The Norwegian Government has announced its funding decision for the Northern Lights project, a key component of Norway’s full-scale carbon capture and storage project. Northern Lights comprises the critical transport...

By Sonali Paul MELBOURNE, Dec 7 (Reuters) – An Australian company has lined up the country’s national science agency and Japanese firms to work on a plan to capture carbon...

OSLO, Sept 24 (Reuters) – A sharp rise in the deployment of carbon capture, utilization and storage (CCUS) technology is needed globally if countries are to meet net-zero emissions targets...

By Akshat Rathi (Bloomberg) — Plentiful reserves of fossil fuels and rich seams of valuable minerals are no guarantee of national health, wealth or happiness. The “resource curse” has blighted...

By Mikael Holter (Bloomberg) –Norway’s plan for a full-scale carbon capture and storage project could end up a financial disaster, according to a new report that includes an increased cost...

A trio of oil industry majors have made a historic investment decision on a large-scale offshore carbon capture and storage project offshore Norway seen as crucial to combating climate change. Equinor,...

Norwegian energy giant Equinor and its partners Shell and Total have completed exploration drilling of a well that could serve as a reservoir for carbon storage.  The 31/5-7 Eos well...

By Mikael Holter (Bloomberg) — Three of the world’s biggest oil companies called on Norway to help maintain funding for carbon capture and storage technology that is stagnating amid concerns about whether...

The project to develop the world’s first full-scale carbon capture and storage system located on the Norwegian continental shelf (NCS) is moving along with subsidiaries of Shell and Total signing...

Norwegian oil and gas company Statoil has been assigned the task of developing a carbon storage facility offshore Norway, in what could be the world’s first storage site to receive...