UK's Oil & Gas Authority on Wednesday submitted a revised strategy for laying before the UK Parliament featuring for the first time an obligation on the oil and gas industry to support the UK’s net-zero target.'The revised Strategy reflects the ongoing global energy transition…
Equinor has awarded key contracts for the Northern Lights carbon capture and storage project in Norway to Aker Solutions. The contract awards come just days after the Norwegian Government announced its funding decision for the Northern Lights project…
SJI, a Folsom, New Jersey-based energy services holding company has entered a partnership with offshore wind developer Atlantic Shores ƶijϻ Wind to collaborate on a green hydrogen pilot program.The collaboration will research, monitor, and…
The North Sea could be switched from a depleting oil and gas basin to a site for storing carbon dioxide under the seabed, Total CEO Patrick Pouyanne said on Tuesday.The French oil firm is one of the partners in the Northern Lights project, which…
The Norwegian Government on Tuesday today announced its funding decision for the Northern Lights CO2 transport and storage project, led by Equinor, Shell, and Total.The three oil companies made a conditional investment decision on the Northern Lights CO2 transport and storage project in May 2020…
The coronavirus pandemic may be accelerating a shift among companies worldwide to make their operations more environmentally sustainable, a high-ranking official at Norway's $1.25 trillion sovereign wealth fund said on Monday.The fund is one of the world's largest investors…
Oil major Exxon Mobil Corp said on Monday it planned to reduce its greenhouse gas emissions over the next five years, as investors and climate change campaigners ratchet up the pressure for action to limit global warming.The move comes after…
Hydrogen has taken off this year as the future green fuel of choice, with governments and businesses betting big that the universe's most abundant element can help fight climate change.More than $150 billion worth of green hydrogen projects have been announced globally in the past nine months…
Oil and gas company Neptune Energy on Thursday launched a feasibility study into plans for a large-scale offshore Carbon Capture and Storage (CCS) project in the Dutch North Sea, with the potential to safely store 120-150 million tonnes of CO2…
The UK Government has tasked the ƶijϻ Renewable Energy (ORE) Catapult and the Workboat Association (WA) with the development of a Technology Roadmap, outlining a route to the decarbonization of North Sea offshore wind operations and maintenance (O&M) vessels…
Italian oil giant Eni, and oilfield services provider Saipem, both working to diversify their businesses traditionally heavily linked to the oil and gas industry, have signed a deal to work together on the identification and engineering of decarbonization initiatives and projects in Italy…
An Australian company has lined up the country's national science agency and Japanese firms to work on a plan to capture carbon dioxide, and liquefy and transport it to a site offshore Australia to be injected under the seabed.The push comes…
Old offshore oil wells could be turned into geothermal energy producers under a plan by a new consortium.The group, The Aquarius North Sea Geothermal Consortium, is “actively” working with North Sea operators to see if old wells could be used to generate geothermal energy for existing platforms…
Aker Carbon Capture and MAN Energy Solutions have entered into technology cooperation to develop energy-efficient compression solutions for carbon capture and storage (CCS) applications with heat recovery. 'The agreement supports the companies’…
Global carbon capture and storage capacity grew by a third in the past year, but it was far too slow to meet global climate targets, the Global CCS Institute said on Tuesday.Globally, there were 26 commercial CCS facilities in operation able…