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The changing economics of CCS
The business case for CCS is strengthening as costs decline, but deployment must accelerate to align with credible net-zero scenarios
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Company warns against potential withdrawal of federal funding for emerging technology as it eyes key role for CO₂ in boosting both conventional and shale oil recovery in US
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Stanlow produces 16pc of the UK’s road transport fuels
Carbon capture Decarbonisation
Tom Young
30 November 2022
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Essar Oil to build CCS at Stanlow

Carbon dioxide will be permanently sequestered into depleted gas fields under the sea in Liverpool Bay as part of the Hynet cluster

Refiner Essar Oil has announced plans to build a £360mn ($432mn) new carbon-capture plant at its Stanlow refinery. The gas will be permanently sequestered in depleted gas fields under the sea in Liverpool Bay as part of the Hynet cluster project in northwest England. The government designated Hynet North West as a ‘track one’ cluster last year, meaning it is eligible for the first round of state finance. Engineering company Kent has been awarded a pre-Feed contract to evaluate the incorporation of a unit to capture CO₂ from the fluid catalytic cracker at Stanlow. The unit is set to start operating in Q1 2025, with completion in 2027. Once finished, it will capture and store an estimated 0.81

Also in this section
The changing economics of CCS
17 October 2025
The business case for CCS is strengthening as costs decline, but deployment must accelerate to align with credible net-zero scenarios
Gulf Energy Excellence Awards® 2025 winners honoured at Houston gala
17 October 2025
The black-tie gala recognised the energy industry’s leading innovations and thought leaders from across the value chain
Letter from London: Occidental’s oil-led defence of DAC
15 October 2025
Company warns against potential withdrawal of federal funding for emerging technology as it eyes key role for CO₂ in boosting both conventional and shale oil recovery in US
An all-energy stance
9 October 2025
A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability

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