Decarbonization
A DNV report on decarbonization says the Middle East and North Africa region is expected to become the world’s largest hydrogen exporter by 2060 while maintaining a dominant position in global oil and gas markets.
A final investment decision is also expected by the end of the year for the company’s first low-carbon data center project.
The North Sea Transition Authority has updated its UKCS Well Applications and Consents Guidance to include the process for applying for consent to drill carbon-storage wells.
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A surge in permit applications for long-term carbon storage sites reflects where industrially produced carbon dioxide can be harvested, and where the necessary pipelines are.
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The captured carbon dioxide will be permanently sequestered in the Cameron Parish CO2 Hub to be located offshore Louisiana.
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Paving the way for collaboration, the fourth edition of the SPE Symposium on CCUS management witnessed groundbreaking discussions on innovative strategies and initiatives that accelerate the deployment of CCS and CCUS projects in the region.
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Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.
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New York-based BlackRock will put more than half a billion dollars into Occidental's first direct air capture project, which is now 30% completed.
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In the US, localized opposition and regulatory uncertainty are threatening to kill or severely limit the use of carbon capture, use, and storage (CCUS) in the fight against climate change.
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In this paper, the authors evaluate the simultaneous optimization of CO2 storage and oil recovery using multiple injection strategies.
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As money pours into the space, questions arise about whether the method of removing carbon from the atmosphere is the best investment.
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An increased focus on energy security and the effects of progressive policies and gridlock in decarbonization technology are a few of the key takeaways in DNV’s 2023 Energy Transition Outlook.
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ADNOC's Ruwais LNG to be one of the first all-electric-LNG facilities in the Middle East.