Carbon Capture News

 

Abu Dhabi's ADNOC Approves Multi-Billion-Dollar Hail and Ghasha Offshore Gas Project

Oct 05, 2023

Abu Dhabi-based oil and gas company ADNOC has reached the final investment decision and award of contracts for the Hail and Ghasha Offshore Development project offshore Abu Dhabi.Hail and Ghasha are part of Abu Dhabi’s Ghasha Concession which is set to produce more than 1…

Fagerland Takes the Helm as CEO of Aker Carbon Capture

Jul 11, 2023

Aker Carbon Capture announces the appointment of Egil Fagerland as its new Chief Executive Officer with effect from today, July 11, 2023. Fagerland will replace Valborg Lundegaard, who is stepping down to focus on her health and family. Fagerland…

Offshore Carbon Storage Project in Danish North Sea Receives Safety Approval from DNV

Jun 14, 2023

The offshore carbon storage project in the Danish North Sea, called Project Greensand, has received official safety approval from DNV.'The project is the first in the world to demonstrate that CO2 can be transported across national borders and stored offshore to mitigate climate change…

CNOOC Commissions China's First Offshore CCS Demonstration Project

Jun 01, 2023

CNOOC has announced the official commissioning of China's first offshore carbon capture and storage (CCS) demonstration project.The project is an auxiliary part of the Enping 15-1 oilfield development located in the Pearl River Mouth Basin, about 190 kilometers (120 miles) southwest of Hong Kong…

As Oil Output Peaks, US Gulf of Mexico Makes Room for Carbon Capture

May 01, 2023

After nearly a century, oil output in the U.S. Gulf of Mexico is heading towards its peak with new platforms providing a last hurrah as the region becomes a hot spot for burying greenhouse gases.Some companies, including Exxon Mobil Corp, have been dumping assets in the Gulf…

EU, Norway Plan Cooperation on Carbon Capture, Hydrogen, Draft Shows

Apr 21, 2023

The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe, according to a draft 'alliance' plan. The plan is set to be announced at a…

Australia Aims for More Carbon Capture Projects

Apr 18, 2023

The importance of carbon capture utilisation and storage (CCUS) to reaching net zero has been highlighted in a new Australian Government report calling for more support for the technology.The policy insights paper, “Reduce, remove and store…

Italy's Eni Involved in 5 UK Carbon Capture Projects

Apr 03, 2023

Italy's Eni said on Friday it was involved in five carbon capture projects selected by Britain in a first group of initiatives worth 20 billion pounds ($25 billion) of government funding.The British government last Thursday said it had shortlisted…

UK Shortlists BP, Equinor Low-carbon Gas Power Project for Support

Mar 31, 2023

Britain shortlisted for state support a project by BP BP.L and Equinor to build a large-scale gas power plant with carbon capture and storage (CCS), the government's latest selection round showed on Thursday.The British government has shortlisted…

Indonesia Invites Oil Firms to Set Up Carbon Capture Facilities

Mar 10, 2023

Oil and gas companies operating in Indonesia are being encouraged to install carbon capture facilities in their working areas, the Energy Ministry said on Friday.The resource-rich country, which is also one of the world's biggest greenhouse gas emitters…

Chevron, Jera in CCS MoU

Mar 08, 2023

Chevron New Energies, a division of Chevron U.S.A. Inc., and JERA Co. have signed a Memorandum of Understanding (MOU) for collaboration on carbon capture and storage (CCS) projects located in the United States and Australia. 'This MOU has the…

FACTBOX - Carbon Capture and Storage Projects Across Europe

Mar 07, 2023

Efforts to remove carbon dioxide (CO2) emissions from industry and store them underground storage have gained steam across Europe over the past few years as countries seek to meet their climate goals.The interest in carbon capture and storage…

Chevron, Talos Energy Triple Size of Planned Texas Carbon Hub

Mar 07, 2023

Oil producers Chevron Corp and Talos Energy Inc on Monday said they have tripled the size of a proposed carbon capture and storage hub for the Gulf Coast.Their joint venture, which includes Carbonvert Inc, plans to collect and bury greenhouse gases from clients in the petrochemical…

Energean and Shell Collaborate on Offshore CCS Study in Egypt

Feb 16, 2023

Oil and gas companies Energean and Shell have signed a memorandum of understanding to explore a decarbonization solution in Egypt involving Shell's LNG plant and Energean's offshore CO2 storage. The proposed partnership is addressing a major CCS feasibility challenge…

Petronas and ExxonMobil to Pursue CCS Projects in Malaysia

Jan 27, 2023

Malaysian oil and gas company Petronas said Friday it had recently signed two agreements with U.S. major ExxonMobil to jointly pursue Carbon Capture and Storage (CCS) projects in Malaysia.Petronas and ExxonMobil have committed to defining the next steps…

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