Tagged With Carbon capture
EU sets sights on pan-European CCS network
28 November 2023
European Commission earmarks cross-border projects for funding and fast-tracks carbon management strategy as pressure grows to kickstart CCS sector
Yara and Northern Lights in major cross-border carbon deal
27 November 2023
Shipment of CO₂ from Dutch ammonia plant to Norwegian storage site will require bilateral agreement at government level
Adnoc and Santos collaborate on Asia-Pacific CCS
21 November 2023
Strategic alliance includes potential development of CO₂ shipping and transportation infrastructure network in the region
US government backs BP’s Whiting storage project
15 November 2023
DOE offers $98m to CO₂ storage project centred on oil major’s largest refinery
Wintershall buys into Poseidon CCS project
14 November 2023
German independent expands UK CCS portfolio with purchase of 10% stake in Southern North Sea project from Carbon Catalyst
BlackRock backs DAC with $550m Stratos deal
8 November 2023
World’s largest fund manager forms joint venture with Occidental to drive forward Texas project
CCUS: From scepticism to solutions
3 November 2023
Technology-neutrality, collaboration and lessons from existing projects will help the industry achieve the large-scale growth the world needs
Eni claims CCS regulation breakthrough with UK deal
25 October 2023
Head of terms agreement for HyNet North West cluster paves way for world’s first asset-based regulated CCS business
North Sea Porthos carbon storage project hits FID
18 October 2023
Netherlands’ first major storage project sees costs more than double after two-year delay
Corporate heavyweights back Japan’s CCS push
10 October 2023
Inpex and Mitsubishi Heavy Industries among participants in seven large-scale projects as government sets ambitious expansion targets
German researchers ready to scale new DAC system
4 October 2023
Successful trials prove reliability of system using waste heat to reduce power consumption, says Centre for Solar Energy and Hydrogen Research Baden-Wuerttemberg
1Pointfive and Adnoc study large-scale DAC
4 October 2023
Companies jointly fund preliminary engineering study of first megaton-scale DAC facility outside US
Letter on carbon: Reality check
3 October 2023
The IEA has tempered recent optimism over CCUS with a downbeat assessment of the technology’s role in achieving net zero
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
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