Tagged With Tom Young
Technology the answer for oil sands’ net-zero goals
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
Chevron expands Bayou Bend CCS project
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
Australia debates use of offsets
3 March 2023
Reform of scheme to cut industry emissions will see new rules on the use of both domestic and international offsets
EU ETS reaches record highs
28 February 2023
Utility hedging and a tighter supply-demand balance are boosting prices, but falls still expected later in year
Solvent research to improve CCS methods
16 February 2023
Research into technologies to prevent degradation of solvents will help de-risk carbon capture
EU ETS revisions close to becoming law
10 February 2023
Final shape of the law endorsed by European Parliament with only EU Council endorsement remaining
Offsets standards body refutes media’s Redd+ claims
1 February 2023
Studies underpinning recent reports are flawed, according to technical review published by Verra
CCUS expansion gaining momentum – IDTechex
30 January 2023
Capacity will reach 1.8gt/yr of CO₂ by 2043, according to modelling by research agency
UK must provide more clarity on CCUS
20 January 2023
Potential projects need more precise information on timing and finance if they are to progress, say MPs and industry experts
Brazil’s carbon markets to grow under Lula
12 January 2023
Incoming president faces a series of decisions on legacy legislation that could provide impetus for domestic ETS and offset markets
Gorgon injected a third of carbon dioxide last year
23 December 2022
Chevron-operated project injected just 1.65mn t of the 5mn t it produced
8 Rivers charts low-carbon path
22 December 2022
Firm sees DAC as an increasingly important technology in the transition
RWE to work with Viking CCS network
21 December 2022
Development partnership will see two firms work together to capture CO₂ from two CCGTs in the Humber region
Eni and Snam to develop Ravenna CCS project
20 December 2022
First phase involves capture of carbon dioxide emitted from Eni's natural gas treatment plant in Casalborsetti
EU reaches agreement on ETS revision
19 December 2022
New scheme for transport and buildings paired with tighter cap in existing system
Coal use increases, but investment lags
16 December 2022
High levels of demand are not translating into greenfield investments due to climate policies
Shell to test new CCS technology
15 December 2022
Tests will be carried on industrial flue-gas sources from Equinor’s refinery at Mongstad
RepowerEU financing agreed
14 December 2022
Innovation Fund will supply €12bn, with €8bn coming from early auctions of ETS allowances
EU agrees carbon border tariffs
13 December 2022
Carbon border adjustment mechanism will begin test period in 2023 and phase in slowly over course of the decade
OGCI members cut emissions
9 December 2022
Big oil and gas firms are making progress on carbon intensity and methane emissions
Woodside to work with Baker Hughes on low-carbon solutions
9 December 2022
Firms will collaborate on hydrogen, CCS and offshore technology projects across various regions
OECD nations lead on CCUS regulation
7 December 2022
Storage site inspections and measurement, monitoring and verification are vital for oversight of sector, says IEA
India needs CCS ramp-up to reach net zero
6 December 2022
Thinktank Niti Aayog says nation needs to capture and store 750mn t/yr of CO₂ to hit 2070 target
Rio Tinto to offset over 5pc of 2030 emissions goal
2 December 2022
The mining company will develop 1mn t of in-house emissions offsets through projects on its existing land
EU reaches deal to include shipping in ETS
30 November 2022
Provisional agreement is still subject to an overall deal on the ETS revision in late December.
Essar Oil to build CCS at Stanlow
30 November 2022
Carbon dioxide will be permanently sequestered into depleted gas fields under the sea in Liverpool Bay as part of the Hynet cluster
EU must clarify CO₂ removal rules
29 November 2022
Carbon removals proposal must prioritise emissions cuts and differentiate between short-term and long-term storage, according to NGOs
Countries must stop coal approvals to reach net zero – IEA
28 November 2022
Transition is complicated in countries with high coal dependency because of remaining lifetimes of plants and expense of gas
UK urged to deliver on CCS infrastructure
24 November 2022
The government must make good on plans to support CO₂ pipeline transport and offshore geological storage infrastructure development for its track-one CCS clusters, thinktank says
Cop27 yields new deal on loss and damage
21 November 2022
Progress made on loss and damage and on carbon markets, but not on emissions reductions
EU agrees to loss-and-damage fund
18 November 2022
The bloc makes negotiating concession as it looks to tie loss-and-damage fund to mitigation
US to issue further methane regulation
11 November 2022
EPA says new rules will reduce an estimated 36mn t of methane emissions between 2023-35
8 Rivers and JX Nippon to work on CCS technology
10 November 2022
Firms intend to develop a gas calibration programme, aiming to burn previously unusable natural gas
Data software can help evaluate emissions
7 November 2022
Rockwell Automation offers a predictive emissions monitoring service that can help give firms a real-time overview of their emissions
EU energy sector CO₂ emissions start to fall
4 November 2022
Decline follows more than 12 months of rising year-on-year figures due to low nuclear output and increasing demand
Global headwinds for Cop27 climate talks
2 November 2022
High inflation and interest rates will hamper project development, but progress is still being made in key areas, says Energy Transitions Commission
EU to launch €3bn CCS funding round
1 November 2022
Money will come from the Innovation Fund, which has already provided €1.5bn in support to 11 carbon-capture projects
EU road transport to be zero-emission by 2035
31 October 2022
New legislation will phase out diesel and petrol vehicles over next 12 years
Blackstone digs deeper on transition
28 October 2022
Private equity division Blackstone Energy Partners is looking to finance critical energy infrastructure assets
Energy sector carbon emissions to peak in 2025 – IEA
27 October 2022
New policies in the EU, the US and China will cause emissions to peak this decade, the first time this has been forecast in an IEA Steps scenario
Global GHG cuts still well short of 2°C goal – UNFCCC
26 October 2022
Synthesis reports shows that, even after the latest round of NDC updates, signatories to the Paris Agreement are not cutting emissions fast enough
No new oil and gas to meet 1.5°C
24 October 2022
Report from IISD says new hydrocarbon investments are not compatible with 1.5°C carbon budgets
Firms still lag on net-zero targets
18 October 2022
Analysis by South Pole suggests major companies are still failing to set net-zero goals
Climate change threatens energy assets
17 October 2022
More than 70pc of installed capacity is sited in regions that will face extreme heat and more tropical cyclones in future
Floating offshore wind capacity doubles in 2022
13 October 2022
Sector is likely to continue to gain momentum as costs fall
International aviation agrees net-zero goal
10 October 2022
Sector now covered by long-term target for first time, but criticism remains over how it is to be achieved
Low-carbon spending ratio must quadruple – BNEF
7 October 2022
Expenditure must increase dramatically in comparison with cash going to fossil fuels if nations are to meet goals of the Paris Agreement
EU ETS revenues will come from frontloading
6 October 2022
Initial Commission proposal to sell allowances from Market Stability Reserve rejected by both EU Parliament and Council
Chevron looks to reduce CCS costs
3 October 2022
The US oil major is investing in capture-technology startups and testing in San Joaquin Valley
Fortescue to eliminate fossil fuel use by 2030
20 September 2022
Resources firm will spend $6.2bn on developing technologies to help eliminate the use of coal, diesel and natural gas from its supply chain by 2030
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