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Carbon Capture Usage & Storage

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Bernhard Schulte
Carbon Capture Usage & Storage

Bernhard Schulte orders LNG dual-fuel CO2 carrier backed by Northern Lights’ long-term charter

Germany-based shipowning company Bernhard Schulte has placed an order for its first CO2 tanker. The LNG dual-fuel newbuilding will be constructed at Dalian Shipbuilding Offshore (DSOC) and feature innovative technologies aimed at significantly reducing its carbon footprint such as wind propulsion an

about 2 years ago
Tripartite partnership pursues GHG storage acreage offshore Australia
Carbon Capture Usage & Storage

Tripartite partnership pursues GHG storage acreage offshore Australia

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DeepC Store and Azuli International have agreed to jointly pursue and acquire greenhouse gas (GHG) storage acreages in Commonwealth waters offshore Australia said to have strong potential for significant CO2 storage capacities. The two companies have jointly bid for GHG Assessment Permits released b

about 2 years ago
COP28 UAE
Carbon Capture Usage & Storage

COP28’s ‘historic package’: Writing on the wall that spells end of fossil fuel era or new opportunity for gas and LNG players?

A deep dive into the outcome of COP28 climate talks, which some see as a climate win while other perceive it to be a backdoor for more gas and LNG projects.

15 minutes read
SSE Thermal becomes joint owner of Kellas’ blue hydrogen project in Teesside
Carbon Capture Usage & Storage

SSE Thermal becomes joint owner of Kellas’ blue hydrogen project in Teesside

SSE Thermal, an operator of energy storage assets, has acquired a 50% stake in H2NorthEast, a blue hydrogen project being developed by Aberdeen-based energy infrastructure company Kellas Midstream in Teesside, UK. By acquiring a 50% stake, SSE Thermal has become a joint owner of the project. Through

about 2 years ago
Large-scale Dutch CO2 storage project passes to next phase
Carbon Capture Usage & Storage

Large-scale Dutch CO2 storage project passes to next phase

Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS have progressed their large-scale CO2 storage project offshore the Netherlands to the next phase. L10CCS, to be connected to the Aramis CO2 transport and storage initiative in the Dutch part of the North Sea, has entere

about 2 years ago
Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs, President and CEO of QatarEnergy; Source: QatarEnergy
Carbon Capture Usage & Storage

While advocating stronger cooperation, QatarEnergy CEO calls for ‘realistic and scientifically based’ energy transition pathway

QatarEnergy’s CEO has urged Arab countries to bolster their cooperation efforts in the evolving energy landscape to address the energy transition challenges.

about 2 years ago
Polish firm closer to becoming the operator of only Barents Sea CO2 exploration license
Carbon Capture Usage & Storage

Polish firm closer to becoming the operator of only Barents Sea CO2 exploration license

Horisont Energi and PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, have signed a sales and purchase agreement (SPA) under which PUN acquires a 50% participating interest in the only CO2 exploration license in the Barents Sea and is willing to take over the operator role. Under the SPA, P

about 2 years ago
António Guterres, UN Secretary-General; Credit: UNFCCC/Kiara Worth
Carbon Capture Usage & Storage

COP28: Will a magic wand sweep away oil, gas, and LNG in favor of green agenda?

As a battle over fossil fuel language continues to rage, the pressure is not letting up on demands to phase out fossil fuels.

12 minutes read
Illustration; Source: The International Energy Agency (IEA)
Carbon Capture Usage & Storage

COP28’s impact on LNG spree: Will decarbonization moves throw oil & gas players off their game?

Will the anticipated global build-out of liquefied natural gas (LNG) projects continue or will many of these projects come to an abrupt end?

15 minutes read
Microsoft joins Northern Lights CCS project
Carbon Capture Usage & Storage

Microsoft to back Northern Lights CCS project

The Northern Lights Joint Venture and SLB have signed a memorandum of understanding (MoU) with Microsoft to optimize integrated cloud-based workflows for the operation of Northern Lights, one of the first CO2 transport and storage providers for cross-border carbon capture and storage (CCS). In the i

about 2 years ago
Northern Lights CCS project grabs a slice of EU's Connecting Europe Facility funding
Carbon Capture Usage & Storage

Northern Lights CCS project grabs a slice of EU funding

The European Commission (EC) has awarded €131 million for the Northern Lights carbon capture and storage (CCS) project under its Connecting Europe Facility (CEF) funding scheme. A total of eight cross-border energy infrastructure projects are getting a part of the EU funds. EU Member States have end

about 2 years ago
Illustration; Source: Yinson Production
Carbon Capture Usage & Storage

Yinson invests in carbon capture technology firm to curb emissions from FPSO ops

Yinson Production has made a move to slash its carbon footprint by making a strategic investment in Ionada.

about 2 years ago
FPSO Prosperity working at ExxonMobil's third oil project on the Stabroek Block offshore Guyana; Source: ExxonMobil
Carbon Capture Usage & Storage

ExxonMobil, Chevron set sights on more oil & gas along with low-carbon and new energies

ExxonMobil and Chevron have disclosed their capital investment expectations, encompassing oil and gas plays along with emission-reduction solutions.

about 2 years ago
CCS awards flurry of AIPs at Marintec for homegrown ammonia/methanol engines, and ship designs
Carbon Capture Usage & Storage

CCS awards flurry of AIPs at Marintec for homegrown ammonia/methanol engines, and ship designs

China Classification Society (CCS) has awarded dozens of Approvals in Principle (AIP) at this year’s China International Maritime Exhibition (Marintec China). The exhibition is one of the most authoritative B2B platforms for the international maritime industry and it has seen numerous business deals

about 2 years ago