Articles
9 June 2023
Paradigm shift by governments and other stakeholders needed to bring down costs and unlock investment in key carbon removal technology, says Boston Consulting Group
6 June 2023
Government expects to budget more than €10bn for subsidy programme in response to US IRA
2 June 2023
Oil major sees CCS for third parties as a ‘compelling’ business as latest contract takes total portfolio to 5mn t/yr
1 June 2023
The appointment of the UAE’s Sultan Ahmed al-Jaber as Cop president has drawn criticism from some quarters, but progress on the energy transition will require cooperation, not conflict
31 May 2023
CCUS is one of the key tools for decarbonising the energy system, but governments and industry must act now to accelerate its deployment at scale
30 May 2023
Spending on voluntary offsets by UK companies could equate to 8.5pc of 2022 gross profits by 2050, consultancy says
30 May 2023
Growing list of offtake deals shows large corporations are ready to invest in expensive engineered carbon dioxide removal to support their net-zero goals
24 May 2023
Cutting emissions of the potent greenhouse gas is beneficial not just for the climate but also for companies’ bottom lines and their social licences to operate
23 May 2023
Company plans £4bn investment in new plants in southern US, evaluates nine other sites and opens Houston Beccs headquarters
22 May 2023
Tackling both the energy security crisis and the climate crisis means clean energy push must be secure and affordable
19 May 2023
The American Carbon Registry launches methodology for tradeable offsets generated from plugging abandoned wells in the US
19 May 2023
First licence round sees 12 developers secure rights to appraise storage sites with potential to hold 10pc of UK’s annual emissions
16 May 2023
Joint project aims to develop production of sustainable fuels by combining direct air capture and green hydrogen
16 May 2023
Orsted places €200mn order with Aker Carbon Capture and seals large offtake deal with Microsoft as state aid opens way for CCS at bioenergy plants
10 May 2023
Many projects look attractive on paper but come with multiple risks for financiers and developers, say speakers at Washington forum
9 May 2023
The six Canadian producers of the Pathways Alliance look to employ technical innovation and energy efficiency to reach scope one and two targets, says group president Kendall Dilling
9 May 2023
Corporate buyers including UBS and Swiss Re commit to buy carbon dioxide removals in boost for emerging sector
5 May 2023
Industry poised to invest heavily on the back of attractive CCUS economics in gas processing and other sectors, US Department of Energy says in new report
4 May 2023
The US needs critical minerals for the energy transition, but its strategy for securing supplies should not mirror its approach to fossil fuels
3 May 2023
Australian oil and gas producer says MoUs with potential customers imply higher demand for storage at projects in East Timor
2 May 2023
Government may not broaden scope of world’s largest cap-and-trade scheme until 2024 or later
2 May 2023
Enhanced oil recovery could recycle carbon to sustain North Sea oil production while renewables are scaling up
27 April 2023
German oil and gas company actively screening potential offshore sites in both countries
25 April 2023
Partnership’s offering includes use of digital twin technology to model full chain of a CCS system, the companies tell Carbon Economist
25 April 2023
Canadian DAC firm has received backing from the aviation sector and is accelerating deployment of its technology through a partnership with Occidental subsidiary 1PointFive, CEO Daniel Friedmann tells Carbon Economist
21 April 2023
Project pipeline implies only a quarter of capacity needed by 2030, IEA says
20 April 2023
Ability to attract ESG capital will become key differentiator for energy companies as the transition advances
20 April 2023
Swiss company targets proposed hubs in Louisiana, California and Northern Great Plains under DoE funding programme
18 April 2023
The first stage of its Salcos decarbonisation programme is due to start operations by end-2025
18 April 2023
Growth of carbon removal and capture sectors creates need for functioning international market linking emitters and storage providers
14 April 2023
JP Morgan, Autodesk, Workday and H&M commit to purchasing combined $100mn of carbon removals via the Frontier initiative by 2030
12 April 2023
Company plans 2028 commissioning for project sited next to its coal power plant in the port of Rotterdam
12 April 2023
The project is a ‘leading contender’ for track two sequencing and could take FID by next year
12 April 2023
The project will capture CO₂ from the Lengfurt cement plant in Germany and process it for use in the manufacturing, chemicals and food industries
6 April 2023
The Japanese firm will also co-invest in new efuels facilities and supply captured carbon dioxide
6 April 2023
Government in talks with Germany-based cement maker over proposed project to make Edmonton plant carbon neutral
5 April 2023
Independent oil and gas firm targets European emitters after securing Norwegian storage exploration licence
4 April 2023
The oil major will deposit up to 2.2mn t/yr from the planned $1.8bn facility in Texas
4 April 2023
Policy incentives and rising carbon prices embolden developers as hub model gains traction, IEA says
31 March 2023
Two field tests of solid amine sorbent-based DAC systems are currently underway in an effort to increase efficiency and lower costs
31 March 2023
Conference participants voice concerns over public perception and difficulties integrating carbon instruments into broad investment portfolios
30 March 2023
Government consults on measures to tackle carbon leakage as it ramps up domestic decarbonisation efforts
29 March 2023
Support currently only available to projects in Alberta and Saskatchewan to be extended as part of C$520mn package of policy enhancements
29 March 2023
Associated British Ports and developers of Sizewell C seek permission to build heat-assisted DAC demonstrator
28 March 2023
Project to take emissions from waste-to-energy plant could pave way for creation of country’s first CCS rail corridor
27 March 2023
Australian mining company and major Chinese steelmaker agree to develop projects to demonstrate several technologies
27 March 2023
EU’s Cbam model likely to be replicated as national emission reduction schemes move at different speeds, global trading companies say
24 March 2023
Companies agree to develop applications of Svante’s novel technology for gas-fired power plants
23 March 2023
Companies urge government to prioritise rapid scale-up of technology and infrastructure in forthcoming national carbon management strategy
22 March 2023
Direct air capture could be significant provider of CO₂ feedstock, oil major says in climate-focused future energy scenario
21 March 2023
Major biomass power generator says £2bn project cannot proceed without clarity on UK government support for technology
21 March 2023
European oil major agrees to work with CNPC as Chinese state company seeks international partnerships to grow deployment of CCUS
20 March 2023
Commodities trader aims to generate carbon credits for use in voluntary and compliance markets via new investment vehicle
17 March 2023
Oil major pushes back on shareholder demands amid easing ESG pressures on industry
16 March 2023
Package of regulatory proposals sets 2030 storage target as EU jostles for position in global green technology race
16 March 2023
Government developing new strategy on CCS and other carbon management tools as energy sector emissions continued to rise last year
16 March 2023
Government commitment reassures investors and paves way for first two industrial clusters
15 March 2023
CBAM expected to have significant long-term impact on trade with EU, warns speaker at country’s annual parliamentary session
13 March 2023
Canadian engineering company hired by Marquis Energy to develop largest Beccs system in the state
10 March 2023
Oil major projects annual cost of $1.5bn in 2032 as governments develop emissions regulations
9 March 2023
Project on US Gulf Coast will be expanded to have storage capacity for 1bn t CO₂ as part of firm’s wider CCS ambitions
8 March 2023
The Danish pilot project has captured CO₂ at an Ineos facility in Belgium and shipped it to Esbjerg for injection into a depleted oilfield in the North Sea
8 March 2023
State energy firms are pinning hopes on the technology to retain long-term competitiveness
6 March 2023
Performance of first commercial-scale project spurs global interest in Canadian company’s modular CCS solution, CEO Mike Belenkie tells Carbon Economist
3 March 2023
Engineering companies form partnership to de-risk CCS projects with digital twin technology
3 March 2023
Reform of scheme to cut industry emissions will see new rules on the use of both domestic and international offsets
2 March 2023
Bluebonnet hub on Gulf Coast will offer industrial emitters access to shared CCS infrastructure
1 March 2023
Multibillion dollar onshore development expected to enter Feed stage by end-2023, Nogaholding chief executive says
1 March 2023
Uncertainty over integrity of offsets has weighed on prices since the start of the year, brokers tells Carbon Economist
28 February 2023
Utility hedging and a tighter supply-demand balance are boosting prices, but falls still expected later in year
27 February 2023
Newly created division will deliver projects including low-carbon hydrogen, biofuels and CCS, with bulk of investments aimed at the UK’s Stanlow refinery, Indian conglomerate says
27 February 2023
Cash for large-scale pilot and demonstration projects aimed at decarbonising power generation and hard-to-abate industries
24 February 2023
German independent oil and gas company evaluating multiple CCS projects but returns will not initially match E&P, COO Dawn Summers tells Carbon Economist
22 February 2023
Scotland-based firm to work on engineering and design of 400km line linking oil sands facilities to storage hub near Cold Lake
22 February 2023
RWE signals backing for Noordkaap project with intent to ship carbon dioxide from power plant in Netherlands
21 February 2023
US technology company signs MoU to use calcination process initially developed to abate cement industry emissions
21 February 2023
Investor alliance must reconcile push for decarbonisation with responsibility to maximise returns for clients
17 February 2023
Ethane cracker plant at port of Antwerp to use hydrogen generated as a byproduct of its own ethylene production
16 February 2023
Research into technologies to prevent degradation of solvents will help de-risk carbon capture
16 February 2023
Companies agree to study feasibility of carbon dioxide storage in depleted reservoir in Abu Qir offshore gas concession
16 February 2023
Norway-based company hires first US representative as Inflation Reduction Act fires up North American market
15 February 2023
Commercial plants yet to launch but growing pipeline of projects could deliver tenfold increase in capacity by 2027
14 February 2023
The group, which includes Brookfield Renewable and Southern California Gas Company, plans to develop capture and storage network across California
13 February 2023
Pathways Alliance has put CCS at the heart of its net-zero strategy as it aims to achieve meaningful reductions in emissions from oil sands by 2030, alliance president Kendall Dilling tells Carbon Economist
10 February 2023
Bulk of A$38mn commitment aimed at SLB-led project to identify CCS opportunities offshore Western Australia
10 February 2023
Exchange traded volumes rising as voluntary carbon market matures, CBL’s parent company Xpansiv tells Carbon Economist
10 February 2023
Final shape of the law endorsed by European Parliament with only EU Council endorsement remaining
9 February 2023
Two governments sign MoU allowing UAE to develop forestry-based projects in the African country
9 February 2023
Investment in CCS is a ‘permit to operate’ for oil and gas companies but not a profitable business model in the near term, says CEO Patrick Pouyanne
7 February 2023
Oil and gas major revises down scope three targets as it plans slower reductions in oil and gas production to 2030
7 February 2023
A recent trend towards offset crediting at a jurisdictional level is raising funds at a much larger scale than traditional project-based programmes
7 February 2023
TotalEnergies, Wintershall Dea and Ineos secure first exclusive licences to explore potential offshore storage sites
3 February 2023
Surplus offsets in voluntary carbon market could depress prices to 2050 and deter investment in more expensive removal methods, says BloombergNEF
2 February 2023
Norwegian state-owned company walks away from ammonia and associated CCS projects after cooperation agreement expires
2 February 2023
Chemicals company contracts Norway’s Aker Carbon Capture for feasibility study of project to deploy two capture facilities
2 February 2023
Centrica joint venture outlines plan to convert two Irish Sea gas fields into storage hub with potential to develop blue hydrogen cluster
1 February 2023
UN-convened alliance of financial institutions demands focus on carbon mitigation rather than removal
1 February 2023
Studies underpinning recent reports are flawed, according to technical review published by Verra
31 January 2023
India and China lead CCUS deployment under optimistic emissions reduction scenarios set out by oil major
31 January 2023
Agreement adds to growing list of carbon-capture alliances forged by Malaysian oil and gas company
