Advantage set up CCS JV Entropy in 2021
Advantage secures heavyweight CCS backing
New partnership for Canadian producer’s carbon-capture JV aims to drive further expansion
Advantage Energy has taken one of the more of radical and ambitious approaches among Canadian oil and gas producers to prepare for the global energy transition. The Calgary-based company, in partnership with process engineering firm Allardyce Bower Consulting, established a modular carbon capture and storage (MCCS) joint venture (JV), called Entropy, in March 2021. Its goal is to become a global leader in the design, development and construction of MCCS post-combustion technology for a wide range of industrial emitters—including oil and gas processors, LNG facilities, power generators, and cement and steel plants. And Entropy appears to be making good progress: at the end of March, it receiv
Also in this section
19 December 2024
The utility-scale battery energy storage system market is evolving rapidly, with diverse offtake models emerging to offer bespoke, flexible contracting solutions
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
