Tagged With Stuart Penson
Letter on carbon: Five factors to watch in 2025
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
Saudi Jubail CCS hub advances with equity deal
5 December 2024
Completion of phase-one construction expected in 2027 as technology providers SLB and Linde take equity stakes in one of world’s largest CCS projects
Energean finds its sweet spot
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
Energean finds its sweet spot
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
1PointFive lines up carbon network for Texas sequestration hub
30 October 2024
Occidental subsidiary signs agreement with Enterprise Products Partners for pipelines and transport services for Bluebonnet hub
UK backs low-carbon hubs with $28b funding pledge
4 October 2024
Boost for CCUS and blue hydrogen projects as government confirms funding for HyNet and East Coast clusters
Northern Lights nears start up as facilities in place
26 September 2024
Norway claims world lead in commercial CO₂ transport and storage as project developed by TotalEnergies, Shell and Equinor stands ready to start injections in 2025
Danish Greensand project set to advance
17 September 2024
North Sea storage facility verified as safe to proceed after successful pilot phase
Letter on carbon: Use it or store it?
29 August 2024
Use of captured carbon to make synthetic fuels merits more attention from investors and policymakers
Letter on carbon: Power struggle
30 July 2024
Electricity demand is growing at its fastest rate for 17 years as the energy transition struggles to keep pace with its own renewable power needs
ExxonMobil agrees second CCS deal with CF Industries
29 July 2024
Project with world’s largest ammonia producer brings US oil major’s third-party CCS portfolio to 5.5mt/yr
Scientists claim CCS research platform can bridge ‘valley of death’
18 July 2024
Platform developed at Scottish university uses advanced simulations and machine learning to find most cost-effective and sustainable combinations of materials for use in carbon capture
Air Liquide to supply liquid carbon dioxide tech to Stockholm BECCS
18 July 2024
Stockholm Exergi agrees to one of world’s largest deployments of CO₂ liquefication technology to enable transport of emissions captured from biomass power plant
SLB sees competing forces shaping global CCS sector
9 July 2024
Recent headwinds have cooled the US market, while growth in Asia accelerates as robust policies kick in, Damien Gerard, vice-president of CCS at global technology company SLB, tells Carbon Economist
Denmark grants first exploration licences for onshore storage
21 June 2024
Wintershall Dea and Equinor target CO₂ onshore injections by end of decade as push to expand European storage capacity gathers pace
SLB–Aker venture targets global market with disruptive tech
18 June 2024
Oslo-based joint venture officially launches as SLB closes deal to buy 80% of Norway’s Aker Carbon Capture
Equinor agrees project to tap Dunkirk emissions
18 June 2024
State-backed energy firm agrees with French TSO GRTgaz to develop links into Norwegian CO₂ storage
Wood completes FEED scope for Saudi AACS project
11 June 2024
Phase one of project will capture CO₂ from Aramco gas plant facilities near Jubail on Saudi Arabia’s east coast
Energean forms new unit for Mediterranean CCS push
6 June 2024
EnEarth subsidiary aims to develop low-carbon hub around Prinos storage site in Aegean Sea off northern Greece
German cabinet backs CCS strategy
4 June 2024
Germany moves a step closer to large-scale deployment with federal cabinet’s adoption of carbon management strategy and draft law changes
Indonesia strengthens CCS ties with South Korea
3 June 2024
State energy company Pertamina collaborates with Korea National Oil Corporation and ExxonMobil on CCS value chain
Letter on carbon: Credit risk
28 May 2024
The US government has joined an increasingly desperate global push to restore confidence in the voluntary carbon market
EU needs ’extraordinary effort’ to meet CCS goals
21 May 2024
Denmark and the Netherlands stand out as CCS champions but too many other member states have yet to recognise the importance of the technology, warns lobby group CCS Europe
ArcelorMittal launches carbon capture pilot at Belgian complex
21 May 2024
Europe’s largest steelmaker starts up project at Ghent site as it pursues CCS as third pillar of decarbonisation strategy
Climeworks fires up Mammoth DAC plant
10 May 2024
Launch of project powered by geothermal energy in Iceland marks step forward in push to scale up expensive direct-air-capture technology
Letter on carbon: Weathering the CO₂ storm
7 May 2024
Policymakers should consider backing enhanced weathering as a CDR technique with benefits to the agricultural sector
No rapid buildout seen for CCS in China
25 April 2024
Carbon capture rates forecast to rise steadily from end of decade, but policy tools to drive large-scale deployment have yet to take shape, according to DNV
Letter on carbon: Free movement
23 April 2024
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
Voluntary carbon market defies the odds
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
Carbon markets alone will not deliver CCS at scale
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies
Chevron invests in carbon capture tech firm
8 April 2024
Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology
Stanlow offers blueprint for low-carbon refining
4 April 2024
EET’s $2.4b plan to decarbonise major refinery in northwest England hits key milestone with CO₂ pipeline approval
Stanlow offers blueprint for low-carbon refining
4 April 2024
EET’s $2.4b plan to decarbonise major refinery in northwest England hits key milestone with CO₂ pipeline approval
Letter on carbon: SLB’s early-stage tech play
2 April 2024
US firm’s deal with Aker Carbon Capture could be catalyst for growth in a sector hampered by high costs
SLB buys majority of Aker Carbon Capture for $380m
28 March 2024
US company aims to accelerate deployment of new technologies offered by Norwegian pureplay CCS firm
UK poised for surge in CCS investment
26 March 2024
Country has Europe’s largest CO₂ storage potential but regulatory and policy issues must be resolved to enable growth, says Offshore Energies UK
US offers record $6b funding to hard-to-abate sectors
26 March 2024
Largest investment to date will support emission reduction projects across multiple sectors including refining, steel and cement
Letter from London: Trading the transition
19 March 2024
Commodity trading companies are set for a key role in shaping green supply chains and providing carbon market liquidity
Shell eyes 75% capacity boost at Quest CCS
15 March 2024
Oil major explores potential expansion of Canadian project as investment in CCS gathers pace
Letter on carbon: Can carbon markets deliver?
5 March 2024
Offset integrity issues and low prices are undermining markets’ potential to drive low-carbon investment
Letter from London: Just do the transition
29 February 2024
Deployment of clean energy technology is gathering pace, but the transition is way behind where it needs to be
Letter from London: Just do the transition
29 February 2024
Deployment of clean energy technology is gathering pace, but the transition is way behind where it needs to be
Germany throws its weight behind CCS
27 February 2024
Government proposes support for deployment in hard-to-abate sectors and commits to ratify key London Protocol amendment under long-awaited carbon management strategy
German energy firms power up UK CCS push
22 February 2024
Uniper and RWE advance multiple projects to deploy CCS at new and existing gas-fired power plants
EU carbon taxes driving away investment – INEOS CEO
20 February 2024
Carbon costs imposed by EU on chemicals sector are unsustainable, INEOS CEO and founder Jim Ratcliffe warns commission president
Indonesia eyes carbon imports from Singapore
20 February 2024
Countries work together on cross-border projects as Indonesia positions itself as Asian storage hub
Heidelberg advances Alberta CCUS project
19 February 2024
Cement producer awards FEED contract for large-scale project but stresses need to finalise federal and provincial funding
US warns against Asian coal power expansions
13 February 2024
Plans to add 500GW of coal-fired capacity could undo progress on emissions in US and Europe, climate envoy John Kerry tells IEA forum
US backs CCS tech projects with $304m
12 February 2024
Government selects four large-scale projects spanning power, refining and paper sectors to receive funding to pilot transformational technologies
DAC takes centre stage in EU carbon strategy
7 February 2024
Carbon removal technology instrumental in meeting 2040 and 2050 emissions targets, European Commission says
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