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CNOOC, Shell and ExxonMobil sign Memorandum of Understanding to evaluate the potential for 10-million-ton CCUS project 27 July 2022

On June 27, CNOOC, Guangdong Provincial Development and Reform Commission, Shell and ExxonMobil jointly signed the Daya Bay Area CCUS Cluster Research Project Memorandum of Understanding to evaluate the potential for China's first large-scale CCS/CCUS cluster research project at sea....

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Record clean energy spending is set to help global energy investment grow by 8% in 2022 04 July 2022

Global energy investment is set to increase by 8% in 2022 to reach $2.4 trillion (£1.98tn), with the anticipated rise coming mainly in clean energy, according to a new report by the International Energy Agency (IEA). Although encouraging, the growth investment is still far from enough to tackle the multiple dimensions of today’s energy crisis and pave the way towards a cleaner and more secure energy future, the IEA says....

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New tool to maximise UK infrastructure repurposing 27 June 2022

The UK’s North Sea Transition Authority (NSTA) has developed a new screening tool to help maximise the repurposing of oil and gas infrastructure for energy transition projects....

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Tata Chemicals Europe opens UK's largest carbon capture plant 24 June 2022

Tata Chemicals Europe (TCE) officially opened the UK’s first industrial scale carbon capture and usage plant on June 24. The £20 million plant has been completed by Northwich-based Tata Chemicals Europe, one of Europe's leading producers of sodium carbonate, salt and sodium bicarbonate....

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South Korea’s LG Chem to build hydrogen plant 24 June 2022

South Korean chemical giant LG Chem has announced plans to produce hydrogen as a key component of its long-term 2050 Net Zero corporate sustainability goal. The company said it would establish a plant in the city of Daesan with the capacity to produce 50,000 tons of hydrogen annually by the second quarter in 2024....

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