Shell aims to reduce emissions from the Nanhai petrochemical plant in Daya Bay via CCS
Shell to explore CCS in China with ExxonMobil and Cnooc
The three oil firms have partnered with the provincial government of Guangdong to assess options for a 10mn t/yr CCS hub in Daya Bay
Shell has signed a memorandum of understanding with ExxonMobil, Chinese oil giant Cnooc and the Chinese provincial government of Guangdong to explore the development of an offshore carbon capture and storage (CCS) hub. The hub will be located in the existing petrochemical industrial cluster at Daya Bay in Guangdong, and could capture up to 10mn t/yr of CO2. The partners are to conduct a joint study to assess the technology and develop a commercial model for the project, as well as working with the government to develop enabling policies. “The surging demand for CCS in China provides Shell with a substantial opportunity to grow its sectoral decarbonisation business,” said Anna Mascolo, execut
Also in this section
23 December 2025
Legislative reform in Germany sets the stage for commercial carbon capture and transport at a national level, while the UK has already seen financial close on major CCS clusters
15 December 2025
Net zero is not the problem for the UK’s power system. The real issue is with an outdated market design in desperate need of modernisation
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.
