Wednesday, October 20, 2021

Wärtsilä to Retrofit Ethylene Tanker with Pilot Carbon Capture and Storage System

Finnish technology group Wärtsilä will be working with a Norwegian shipping company to install a full-scale carbon capture and storage system on board one of the company’s existing ethylene tankers....

12 mins ago
Total Views: 64

Monday, October 11, 2021

Dedicated CO2 Carriers Ordered for Norway’s Northern Lights Carbon Capture and Storage Project

Developers behind Norway’s full-scale Northern Lights carbon capture and storage project have placed a shipbuilding order for the construction of two dedicated CO2 carriers in China. The ships are said...

October 11, 2021
Total Views: 1790

Monday, July 19, 2021

Chevron’s Carbon Capture Struggle Shows Big Oil’s Climate Hurdle

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...

July 19, 2021
Total Views: 1338

Wednesday, May 12, 2021
port of rotterdam

Netherlands Pledges $2.6 Billion Subsidy to Bury Carbon Under the Sea

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...

May 12, 2021
Total Views: 2033

Thursday, April 22, 2021
Carbfix plant

Icelandic Startup Seeks to Turn European Carbon into Rock

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...

April 22, 2021
Total Views: 2995

Tuesday, April 20, 2021
Exxon Mobil carbon capture and storage illustration

Exxon Mobil Floats Carbon Capture and Storage Project in Gulf of Mexico

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....

April 20, 2021
Total Views: 2285

Thursday, April 15, 2021
mol ship

Zero-Carbon Goal Pushes Japan to Bet On Century-Old Technology

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...

April 15, 2021
Total Views: 4172

Friday, March 19, 2021
liquid CO2 ship

MOL Invests in Liquid CO2 Shipping Line

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...

March 19, 2021
Total Views: 3253

Wednesday, December 16, 2020

Northern Lights Carbon Transport and Storage Project Gets Go-Ahead from Norway

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...

December 16, 2020
Total Views: 1438

Monday, December 7, 2020

Australian Company Launches Deep Sea Carbon Capture Project Off Australia

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...

December 7, 2020
Total Views: 7500

Thursday, September 24, 2020
oil refinery
Maritime News

IEA Says Global Climate Goals ‘Virtually Impossible’ Without Carbon Capture

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...

September 24, 2020
Total Views: 21

Tuesday, June 30, 2020
Maritime News

Norway’s $2.6 Billion Carbon Capture Bet Could Help Save the Planet

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...

June 30, 2020
Total Views: 138

Thursday, June 25, 2020

Norway’s Full-Scale Carbon Capture Project Could Become Financial Disaster, Report Warns

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...

June 25, 2020
Total Views: 44

Friday, May 15, 2020
Maritime News

‘Historic’ Investment Decision on Major Carbon Capture and Storage Project Offshore Norway

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,...

May 15, 2020
Total Views: 62

Thursday, March 5, 2020
carbon capture and storage
Maritime News

Equinor: Exploratory Carbon Storage Well Drilled in Norway

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...

March 5, 2020
Total Views: 119

Thursday, February 15, 2018
carbon capture and storage

Big Oil CEOs Appeal to Norway to Back Carbon Capture and Storage Project in North Sea

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...

February 15, 2018
Total Views: 27

Monday, October 2, 2017

World’s First Full-Scale Carbon Capture and Storage Project Progressing in Norway

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...

October 2, 2017
Total Views: 45

Friday, June 30, 2017
carbon capture and storage

Statoil to Develop Carbon Capture and Storage System Off Norway

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...

June 30, 2017
Total Views: 19