Decarbonization News

 

Eni, Fincantieri in Decarbonization Co-op

Jun 03, 2020

Italian industrial giants, energy firm Eni and shipbuilding group Fincantieri have signed a Memorandum of Understanding (MoU) to explore innovative initiatives in the field of decarbonization and circular economy, including offshore renewable technologies…

Opinion: An Industry in Crisis: Is a Green Recovery on the Horizon?

May 26, 2020

The energy industry has been known for stringent safety practices, excellent employee benefits and perks, a global network, innovation and a proactive approach to anti-bribery and corruption, but the intense media and public scrutiny it faces today is unprecedented…

Japan's JXTG to Spend $14B on Low-Carbon Transformation

May 20, 2020

JXTG Holdings Inc, Japan's biggest oil refiner, said on Wednesday it will spend 1.5 trillion yen ($14 billion) for the next three years to drive its transformation into a supplier of low-carbon energy and materials.The planned spending, mapped…

Japan's JX Nippon Taps KBR for CCS, Hydrogen Study

May 13, 2020

U.S. engineering and construction giant KBR has been awarded a contract for Carbon Capture and Sequestration works at JX Nippon's offshore oil and gas fields in South East Asia.Under a Master Service Agreement (MSA) and Feasibility Study awarded to KBR by Japan-based oil and gas company JX Nippon…

Shell, Eni Lead Oil Majors' Climate Ambitions But Still Fall Short - Investors

May 12, 2020

None of the big oil companies currently meet U.N. targets to limit global warming despite the most ambitious targets set by Royal Dutch Shell and Eni , investors managing $19 trillion said on Tuesday.The Transition Pathway Initiative (TPI),…

Saipem, CDP Sign Energy Transition Agreement

May 06, 2020

Italian energy contractor Saipem has agreed with state lender Cassa Depositi e Prestiti (CDP) to study the development of energy transition projects in Italy and abroad.In a joint statement on Wednesday, the two groups said the agreement was focused on carbon-cutting initiatives…

Technology: Greenhouse Gas Emission Capture and Storage to the Fore

May 01, 2020

Greenhouse gas emissions capture and storage may be a more practical alternative to emissions reduction for meeting the IMO’s 2050 CO2 target. Tom Mulligan reports.Shipping emits close to 1 billion tons of CO2 each year and the shipping industry…

ADNOC to Power Offshore Platforms from Shore

May 01, 2020

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi Power Corporation (ADPower) have this week jointly announced tender for they development and operation of the region’s first high-voltage, direct current (HVDC) sub-sea transmission system…

Another Partner Joins Dutch Offshore Hydrogen Project

Apr 29, 2020

Oil and gas firm Neptune Energy has informed that another partner - Eneco - has joined the PosHYdon pilot, the world’s first offshore green hydrogen project, being developed in the Dutch North Sea.PosHYdon integrates three energy systems in the Dutch North Sea: offshore wind…

Aker Solutions' Carbon-capture Tech Gets Green Light

Apr 29, 2020

Norwegian engineering company Aker Solutions has had its carbon-capture technology approved for use at Norcem's cement plant in Brevik, it said on Wednesday.Carbon capture and storage (CCS) is widely viewed as a crucial technology to achieve emission reductions from the likes of the cement industry…

Shell Sets Oil Sector's Broadest Carbon Reduction Plans

Apr 16, 2020

Royal Dutch Shell on Thursday deepened its ambition to battle climate change, setting the oil and gas sector's broadest plan to reduce greenhouse gas emissions to net-zero by 2050.The new climate goals put the Anglo-Dutch company - at least on paper - ahead of the most progressive of its rivals…

Shell's Carbon Emissions Drop in 2019 to Four-Year Low

Apr 09, 2020

Royal Dutch Shell's greenhouse gas emissions declined in 2019 to their lowest in four years, according to data provided by the energy company.At the same time, burning of unused natural gas in Shell's upstream oil and gas operations, a process known as flaring…

JOGMEC, JX, Petronas Testing CCS at Malaysian Gas Fields

Mar 25, 2020

Japan Oil, Gas and Metals National Corporation (JOGMEC) has signed an agreement with JX Nippon Oil & Gas Exploration and Petronas to study the development of high CO2 gas fields in Malaysia, utilizing Carbon Capture and Storage (CCS) technology…

Ashtead Installs CCS Monitoring System

Feb 13, 2020

Ashtead Technology, the provider of technically advanced subsea solutions, tools and systems, has completed subsea installation monitoring work to support the Northern Lights Carbon Capture Storage project (CCS) in the North Sea.The Global subsea…

UK Readies Carbon Storage Road-map

Feb 09, 2020

Heriot-Watt University researchers are to map out the UK’s best sites for carbon capture by studying the geology of depleted gas fields in the North Sea.The team led by Professor John Underhill will use data from industry regulator the Oil and Gas Authority's (OGA) National Data Repository (NDR)…

Current News

China: Shanghai Electric's New Offshore Wind Turbine Rolls Off Production Line

China: Shanghai Electric's New Offshore Wind Turbine Rolls Off Production Line

European Gas Prices Dip as Correct Previous Gains, Norwegian Flows Rise

European Gas Prices Dip as Correct Previous Gains, Norwegian Flows Rise

ION Geophysical Wraps 3D Seismic Project in Mauritania

ION Geophysical Wraps 3D Seismic Project in Mauritania

Corio, FECON Plan to Build 500MW Offshore Wind Farm in Vietnam

Corio, FECON Plan to Build 500MW Offshore Wind Farm in Vietnam

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