Decarbonization News


ExxonMobil Joins Scottish Carbon Capture and Storage Project

Jul 16, 2021

U.S. oil major ExxonMobil has agreed to take part in the Scottish carbon capture project that's designed to store carbon from onshore industrial plants under the North Sea seabed.The project, named Acorn carbon capture and storage project (CCS) in Scotland…

8 Rivers Capital, Sembcorp Energy to Build Net-Zero Emissions Plant in UK

Jul 13, 2021

U.S. clean technology firm 8 Rivers Capital and Sembcorp Energy UK, a subsidiary of Singapore-based Sembcorp Industries, plan to build a net-zero emissions power plant in Teesside in northeast England, the firms said on Tuesday.The 300-megawatt project…

Decarbonizing Offshore Drilling: FUELSAVE Pens Deal with Seadrill

Jul 13, 2021

Germany-based 'cleantech' provider FUELSAVE has signed a contract with offshore drilling company Seadrill to deploy its advanced combustion conditioning technology on Seadrill's drillship.The technology promises to reduce primary fuel oil consumption and cut Co2 and GHG emissions from the rig…

Shell to Join Clean Hydrogen Project in Norway

Jul 13, 2021

Shell will join a project in Norway to produce hydrogen from natural gas while capturing the emissions, Aker Clean Hydrogen (ACH) said on Monday.Countries across Europe are looking at ways to produce emissions-free hydrogen to help reduce carbon emissions and avert global warming…

Aker Launches Carbon Capture as a Service Offering

Jul 12, 2021

Norwegian company Aker Carbon Capture (ACC) said on Monday it would launch a service offering the removal of carbon dioxide (CO2) from industrial processes and its subsequent storage.The company, previously a division of oil services company Aker Solutions…

UK: INEOS Backs Acorn Carbon Capture and Storage Project

Jul 09, 2021

Chemicals giant INEOS said on Friday it will work with the Acorn carbon capture and storage project to help develop Scotland's first carbon capture storage system.Some scientists say the technology to capture and store carbon dioxide (CO2) emissions…

Exxon Lobbyist Duped by Greenpeace Says Climate Policy was a Ploy

Jul 01, 2021

A lobbyist for Exxon Mobil Corp said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted, according to an interview aired on Wednesday.Britain's Channel 4…

NOV Joins Cerulean's Giant Floating Wind Project in UK as Delivery Partner

Jun 30, 2021

Low-carbon infrastructure developer Cerulean Winds has named NOV as the first of its delivery partners for the fabrication of its proposed integrated 200-turbine floating wind and hydrogen development off the coast of Scotland.As previously reported…

Shell Takes Technical Developer Role at Acorn CCS Project

Jun 29, 2021

Oil and gas major Shell is taking the role of Technical Developer for the Acorn Carbon Capture and Storage (CCS) Project in Scotland, the partners in the project said Tuesday.The carbon capture and storage project in the UK, run by Storegga…

Chevron: No Plans to Shrink Oil & Gas Business

Jun 25, 2021

U.S. oil major Chevron Corp has no plans to shrink its oil and gas business for wind and solar energy unlike some rivals, Chief Financial Officer Pierre Breber said on Thursday, amid pressure from shareholders to lower carbon emissions.Major…

RWE CEO: Gov'ts, Energy Firms Must Cooperate on Green Targets

Jun 23, 2021

Governments and private sector energy companies must work together to drive acceptance of energy transition targets, the chief executive of German utility RWE said on Tuesday, warning that behavior changes will be a hard sell.In a panel discussion…

Greener Oil or Green Industry? Gridlock Puts Norway in a Bind

Jun 23, 2021

Norway’s oil and gas industry is counting on renewable power from hydro plants to cut emissions from its offshore platforms but rival demand from the green economy is putting a spanner in the works.The decision to keep investing in new oil and…

Baker Hughes CEO Calls for Regulatory Incentives on Emissions

Jun 23, 2021

U.S. energy services firm Baker Hughes Co on Tuesday said regulatory frameworks are needed to help spur the growth of energy transition technologies, such as hydrogen, as its top executive called on regulators to create incentives to reduce emissions…

DNV, Neptune Studying if Offshore Pipelines Can Be Reused for CO2 Transport

Jun 22, 2021

Neptune Energy has awarded DNV a contract for the carbon capture and storage (CCS) pipeline materials study which will assess the fracture and suitability of offshore pipelines for reuse in CO2 transport.The pipeline materials analysis is part…

UTC: The Race to the Lowest Emission Barrel

Jun 16, 2021

Operators have called for greater certification and ‘provenance’ of oil and gas production and encourage competition when it comes to lowest emission barrels as they position their businesses to align with the energy transition.Speaking at the…

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