Air Liquide, Chevron, Keppel Infrastructure, and PetroChina1 announced they have signed a memorandum of understanding to form a consortium which will aim to evaluate and advance the development of large-scale carbon capture, utilization, and sequestration (CCUS) solutions and integrated infrastructure in Singapore. The consortium intends to research, test, and develop technological, logistical, and operational solutions for CCUS in Singapore. In […]

Chevron Corporation, through its affiliate Chevron Australia Pty Ltd, is part of three joint ventures that have been granted an interest in three greenhouse gas assessment permits offshore Australia. The blocks, including two in the Carnarvon Basin off the north-western coast of Western Australia and one in the Bonaparte Basin offshore Northern Territory, total more than 31,500 km2 or nearly 7.8 million acres – an […]

Equinor and Wintershall Dea have agreed to pursue the development of an extensive Carbon Capture and Storage (CCS) value chain connecting continental European CO2 emitters to offshore storage sites on the Norwegian Continental Shelf. Comprehensive CCS project that connects Germany and Norway CO2 transportation from continental Europe and storage on the Norwegian Continental Shelf Estimated pipeline […]

Gabon is preparing to create 187 million carbon credits, of which 90 million will be sold on the offset market before the United Nations Conference on Climate Change (COP 27), scheduled for next November in Egypt , announced the Gabonese Minister of the Environment, Lee White  according to New Gabon. “The carbon credits will probably […]

The two companies have agreed to develop a major infrastructure project for transporting captured CO2 from emitters to safe storage sites in the North Sea, connecting Belgium to Norway. The project is in the feasibility stage, with an investment decision expected by 2025. Carbon capture, transport and storage (CCS) is essential for achieving significant CO2 emission reductions. […]

A subsidiary of Malaysia’s energy giant Petronas has awarded Abu Dhabi’s National Petroleum Construction Company the FEED contract for an offshore Carbon Capture and Storage project at the Kasawari gas field off Sarawak, Malaysia. This is rated as one of the world’s largest offshore CCS projects. National Petroleum Construction Co. – this is its first project […]

Equinor has been awarded the operatorships for the development of the CO2 storages Smeaheia in the North Sea and Polaris in the Barents Sea. The two licenses are important building blocks for developing the Norwegian continental shelf into a leading province for CO2 storage in Europe. On Tuesday 05 April, the Ministry of Petroleum and Energy announced […]

ExxonMobil has made a final investment decision to expand carbon capture and storage at its LaBarge, Wyoming, facility, which has captured more CO2 than any other facility in the world to date. The expansion project will capture up to 1.2 million metric tons of CO2, in addition to the 6-7 million metric tons captured at LaBarge […]

The quest to reduce greenhouse emission in Nigeria through carbon capture, storage and usage CCUS has recently received financial backing from the World Bank and its subsidiary, the International Finance Corporation (IFC). The global financial giants have mapped out strategic plan to support Nigeria in setting up a local market for the capture, use and […]

Karoon Energy said it has entered into a long term, fixed price agreement with Shell to purchase credits to offset carbon emissions at the Baúna-Patola development in the Santos Basin, offshore Brazil. KaroonPetróleo e GásLtda, a wholly-owned subsidiary of Karoon Energy, has entered into an agreement with Shell Western Supply and Trading Limited (SWST) to […]