Tagged With Stuart Penson
4 December 2023
CCUS is under the spotlight at COP28 in Dubai as policymakers increasingly look to tap its potential to tackle hard-to-abate emissions
28 November 2023
European Commission earmarks cross-border projects for funding and fast-tracks carbon management strategy as pressure grows to kickstart CCS sector
27 November 2023
Shipment of CO₂ from Dutch ammonia plant to Norwegian storage site will require bilateral agreement at government level
21 November 2023
Strategic alliance includes potential development of CO₂ shipping and transportation infrastructure network in the region
15 November 2023
DOE offers $98m to CO₂ storage project centred on oil major’s largest refinery
14 November 2023
German independent expands UK CCS portfolio with purchase of 10% stake in Southern North Sea project from Carbon Catalyst
8 November 2023
World’s largest fund manager forms joint venture with Occidental to drive forward Texas project
31 October 2023
Europe’s CCUS sector needs the German government to deliver on its promise of an ambitious carbon management strategy
25 October 2023
Head of terms agreement for HyNet North West cluster paves way for world’s first asset-based regulated CCS business
18 October 2023
Netherlands’ first major storage project sees costs more than double after two-year delay
4 October 2023
Successful trials prove reliability of system using waste heat to reduce power consumption, says Centre for Solar Energy and Hydrogen Research Baden-Wuerttemberg
4 October 2023
Companies jointly fund preliminary engineering study of first megaton-scale DAC facility outside US
3 October 2023
The IEA has tempered recent optimism over CCUS with a downbeat assessment of the technology’s role in achieving net zero
22 September 2023
A flurry of interest in direct air capture signals a key role for the technology in the push for net zero
21 September 2023
Technology company says its latest technologies can achieve 30–50% cost reductions at the capture stage
20 September 2023
Curbing emissions globally by using international carbon market mechanisms reduces the cost of mitigation, Andrea Bonzanni, international policy director at the IETA, tells Carbon Economist
15 September 2023
Shell, Eni and independent operator Enquest dominate list of new licences as UK ramps up offshore storage push
13 September 2023
Online retailer prebooks credits to be generated by 1PointFive’s Stratos project in Ector County
6 September 2023
Project is one of MENA region’s largest and will triple Emirati firm’s CO₂ storage capacity
29 August 2023
Buildout of infrastructure over next decade needed to keep pace with rapid growth of country’s CCS sector
22 August 2023
Netherlands’ flagship CCS project targets 2026 start up after legal challenge derails original construction timetable
16 August 2023
US oil company agrees to acquire Canadian developer in move to accelerate cost reductions and deployment of direct air capture technology
16 August 2023
German independent oil and gas firm secures licence to develop storage in Camelot area of North Sea in breakthrough for its growing carbon management business
15 August 2023
Second-round tender put on hold amid uncertainty over Danish state’s shareholding in future licences
11 August 2023
Climeworks and Occidental subsidiary 1PointFive among developers set for talks with US Department of Energy over first tranche of funding for large-scale projects
9 August 2023
Open access terminal in northwest England would receive CO₂ shipped in from multiple locations
3 August 2023
Scotland-based consulting and engineering firm to support oil major’s global energy transition projects under new three-year deal
3 August 2023
Scotland-based consulting and engineering firm to support oil major’s global energy transition projects under new three-year deal
2 August 2023
Strategic agreement includes evaluation of first megaton direct air capture project outside US
21 July 2023
Acquisition of Texas-based independent gives oil major largest US CO₂ pipeline network and ten onshore storage sites
18 July 2023
Oil companies invest in Los Angeles-based Avnos to help commercialise novel technology by end of 2025
18 July 2023
Houston-based midstream oil company signals commitment to transition with purchase of CCS developer
13 July 2023
Saudi company signs MOU with Norwegian technology supplier Aker Carbon Capture to assess potential for deployment across range of industries
11 July 2023
Companies have near-term ambitions to bring online 37 storage sites by 2035, according to industry survey by Crown Estates
11 July 2023
Texas-based firm forms partnerships to develop 300mn t of new CO₂ storage capacity in southeastern Louisiana
4 July 2023
Two companies sign MoU to work together on reducing costs and accelerating rollout of projects
4 July 2023
Government set to include Dac and Beccs in national emissions trading scheme as part of package of reforms
3 July 2023
Non-profit group launches rulebook for companies claiming climate progress on the back of purchased offsets
13 June 2023
Storage infrastructure targets and coordinated project funding among proposals as European Commission warns on slow pace of development
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
2 June 2023
Oil major sees CCS for third parties as a ‘compelling’ business as latest contract takes total portfolio to 5mn t/yr
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
23 May 2023
Company plans £4bn investment in new plants in southern US, evaluates nine other sites and opens Houston Beccs headquarters
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
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
3 May 2023
Australian oil and gas producer says MoUs with potential customers imply higher demand for storage at projects in East Timor
