emissions through a cap-and-trade market
5 January 2024
Key trends identified as drivers of the trilemma
20 December 2023
Geothermal energy provides reliable baseload power and heat supply
15 December 2023
Greater collaboration with international developers could spur sector’s growth as it grapples with high costs and lack of effective business models, report says
15 December 2023
Carbon pricing is inevitable, but the mechanism is still to be determined
12 December 2023
Announcements made during climate talks signal progress on several fronts when it comes to unlocking finance to support the energy transition
12 December 2023
VCM to help scale climate finance
8 December 2023
The US oil major is leveraging its skillset to develop a low-carbon portfolio spanning CCS and blue hydrogen to lithium for EV batteries
7 December 2023
An ambitious pipeline of CCS projects through 2030 shows optimism for the sector
6 December 2023
Talks focus on two key provisions to Paris Agreement rules allowing international trade in emission reductions
4 December 2023
Oil and gas companies look to defy cynics and play pivotal role in decarbonisation as the UAE hosts COP28
4 December 2023
CCUS is under the spotlight at COP28 in Dubai as policymakers increasingly look to tap its potential to tackle hard-to-abate emissions
30 November 2023
Negative pricing has become more frequent in European energy markets, and GB markets are now experiencing a similar increase
29 November 2023
Preparations underway for inclusion of cement, aluminium and steel producers in world’s largest compliance market by 2030
28 November 2023
European Commission earmarks cross-border projects for funding and fast-tracks carbon management strategy as pressure grows to kickstart CCS sector
27 November 2023
Progress in decarbonisation but significant challenges lie ahead
27 November 2023
Shipment of CO₂ from Dutch ammonia plant to Norwegian storage site will require bilateral agreement at government level
21 November 2023
Strategic alliance includes potential development of CO₂ shipping and transportation infrastructure network in the region
21 November 2023
Companies can boost confidence in the voluntary market by using their internal carbon prices as reference points against which to measure the implied climate contribution of their purchased offsets
15 November 2023
DOE offers $98m to CO₂ storage project centred on oil major’s largest refinery
14 November 2023
German independent expands UK CCS portfolio with purchase of 10% stake in Southern North Sea project from Carbon Catalyst
8 November 2023
World’s largest fund manager forms joint venture with Occidental to drive forward Texas project
3 November 2023
Technology-neutrality, collaboration and lessons from existing projects will help the industry achieve the large-scale growth the world needs
31 October 2023
Europe’s CCUS sector needs the German government to deliver on its promise of an ambitious carbon management strategy
27 October 2023
The growing number of individual national carbon exchanges threatens to fragment much needed liquidity
26 October 2023
Government publishes new methodologies and regulation for offsets programme that was shelved in 2017
25 October 2023
Head of terms agreement for HyNet North West cluster paves way for world’s first asset-based regulated CCS business
