The company plans for phase-one startup in late 2029 as it seeks to maximise value from chemicals project following nine-month hiatus
Europe urgently needs to bring more projects to FID, as CCS investors warn they might divert capital to faster-growing regions
Role of world’s largest carbon cap-and-trade market under scrutiny as war in Iran threatens to drive EU energy costs to unsustainable levels
A shift in perspective is needed on the carbon challenge, the success of which will determine the speed and extent of emissions cuts and how industries adapt to the new environment
This year may be a defining one for carbon capture, utilisation and storage in the US, despite the institutional uncertainty
Legislative reform in Germany sets the stage for commercial carbon capture and transport at a national level, while the UK has already seen financial close on major CCS clusters
Net zero is not the problem for the UK’s power system. The real issue is with an outdated market design in desperate need of modernisation
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
The business case for CCS is strengthening as costs decline, but deployment must accelerate to align with credible net-zero scenarios
Company warns against potential withdrawal of federal funding for emerging technology as it eyes key role for CO₂ in boosting both conventional and shale oil recovery in US
As the EU remains deadlocked over its 2040 emissions goal, the IEA has tempered its climate rhetoric, forecasting that oil and gas will continue growing over the coming decades
Policymakers must match their rhetoric with bolder action if they really want CCUS to scale up to meaningful levels
Government support, cost reductions and public trust among the prerequisites for the successful scale-up of CCUS, industry executives tell the Gastech 2025 event in Milan
Binding CO₂ injection targets for oil and gas firms are ill-defined and very unrealistic, oil major tells London CCS summit