Carbon capture companies find themselves in an odd position. They exist because of the threat of climate change, a problem created largely by fossil fuels. At the same time, the firms that extract and […]
BloombergNEF‘s latest report on the G-20 Zero-Carbon Policy Scoreboard reveals sluggish progress in the UK’s decarbonisation efforts over the past year. Despite being among the top performers, the UK’s overall score dropped to 63%, down […]
Safety concerns are at the heart of opposition to a proposed carbon dioxide pipeline in central Illinois, which would connect an ethanol plant to a proposed sequestration site about six miles away. The pipeline […]
SLB (NYSE: SLB) today announced an agreement to combine its carbon capture business with Aker Carbon Capture (ACC) to support accelerated industrial decarbonization at scale. Bringing together complementary technology portfolios, leading process design expertise and […]
TotalEnergies E&P USA Inc. has agreed to acquire Talos Low Carbon Solutions LLC—Talos Energy Inc.’s entire carbon capture and sequestration (CCS) business—for a combined total of about $148 million, the companies said in separate releases […]
EuropeOffshore Saipem Italian offshore engineering and construction giant Saipem has signed a letter of intent for the installation of offshore pipelines on the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power) projects. […]
Daily Standup Top Stories Biden’s scaled-back power rule raises doubts over US climate target March 6, 2024 Stu Turley March 5 (Reuters) – The Biden administration’s decision to exclude the existing U.S. fleet of natural gas […]
March 5 (Reuters) – The Biden administration’s decision to exclude the existing U.S. fleet of natural gas power plants from upcoming carbon emissions regulations raises questions over the nation’s ability to meet its climate goals, […]
Many people in high-income nations (and few in lower-income nations) are concerned about emissions of greenhouse gases (GHGs), particularly carbon dioxide (CO2), and their effects on climate. Behind the media furore and polarized sniping, there […]
As it stands, we’re not on the path to net-zero emissions by 2050, Exxon Mobil CEO Darren Woods said. And maybe that’s not Big Oil’s fault. “The dirty secret nobody talks about is how much all this […]
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