Decarbonization News

 

UK Gov't to Support Two CCUS Clusters. Scottish Cluster Left as 'Reserve'

Oct 20, 2021

The UK Government has selected two industrial clusters as Track-1 clusters for the development of carbon capture utilization and storage projects, putting them on course for launch by the mid-2020s with financial support from the government…

Factbox: UK's Key Pledges in Net Zero Plan

Oct 19, 2021

The British government on Tuesday published a Net Zero Strategy aimed at ending the country's contribution to climate change.Here are some of the key pledges and policies set out in the document:PowerAim: to fully decarbonise the power system…

UK Sets Out Net Zero Strategy. Plans to Install 40 GW Offshore Wind Power by 2030

Oct 19, 2021

British Prime Minister Boris Johnson on Tuesday set out his ambition for a green revolution that he hopes will force Western economies to kick their addiction to fossil fuels.Britain at the end of the month hosts the COP26 U.N. climate talks in Glasgow…

UK’s Offshore Oil and Gas Emissions Dropped 10% in 2020, OGUK Says

Oct 19, 2021

Emissions from the UK’s offshore oil and gas industry fell by the equivalent of 1.8 million tonnes of CO2 in 2020, a 10% reduction, industry association OGUK said Tuesday.OGUK has estimated that estimates that emissions from the production, transport…

Talos Energy, TechnipFMC Working on CCS Solutions for U.S. Market

Oct 19, 2021

U.S.-based oil and gas company Talos Energy has partnered up with oilfield services firm TechnipFMC to develop and deliver technical and commercial solutions to Carbon Capture and Storage ('CCS') projects along the United States Gulf Coast.'The…

UK Rolls Out Green Energy Carpet for Global Investors

Oct 19, 2021

Britain said it had attracted nearly 10 billion pounds ($13.72 billion) from global investors to fund its green regeneration agenda, as it hosted an investment summit involving 200 of the world's top financiers and executives.The summit marks post-Brexit Britain's biggest push to woo investors…

Wave Energy Firm Opens Aberdeen Office to Meet Demand from Oil & Gas Industry

Oct 19, 2021

Wave energy firm Mocean Energy said Tuesday it has opened a new dedicated office in Aberdeen to meet rising oil and gas industry interest in the decarbonization of North Sea assets.The Edinburgh-based firm is working to develop a wave energy…

UK Fossil Fuel Dilemma in the Spotlight as Climate Talks Near

Oct 19, 2021

Britain faces a fossil fuel dilemma: it can burnish its green credentials by halting new oil and gas development in the North Sea, yet doing so will leave it more reliant on imported fuel.How Britain charts a course to achieve net-zero emissions…

Maersk Drilling to Provide Rigs for Danish Carbon Storage Project

Oct 14, 2021

Danish drilling contactor Maersk Drilling has been selected as the preferred supplier of drilling rig services for the Greensand offshore carbon storage project offshore Denmark.The framework agreement for drilling rig services has been signed with the Nini Joint Venture…

Offshore Drilling Firm Transocean Sets Emissions Reduction Target

Oct 12, 2021

Offshore drilling firm Transocean has committed to reducing operating Scope 1 and Scope 2 greenhouse gas emissions intensity by 40% from 2019 levels by 2030.“Globally, almost one billion people lack access to electricity, and all of us desire…

Chevron Eyes Net Zero Operational Emissions by 2050

Oct 11, 2021

Chevron Corp on Monday set a target to cut operational emissions to net zero by 2050, joining a list of energy companies taking steps to reduce their carbon footprint.The move to cut upstream emissions from its own operations and indirect emissions…

Dalian Shipbuilding Industry Co. to Build Two CO2 Carriers for Norwegian Northern Lights Project

Oct 11, 2021

Chinese shipbuilder Dalian Shipbuilding Industry Co. has won a contract to build two CO2 carriers for Northern Lights, a Norwegian carbon capture and storage project.Under the contract awarded by the Northern Lights JV, owned equally by Equinor…

GlobalData: Woodside's Acquisition of BHP's Oil Business 'Complicates' ESG Narrative

Oct 08, 2021

Woodside's recent acquisition of BHP's oil and gas business is making its ESG narrative complicated, energy intelligence firm GlobalData said, as BHP's assets it has acquired will boost Woodside's oil production and ultimately lead to a more carbon-intensive product base over the near term…

Wood to Support Horisont Energi's Barents Blue Project

Oct 06, 2021

Horisont Energi, a low-carbon technology company based in Norway, has signed a framework agreement with Wood, a major global consulting and engineering firm.As Horisont Energi continues to mature projects in clean ammonia and hydrogen, Wood…

ExxonMobil Adds Ethylene Plant to Acorn Carbon Capture Mix

Oct 06, 2021

U.S. oil major ExxonMobil has signed an Expression of Interest to capture, transport, and store CO2 from its Fife Ethylene Plant, as part of the proposed Acorn carbon capture project in Scotland.The Acorn carbon capture project is designed to…

Current News

Enauta Gets Nod for New Atlanta Field Plan. Concession Extension Granted, Too

Enauta Gets Nod for New Atlanta Field Plan. Concession Extension Granted, Too

UK Picks Offshore Wind Champion. Opens $200M Floating Wind Fund for Expressions of Interest

UK Picks Offshore Wind Champion. Opens $200M Floating Wind Fund for Expressions of Interest

Trillion Books Uranus Jack-up Rig for Drilling in Turkish Black Sea

Trillion Books Uranus Jack-up Rig for Drilling in Turkish Black Sea

Norway's April Oil Output Lags Forecasts by 10.6%

Norway's April Oil Output Lags Forecasts by 10.6%

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