While low-carbon investments overtook oil & gas spending for the first time in 2022, this growth is expected to slow in 2023, says Rystad.
The European Commission has given its approval for a €1.1 billion scheme to support the roll-out of carbon capture and storage (CCS) technologies in Denmark. The aid will be awarded through a competitive tendering procedure open to companies active in any industrial sector, including the waste and e
Norway’s government has received applications from six companies for acreage on the NCS to be allocated for the injection and storage of CO2.
Startup climate-tech company Seabound has teamed up with Crestchic Loadbanks, a specialist in the provision of load bank testing equipment, to test Seabound’s carbon capture prototype. London-based Seabound has developed a unique carbon capture device that traps and stores CO2 from fuel exhaust with
EU Innovation Fund will provide a €4.5 million grant for four Belgian companies, Prefer, a manufacturer of construction materials, Fluxys Belgium, an infrastructure operator, Lhoist, a lime producer and supplier of CO2, and Orbix, a holder of the technology and ad-hoc raw materials, for their joint
Should the U.S. scale up investments in oil and gas along with the deployment of renewables and clean energy technologies?
Horisont Energi has selected a site in Norway where the onshore CO2 terminal for the Errai large-scale carbon capture and storage (CCS) project will be located. The Norwegian company entered into an option agreement with Haugaland Næringspark to locate the land-based CO2 terminal for the Errai CCS p
To scale up its decarbonisation efforts by 2030, ADNOC has hammered out a multi-year action plan, allocating $15 bln for low-carbon projects.
Baker Hughes has secured a contract to supply carbon dioxide (CO2) compression equipment to Petronas Carigali’s offshore carbon capture and sequestration (CCS) project in Sarawak, Malaysia, said to be one of the world’s largest projects of its type. Under the contract signed with Malaysia Marine and
With the global energy crisis still running the show, Wood Mackenzie has outlined ten predictions for the energy industry in 2023.
As the future of the fossil fuels industry depends on its ability to manage its GHG footprint, what’s the best way to tackle these emissions?
Japan’s oil and gas producer Inpex has invested in CarbonOrO Holding, a Dutch startup developing a carbon dioxide capture technology expected to reduce cost by enabling the capture and desorption of carbon dioxide mainly contained in the industrial exhaust gas at lower temperatures and higher pressu
Oil and gas company Neptune Energy and offshore wind developer Ørsted have partnered up to explore powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity. The two parties and Goal7 have signed a Memorandum of Understanding (MoU) to examine the potential to s
Carbon capture and storage (CCS) is a suite of technological processes which involve capturing carbon dioxide (CO2) from the gases discarded by industry and transporting and injecting it into geological formations. According to the Global Status of CCS 2022 report, as of September 2022, 196 commerci
