By Stephen Stapczynski (Bloomberg) — The world’s biggest project to capture and store carbon dioxide isn’t working like it should, highlighting the challenges oil companies face in tackling their greenhouse gas...
By Will Mathis and Akshat Rathi (Bloomberg) — The Dutch government has told a consortium of companies including Royal Dutch Shell Plc and Exxon Mobil Corp. that it will spend as...
By Ragnhildur Sigurdardottir (Bloomberg) — European polluters will soon be able to ship their carbon emissions to Iceland to be turned into stone in the volcanic island’s bedrock. Icelandic startup Carbfix...
By Jennifer Hiller HOUSTON, April 19 (Reuters) – Exxon Mobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from U.S....
By Erica Yokoyama and Tsuyoshi Inajima (Bloomberg) — Some of the biggest industrial companies in Japan are working on a project that could trigger a wave of investment into one of...
Japanese shipping group Mitsui O.S.K. Lines (MOL) is betting on the future of carbon capture and storage with an investment in a company specializing in liquid CO2 transportation. Norway-based Larvik...
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...
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