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Low-Carbon Transition

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Illustration; Source: International Energy Agency (IEA)

Low-Carbon Transition

Decision time for oil & gas industry: Embrace green energy shift or keep fueling climate crisis

The International Energy Agency (IEA): The time has come for the oil and gas industry to take a firm stand during the transition era.

about 2 years ago

Low-Carbon Transition

‘Herculean effort’ needed to unleash CCUS at scale, but repurposing North Sea oil & gas infrastructure offers a boon for Europe

Xodus has unveiled a new whitepaper, which was produced in partnership with Subsea7 and designed as a tool for assessing the relative cost efficiency of carbon capture, utilization, and storage (CCUS) projects and the timeline for their viability.

about 2 years ago

Low-Carbon Transition

While pursuing more renewable power, Türkiye boosts gas production with new Black Sea platform

Türkiye believes that more oil and natural gas, especially LNG, go hand in hand with decarbonization and the buildout of green energy.

about 2 years ago

Low-Carbon Transition

Technip Energies: Global deployment of CCS needed in all sectors as ‘essential’ piece of decarbonization puzzle

Which steps need to be taken to enhance the viability of CCUS as a decarbonization tool in the energy transition arsenal?

about 2 years ago

Low-Carbon Transition

ADNOC and Santos embarking on carbon capture and storage with net zero at the heart of decarbonization quest

ADNOC has joined forces with Santos to pursue a pathway towards the potential development of a joint global carbon management platform.

about 2 years ago

Low-Carbon Transition

KCA Deutag in charge of electrification project enabling Equinor to get its first onshore powered rig

KCA Deutag’s Kenera business unit has been hired for a rig electrification project by Norway’s state-owned energy giant Equinor.

about 2 years ago

Darren Woods, ExxonMobil's CEO; Source: ExxonMobil

Low-Carbon Transition

ExxonMobil CEO: World in need of plan to address climate change alongside energy needs

ExxonMobil is taking several steps to slash its GHG footprint and its CEO believes that oil and gas industry can help the world curb emissions.

about 2 years ago

Low-Carbon Transition

Pacific leaders vow to transition away from fossil fuels but ‘loopholes and weasel words’ weaken commitment

While calling for a transition away from coal, oil & gas, Pacific leaders’ final text did not explicitly mention extraction and production.

about 2 years ago

Low-Carbon Transition

In focus: Energy and maritime plays shaping greener future to wean the world off fossil fuels

This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.

23 minutes read

Low-Carbon Transition

2017-built FPSO picked for redeployment at North Sea oil project

Jersey Oil & Gas and NEO Energy have chosen an FPSO for work on their oil development project on the UK Continental Shelf (UKCS).

about 2 years ago

Low-Carbon Transition

Sumitomo subsidiary enters UK carbon storage sector

Carbon Catalyst has entered into an agreement with Summit Energy Evolution Limited (SEEL), a wholly owned subsidiary of Sumitomo Corporation, for the farmout of a 10% interest in a North Sea carbon capture and storage (CCS) project. Carbon Catalyst announced it had reached an agreement with SEEL to

about 2 years ago

Low-Carbon Transition

Australia’s energy future and natural gas: Will turning off the taps see greener sources rise to meet supply & demand void?

Natural gas, especially LNG, is touted as the linchpin of the energy future not just in Australia but also across the globe.

about 2 years ago

Illustration; Courtesy of Center for International Environmental Law (CIEL)

Low-Carbon Transition

Report: Instead of emission silver bullet, offshore CCS rush deemed as fossil fuel extension cover-up

New report from the Center for International Environmental Law (CIEL) outlines that offshore CCS is not a solution to fossil fuel pollution.

about 2 years ago

Low-Carbon Transition

Lawsuit case against Shell directors ends with court dismissal

A lawsuit against Shell’s board of directors has been thrown out of court, preventing ClientEarth from pursuing derivative action.

about 2 years ago