Overseas Shipholding Group (OSG), a major American shipping company, has launched efforts to explore the potential of carbon capture and storage as part of its GHG emission reduction strategy. To that end, OSG has established a new subsidiary, Aptamus LLC in Delaware, which will focus on investing i
Captura, a carbon removal company founded at Caltech, has partnered with AltaSea at the Port of Los Angeles to install its newest ocean carbon removal system.
A joint UK-EU project to develop retrofit carbon capture solutions and other technologies for ships to reduce their emissions and fuel consumption has got underway.
BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.
Australian energy company Santos has signed four memoranda of understanding (MoU) for the proposed storage of CO2 emissions from third parties for its Bayu-Undan carbon capture and storage (CCS) project. According to Santos, the four non-binding MoUs for CO2 supply were signed with potential upstrea
Norway’s cleantech company TECO 2030 and US engineering company Chart Industries have expanded their existing cooperation agreement on Chart’s Cryogenic Carbon Capture™ process technology (CCC), to include Chart’s offer of liquid cryogenic fuel storage and supply systems, as well as Howden’s hydroge
OEUK’s survey shows that the majority of MPs believe the UK can achieve its net-zero goals by collaborating with the oil and gas industry.
Japan’s Mitsubishi Heavy Industries (MHI) has concluded a general license agreement (GLA) with Italian engineering company Saipem under which MHI will provide Saipem with its proprietary KM CDR Process™ and Advanced KM CDR Process™ technologies for use in CO2 capture plants. MHI has been collaborati
GlobalData has revealed that geopolitics and energy transition are the most pressing themes for the oil and gas industry in 2023.
French engineering company Technip Energies has received Approval in Principle (AiP) from compatriot classification society Bureau Veritas (BV) for its Offshore C-Hub concept. Technip’s Offshore C-Hub concept is a floating vessel that receives liquid CO2 from shuttle tankers, provides buffer storage
Aquaterra Energy is expanding its riser and connector portfolio with the addition of a completions and workover system that will support carbon capture and storage (CCS) developments. According to the company, the end-to-end solution will allow operators to safely perform workover and intervention o
A new alliance between actors in carbon capture and storage (CCS) has been launched, Danish Shipping, one of the initiators of the new alliance said. Named Carbon Capture & Storage Europe, the alliance brings together a wide range of companies and organisations. The coalition members are: Aker Carbo
The recent pick-up in the development of carbon capture and storage (CCS) projects across the globe is expected to provide a new source of cargo demand for the maritime industry, helping offset demand for a declining trade of conventional hydrocarbon cargoes. CCS involves capturing carbon dioxide em
The European Union (EU) and Norway have formed a Green Alliance to strengthen their cooperation on clean energy and industrial transition as well as joint climate action and environmental protection efforts. The agreement was signed on 24 April in Brussels by the President of the European Commission
