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Carbon Capture Usage & Storage

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Illustration; Source: Wood Mackenzie
Carbon Capture Usage & Storage

Energy outlook: Is gas and LNG growth freeze on the cards in 2024?

Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.

about 2 years ago
Ichthys LNG offshore central processing facility; Source: Inpex
Carbon Capture Usage & Storage

Green light for Inpex to carry out site surveys and drilling activities for CCS project off Australia

Inpex has received a seal of approval for an environment plan (EP), covering pre-drill site surveys, and drilling and evaluation ops off the coast of Australia.

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about 2 years ago
Koreans launch initiative to explore offshore CO2 storage potential
Carbon Capture Usage & Storage

Koreans launch initiative to explore offshore CO2 storage potential

Korea National Oil Corporation (KNOC) is taking part in a national initiative to explore and identify potential CO2 storage sites within waters around the Korean peninsula. KNOC announced on December 26 that it was embarking on a full-scale exploration to secure underground storage of carbon dioxide

about 2 years ago
LCO2
Carbon Capture Usage & Storage

Japanese majors press ahead with plans to start large-scale LCO2 transport in 2028

Japanese shipbuilders Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard, a joint venture between Imabari Shipbuilding Co, and Japan Marine United Corporation, have signed a Memorandum of Understanding (MOU) with compatriot Mitsui & Co. and Mitsubishi Corpo

about 2 years ago
OSG 204
Carbon Capture Usage & Storage

OSG wins $400K DOE backing to study Tampa’s carbon hub development

U.S.-based tanker owner Overseas Shipholding Group (OSG) has obtained a $400,000 grant from the United States Department of Energy (DOE) to study the development of its proposed Tampa Regional Intermodal Carbon Hub (T-RICH). The study is intended to evaluate the commercial feasibility of developing

about 2 years ago
Courtesy of Harbour Energy
Carbon Capture Usage & Storage

Harbour Energy getting its hands on Wintershall Dea’s E&P portfolio, bar Russian one, for $11.2 billion

Harbour Energy has the wheels into motion to acquire all of Wintershall Dea’s assets, aside from the ones in Russia, for $11.2 billion.

about 2 years ago
Air Liquide
Carbon Capture Usage & Storage

Air Liquide to install CO2 capture unit at hydrogen plant in Rotterdam port

In order to supply decarbonized hydrogen to its long-term customers, Air Liquide has decided to build, own, and operate a carbon capture unit that will be installed at its hydrogen production plant in the port of Rotterdam and will be connected to Porthos, one of Europe’s largest carbon capture and

about 2 years ago
Santos’ new deals with Japanese companies zero in on low-carbon fuels in Cooper Basin
Carbon Capture Usage & Storage

Santos’ new deals with Japanese companies zero in on low-carbon fuels in Cooper Basin

With a focus on transforming the Cooper Basin into a decarbonization and low-carbon fuels hub, Australian energy giant Santos has signed multiple agreements with Japanese companies. Following the passage of legislation through the Australian parliament to facilitate the cross-border transfer of CO2,

about 2 years ago
New terminal at Immingham port to support import of green ammonia from Saudi’s NEOM
Carbon Capture Usage & Storage

New terminal at Immingham port to support import of green ammonia from Saudi’s NEOM

UK’s ports operator Associated British Ports (ABP) has launched a tender seeking a lead contractor or consortium to design and build a bulk liquid green energy terminal at the Port of Immingham. According to ABP, Immingham Green Energy Terminal (IGET) will be a multi-user bulk liquid green energy te

about 2 years ago
K Line
Carbon Capture Usage & Storage

Japanese players and Woodside Energy join forces for CO2 capture and storage feasibility study

Japanese industry majors Sumitomo Corporation, JFE Steel Corporation, Sumitomo Osaka Cement, Kawasaki Kisen Kaisha (K LINE), and Australian energy giant Woodside Energy have signed a memorandum of understanding (MOU) to conduct a business feasibility study aimed at aggregating CO2 and transporting i

about 2 years ago
JERA and Pertamina to collaborate on low-carbon fuels value chain
Carbon Capture Usage & Storage

JERA and Pertamina to collaborate on low-carbon fuels value chain

Japanese energy giant JERA and Indonesia’s largest state-owned oil and natural gas company Pertamina have signed a memorandum of understanding (MoU) to collaborate on business opportunities for infrastructure investment in low-carbon fuels such as LNG and hydrogen/ammonia. JERA and Pertmina announce

about 2 years ago
Crowley
Carbon Capture Usage & Storage

Crowley to trial Carbon Ridge’s onboard carbon capture solution

Florida-based shipping and energy supply chain company Crowley and Carbon Ridge Inc, a U.S. developer of modular onboard carbon capture and storage solutions, have launched an onboard carbon capture pilot project. The project involves the utilization of Carbon Ridge’s patent-pending, second-generati

about 2 years ago
Bernhard Schulte
Carbon Capture Usage & Storage

Bernhard Schulte orders LNG dual-fuel CO2 carrier backed by Northern Lights’ long-term charter

Germany-based shipowning company Bernhard Schulte has placed an order for its first CO2 tanker. The LNG dual-fuel newbuilding will be constructed at Dalian Shipbuilding Offshore (DSOC) and feature innovative technologies aimed at significantly reducing its carbon footprint such as wind propulsion an

about 2 years ago
Tripartite partnership pursues GHG storage acreage offshore Australia
Carbon Capture Usage & Storage

Tripartite partnership pursues GHG storage acreage offshore Australia

DeepC Store and Azuli International have agreed to jointly pursue and acquire greenhouse gas (GHG) storage acreages in Commonwealth waters offshore Australia said to have strong potential for significant CO2 storage capacities. The two companies have jointly bid for GHG Assessment Permits released b

about 2 years ago