CCUS

The UK’s largest landowner, Crown Estate Scotland (CES), recently engaged with industry developers about future development of subsurface carbon storage in UK waters.

The question of how US government incentives for sequestering captured CO2 can work alongside the utilisation of captured CO2 in end markets is being examined in a new bill introduced by two US senators.

Oil and gas firms Chevron USA and Talos Energy have acquired just under 100,000 acres of land in Chambers and Jefferson Counties, Texas to majorly expand the Bayou Bend carbon capture and sequestration (CCS) project.

Aker is ready to deliver two turnkey Carbon Capture utlisation and storage units (CCUS) to Norway and the Netherlands.

1PointFive has leased 55,000-acres of land along the Texas Gulf Coast develop a carbon capture and sequestration hub.

The upside for oil and gas companies investing in the transition starts to materialise when more than 40% of their total portfolios are low carbon, according to new McKinsey research.

A Norwegian company that removes harmful carbon dioxide (CO2) emissions from the atmosphere has received NOK 36.3m ($3.5m) in governmental backing to develop an industrial-scale pilot.

Oil and gas firm bp has teamed up with CarbonFree to develop a number of carbon capture and utilisation projects at industrial sites.

Petrobras injected a record 10.6m MT of carbon capture, utilisation and storage (CCUS) in 2022.

Global construction materials company CEMEX has signed a ‘ground-breaking’ agreement with European green fuels specialist ETFuels to develop a carbon utilisation project that aims to decarbonise the notoriously CO2-intensive cement production industry.