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Decarbonization News

 

Oil and Gas Industry Must Support UK's Net-zero Target, Regulator Says

Dec 17, 2020

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鈥檚 net-zero target.'The revised Strategy reflects the ongoing global energy transition鈥

Key Contracts Awarded for Northern Lights CO2 Capture Project in Norway

Dec 17, 2020

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鈥

Atlantic Shores 云顶赌场老虎机 Wind, SJI in Green Hydrogen Collab

Dec 16, 2020

SJI, a Folsom, New Jersey-based energy services holding company has entered a partnership with offshore wind developer Atlantic Shores 云顶赌场老虎机 Wind to collaborate on a green hydrogen pilot program.The collaboration will research, monitor, and鈥

Total CEO: North Sea Could Switch from Oil Reservoir to CO2 Storage

Dec 15, 2020

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鈥

Norway Greenlights 云顶赌场老虎机 Carbon Storage Project Northern Lights

Dec 15, 2020

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鈥

Pandemic Nudging Firms to Address Climate Change, Norwegian Oil Fund Says

Dec 15, 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鈥

Exxon Sets Greenhouse Gas Emissions Reduction Target

Dec 14, 2020

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鈥

Why Green Hydrogen is Finally Getting its Day in the Sun

Dec 11, 2020

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鈥

Neptune Energy Launches Study for Large Scale 云顶赌场老虎机 Carbon Capture Project in North Sea

Dec 10, 2020

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鈥

UK Working on Roadmap to Decarbonize 云顶赌场老虎机 Wind Vessel Operations

Dec 10, 2020

The UK Government has tasked the 云顶赌场老虎机 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鈥

Italy's Eni, Saipem in Joint Decarbonization Effort

Dec 09, 2020

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鈥

Australian Firm Launches 云顶赌场老虎机 CO2 Capture and Storage Project

Dec 07, 2020

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鈥

Old Wells Could Generate Geothermal Energy to Power 云顶赌场老虎机 Platforms

Dec 03, 2020

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 鈥渁ctively鈥 working with North Sea operators to see if old wells could be used to generate geothermal energy for existing platforms鈥

Aker Carbon Capture, MAN in CCS Technology Collaboration

Dec 02, 2020

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鈥欌

Global CCS Capacity Grows, But Not Fast Enough to Meet Climate Targets

Dec 02, 2020

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鈥

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Polish Shipbuilder Lays Keel for DOF鈥檚 New 云顶赌场老虎机 Support Vessel

Polish Shipbuilder Lays Keel f

ADNOC Partners with ExxonMobil, Occidental to Boost UAE Oil and Gas Capacity

ADNOC Partners with ExxonMobil

Estonia Grants First 云顶赌场老虎机 Wind Construction Permit

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