Thursday, April 22, 2021
Carbfix plant
Shipping

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: 2931

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

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: 2143

Thursday, April 15, 2021
mol ship
Shipping

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: 4126

Friday, March 19, 2021
liquid CO2 ship
Shipping

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: 3139

Wednesday, December 16, 2020
Environment

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: 1418

Monday, December 7, 2020
Environment

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: 7467

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: 17

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: 99

Thursday, June 25, 2020
Offshore

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: 34

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: 36

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: 59

Thursday, February 15, 2018
carbon capture and storage
News

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: 16

Monday, October 2, 2017
News

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: 31

Friday, June 30, 2017
carbon capture and storage
News

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: 13