Tagged With Carbon capture
Voluntary carbon market defies the odds
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
Carbon markets alone will not deliver CCS at scale
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies
Chevron invests in carbon capture tech firm
8 April 2024
Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology
Stanlow offers blueprint for low-carbon refining
4 April 2024
EET’s $2.4b plan to decarbonise major refinery in northwest England hits key milestone with CO₂ pipeline approval
Letter on carbon: SLB’s early-stage tech play
2 April 2024
US firm’s deal with Aker Carbon Capture could be catalyst for growth in a sector hampered by high costs
SLB buys majority of Aker Carbon Capture for $380m
28 March 2024
US company aims to accelerate deployment of new technologies offered by Norwegian pureplay CCS firm
UK poised for surge in CCS investment
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
US offers record $6b funding to hard-to-abate sectors
26 March 2024
Largest investment to date will support emission reduction projects across multiple sectors including refining, steel and cement
Shell eyes 75% capacity boost at Quest CCS
15 March 2024
Oil major explores potential expansion of Canadian project as investment in CCS gathers pace
Germany throws its weight behind CCS
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
German energy firms power up UK CCS push
22 February 2024
Uniper and RWE advance multiple projects to deploy CCS at new and existing gas-fired power plants
Indonesia eyes carbon imports from Singapore
20 February 2024
Countries work together on cross-border projects as Indonesia positions itself as Asian storage hub
Heidelberg advances Alberta CCUS project
19 February 2024
Cement producer awards FEED contract for large-scale project but stresses need to finalise federal and provincial funding
US backs CCS tech projects with $304m
12 February 2024
Government selects four large-scale projects spanning power, refining and paper sectors to receive funding to pilot transformational technologies
DAC takes centre stage in EU carbon strategy
7 February 2024
Carbon removal technology instrumental in meeting 2040 and 2050 emissions targets, European Commission says
UK’s first cement sector CCS project advances
6 February 2024
Germany-based Heidelberg Materials awards FEED contracts for £400m project at its Padeswood plant in Wales
Broker launches insurance against carbon leakage
30 January 2024
London-based Howden says new product can boost bankability of CCS projects by addressing key risk
Letter on carbon: Backing Beccs
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?
CCUS: Five things to watch in 2024
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
Adnoc buys into UK CCS developer Storegga
11 January 2024
Emirati energy company takes 10.1% stake in first international investment in carbon management sector
Outlook 2024: The energy trilemma – Sustainability, security & affordability
5 January 2024
Key trends identified as drivers of the trilemma
Multiple challenges hinder China CCUS expansion
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
Outlook 2024: CCS projects outlook in 2024
7 December 2023
An ambitious pipeline of CCS projects through 2030 shows optimism for the sector
Letter on carbon: Talk of the town
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
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
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