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Low-Carbon Transition

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COP28 UAE
Low-Carbon Transition

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
Large-scale Dutch CO2 storage project passes to next phase
Low-Carbon Transition
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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
Low-Carbon Transition

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
Low-Carbon Transition

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
Low-Carbon Transition

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)
Low-Carbon Transition

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
Northern Lights CCS project grabs a slice of EU's Connecting Europe Facility funding
Low-Carbon Transition

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
Low-Carbon Transition

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
Stena DrillMAX drillship; Source: Stena Drilling
Low-Carbon Transition

Stena rig becomes first drillship to don DNV’s notation for emission reduction

Stena Drilling has welcomed the award of DNV’s Abate (P) notation, which now adorns one of its drillships.

about 2 years ago
FPSO Prosperity working at ExxonMobil's third oil project on the Stabroek Block offshore Guyana; Source: ExxonMobil
Low-Carbon Transition

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
Dr. Sultan Ahmed Al-Jaber, UAE Minister of Industry, CEO of ADNOC, and COP28 President; Source: COP28
Low-Carbon Transition

COP28: Reconciling great expectations with reality in a highly polarized world

A deep dive into COP28 and the clash between those calling for a phase-out of fossil fuels and the ones lobbying to keep oil, gas, and coal firmly entrenched in the energy mix.

13 minutes read
Illustration; Source: TotalEnergies
Low-Carbon Transition

TotalEnergies, Petrobras, SOCAR, and Sonangol join forces to curb methane footprint

TotalEnergies has inked cooperation agreements with three oil and gas companies to carry out methane detection and measurement campaigns.

about 2 years ago
DNV names head of CCUS
Low-Carbon Transition

DNV names head of CCUS unit

DNV has appointed the head of its Carbon Capture, Utilization, and Storage (CCUS) unit as a response to the technology’s growth. DNV announced on December 6 the appointment of Jamie Burrows as head of its Energy Systems business area’s CCUS unit – a move that underscores DNV’s commitment to CCUS as

about 2 years ago
Northern Lights carbon storage and transport project in Norway; Source: Northern Lights JV
Low-Carbon Transition

As Northern Lights examines its value chain’s CO2 footprint, Ørsted starts construction of carbon capture facilities

A study has been conducted to assess the estimated carbon footprint of the Northern Lights project’s CO2 transport and storage value chain.

about 2 years ago