UK high court rejects legal challenge to North Sea oil and gas
The claimants intend to appeal the decision, which allows the Oil and Gas Authority to pursue exploration without considering tax…
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Scottish CCS clusters receive £80m boost to funding bid
Devolved government hopes to advance construction of Acorn CCS plant in Scotland.
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WA’s natural gas industry paying “minimal” royalties, report finds
An Australia Institute report has called for an increase in tax on gas fields in the state, and for greater…
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China to release oil reserves to curb rising prices
The nation joins the likes of Japan, South Korea, and India as it pitches in to the US plan to…
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US oil industry anticipated to boom, despite Biden’s climate push
Government body predictions show the industry is set for a record year after pandemic lows, challenging climate ambitions.
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Shell enters partnership with Malaysia for CCS exploration
The collaboration comes as part of Malaysian oil firm Petronas’ business plan to achieve net- zero emissions by 2050.
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Neptune Energy to develop ‘digital twins’, accelerating North Sea CCS project
The group is harnessing digital tools to improve efficiency at its operations, as well as lay the groundwork for its…
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A new hub for CCS: the UK’s abandoned oil wells
A new consortium is pushing for Britain’s decommissioned oil and gas wells to be transformed into test carbon burial sites.
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