Decarbonization News


Aker Launches Carbon Capture as a Service Offering

Jul 12, 2021

Norwegian company Aker Carbon Capture (ACC) said on Monday it would launch a service offering the removal of carbon dioxide (CO2) from industrial processes and its subsequent storage.The company, previously a division of oil services company Aker Solutions…

UK: INEOS Backs Acorn Carbon Capture and Storage Project

Jul 09, 2021

Chemicals giant INEOS said on Friday it will work with the Acorn carbon capture and storage project to help develop Scotland's first carbon capture storage system.Some scientists say the technology to capture and store carbon dioxide (CO2) emissions…

Exxon Lobbyist Duped by Greenpeace Says Climate Policy was a Ploy

Jul 01, 2021

A lobbyist for Exxon Mobil Corp said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted, according to an interview aired on Wednesday.Britain's Channel 4…

NOV Joins Cerulean's Giant Floating Wind Project in UK as Delivery Partner

Jun 30, 2021

Low-carbon infrastructure developer Cerulean Winds has named NOV as the first of its delivery partners for the fabrication of its proposed integrated 200-turbine floating wind and hydrogen development off the coast of Scotland.As previously reported…

Shell Takes Technical Developer Role at Acorn CCS Project

Jun 29, 2021

Oil and gas major Shell is taking the role of Technical Developer for the Acorn Carbon Capture and Storage (CCS) Project in Scotland, the partners in the project said Tuesday.The carbon capture and storage project in the UK, run by Storegga…

Chevron: No Plans to Shrink Oil & Gas Business

Jun 25, 2021

U.S. oil major Chevron Corp has no plans to shrink its oil and gas business for wind and solar energy unlike some rivals, Chief Financial Officer Pierre Breber said on Thursday, amid pressure from shareholders to lower carbon emissions.Major…

RWE CEO: Gov'ts, Energy Firms Must Cooperate on Green Targets

Jun 23, 2021

Governments and private sector energy companies must work together to drive acceptance of energy transition targets, the chief executive of German utility RWE said on Tuesday, warning that behavior changes will be a hard sell.In a panel discussion…

Greener Oil or Green Industry? Gridlock Puts Norway in a Bind

Jun 23, 2021

Norway’s oil and gas industry is counting on renewable power from hydro plants to cut emissions from its offshore platforms but rival demand from the green economy is putting a spanner in the works.The decision to keep investing in new oil and…

Baker Hughes CEO Calls for Regulatory Incentives on Emissions

Jun 23, 2021

U.S. energy services firm Baker Hughes Co on Tuesday said regulatory frameworks are needed to help spur the growth of energy transition technologies, such as hydrogen, as its top executive called on regulators to create incentives to reduce emissions…

DNV, Neptune Studying if Offshore Pipelines Can Be Reused for CO2 Transport

Jun 22, 2021

Neptune Energy has awarded DNV a contract for the carbon capture and storage (CCS) pipeline materials study which will assess the fracture and suitability of offshore pipelines for reuse in CO2 transport.The pipeline materials analysis is part…

UTC: The Race to the Lowest Emission Barrel

Jun 16, 2021

Operators have called for greater certification and ‘provenance’ of oil and gas production and encourage competition when it comes to lowest emission barrels as they position their businesses to align with the energy transition.Speaking at the…

UTC: Norwegian Activity – and Focus on Emissions – Increasing

Jun 16, 2021

Activity on the Norwegian Continental Shelf (NCS) is going to be high in the next few years, but views on the longer-term outlook differ as the balancing act over demand for energy and a need to reduce emissions – at an ever greater pace – is played out…

Australia Tells Companies to Nominate Acreage for Offshore Carbon Storage

Jun 16, 2021

Australia asked companies on Wednesday to nominate offshore acreage they want to explore for places to bury carbon dioxide, part of a government drive to promote carbon capture and storage (CCS) to help cut emissions.'The coalition government…

Contract Extension: Wood to Keep Supporting Equinor's Offshore Assets in Norway

Jun 16, 2021

Engineering firm Wood has secured an extension of its existing framework agreement with the Norwegian oil and gas giant Equinor. Wood will continue to support Equinor's offshore assets on the Norwegian Continental Shelf as part of the agreement…

Lundin Energy Sells 'Carbon neutral' Oil to South Korea's GS Caltex

Jun 16, 2021

Lundin Energy has sold an oil cargo certified as carbon neutral at the point of production to South Korean refiner GS Caltex in the first such sale of crude from Norway's Johan Sverdrup field, the Swedish company said on Wednesday.Oil companies…

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