Tagged With Stuart Penson
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids
24 April 2025
Liverpool Bay project on track for 2028 startup as Italian energy company reaches financial close with government for CO₂ transport and storage network
8 April 2025
STRATOS project in Texas granted Class IV permits despite deep uncertainty over Trump administration’s readiness to support carbon management tech
28 March 2025
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
4 March 2025
Rising power demand has boosted the prospects for CCS as some more established transition technologies come under pressure
18 February 2025
Demand for CCS to abate new gas-fired plants is rising as datacentres seek low-carbon power, Frederik Majkut, SVP of industrial decarbonisation, tells Carbon Economist
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
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
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
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
30 October 2024
Occidental subsidiary signs agreement with Enterprise Products Partners for pipelines and transport services for Bluebonnet hub
4 October 2024
Boost for CCUS and blue hydrogen projects as government confirms funding for HyNet and East Coast clusters
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
17 September 2024
North Sea storage facility verified as safe to proceed after successful pilot phase
29 August 2024
Use of captured carbon to make synthetic fuels merits more attention from investors and policymakers
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
29 July 2024
Project with world’s largest ammonia producer brings US oil major’s third-party CCS portfolio to 5.5mt/yr
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
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
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
21 June 2024
Wintershall Dea and Equinor target CO₂ onshore injections by end of decade as push to expand European storage capacity gathers pace
18 June 2024
Oslo-based joint venture officially launches as SLB closes deal to buy 80% of Norway’s Aker Carbon Capture
18 June 2024
State-backed energy firm agrees with French TSO GRTgaz to develop links into Norwegian CO₂ storage
11 June 2024
Phase one of project will capture CO₂ from Aramco gas plant facilities near Jubail on Saudi Arabia’s east coast
6 June 2024
EnEarth subsidiary aims to develop low-carbon hub around Prinos storage site in Aegean Sea off northern Greece
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
3 June 2024
State energy company Pertamina collaborates with Korea National Oil Corporation and ExxonMobil on CCS value chain
28 May 2024
The US government has joined an increasingly desperate global push to restore confidence in the voluntary carbon market
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
21 May 2024
Europe’s largest steelmaker starts up project at Ghent site as it pursues CCS as third pillar of decarbonisation strategy
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
7 May 2024
Policymakers should consider backing enhanced weathering as a CDR technique with benefits to the agricultural sector
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
23 April 2024
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies
8 April 2024
Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology
4 April 2024
EET’s $2.4b plan to decarbonise major refinery in northwest England hits key milestone with CO₂ pipeline approval
4 April 2024
EET’s $2.4b plan to decarbonise major refinery in northwest England hits key milestone with CO₂ pipeline approval
2 April 2024
US firm’s deal with Aker Carbon Capture could be catalyst for growth in a sector hampered by high costs
28 March 2024
US company aims to accelerate deployment of new technologies offered by Norwegian pureplay CCS firm
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
26 March 2024
Largest investment to date will support emission reduction projects across multiple sectors including refining, steel and cement
19 March 2024
Commodity trading companies are set for a key role in shaping green supply chains and providing carbon market liquidity
15 March 2024
Oil major explores potential expansion of Canadian project as investment in CCS gathers pace
5 March 2024
Offset integrity issues and low prices are undermining markets’ potential to drive low-carbon investment
29 February 2024
Deployment of clean energy technology is gathering pace, but the transition is way behind where it needs to be
29 February 2024
Deployment of clean energy technology is gathering pace, but the transition is way behind where it needs to be
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
