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
28 March 2024
As a gas supply shortfall looms, balancing regulatory flexibility with energy security and investor confidence will be critical
27 March 2024
Oil producers have to untangle the increasingly complicated relationship with their natural resources
26 March 2024
Strategic stocks have become as much a market management tool as a security of supply buffer, and this new tactic is likely to continue beyond the next election
25 March 2024
Low carbon intensity and sizeable projects such as Johan Castberg coming onstream in late 2024 suggest a robust outlook at least until 2030