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Oil and gas

3/7/2024 News

New DNV survey highlights an oil and gas sector paradox

The oil and gas industry is facing a ‘petroleum paradox’ – balancing increasing global demand for its petroleum products alongside growing pressure to transition to low-carbon energy sources in order to reduce emissions and tackle climate change. Many in the sector are diversifying their portfolios by investing in alternative energy sources and technologies; Shell recently provided an update on a planned carbon capture project in Alberta, Canada.

Energy policy

Offshore wind turbine during construction

12/3/2025 News

No new oil and gas licences, but more wind and hydrogen: UK government unveils new North Sea vision

The UK government is consulting on plans to make the North Sea ‘a world-leader in offshore industries, such as hydrogen, carbon capture and wind’. It is also looking to provide the oil and gas sector with ‘long-term certainty on the fiscal landscape’ by ending the Energy Profits Levy and developing a new regime to boost investment in jobs and growth.

Carbon capture and storage

The Moomba CCS project under construction

30/10/2024 News

Installed global CCS capacity on track to double once projects being constructed begin operations

A new report from the Global CCS Institute has highlighted significant year-on-year momentum for carbon capture and storage (CCS) projects globally.

Carbon capture and storage

17/7/2024 News

‘World’s first’ trial begins to recycle CO₂ captured at steel plant in Belgium

ArcelorMittal and Mitsubishi Heavy Industries (MHI), together with climate tech company D-CRBN, are trialling a new technology to convert CO₂ captured at ArcelorMittal’s steel manufacturing plant in Ghent, Belgium, into carbon monoxide (CO) that can be used in steel and chemical production. Meanwhile, new analysis suggests that the auto manufacturing industry could become a lead market for low-carbon steel production in Europe if lawmakers set content requirements.

Microbiology

EI Member only

14/7/2026 Feature / Toby Clark

Dealing with the bacteria that can make a well go sour

Reservoir microbiology is the study and practice of managing microbial growth and contamination in underground and undersea fossil fuel reservoirs – contamination which can lower the quality of the product, reduce output and destroy infrastructure. This is a massive issue for traditional oil and gas extraction, but one which also has an impact on carbon capture and sustainable energy. Ahead of the Energy Institute’s Reservoir Microbiology Forum (RMF) later this year, Toby Clark spoke to three members of the Forum’s committee about what the field entails and where it is going.

Aviation fuel

Head and shoulders photo of Andrew Symes, with blurred small aircraft in the background

25/3/2026 Comment / Andrew Symes

The case for waste carbon fuels for the future of aviation

Human society is facing significant challenges. The challenge we are solving is ensuring that future generations have access to carbon-based aviation fuels with far lower impact on the Earth’s climate. Aviation is not going away. The question is not whether people will continue to fly, but how we enable flight without placing a huge burden on future generations by leaving them with an increasingly large cost to live comfortably. The solution is to use fuels derived from waste carbon, either biomass waste or CO₂, writes Andrew Symes, Founder and CEO of low-carbon fuel spin-out OXCCU.

Hydrogen

20/4/2022 News

UK government unveils new hydrogen, nuclear and CCS investment

The UK government has unveiled a £375mn package of support for innovative energy technologies that will power British homes and businesses for decades to come. The funding includes £240mn to support the production of hydrogen as a clean, low-cost energy technology, £2.5mn to develop next-generation nuclear technology and a further £5mn towards research into carbon capture.

Shipping

Individual had and shoulder photos of a woman and a man set side by side

25/9/2024 Comment / Joan van den Akker,Richard L Stevenson

Onboard carbon capture: a feasible pathway to net zero emissions for shipping

Shipping faces a formidable challenge: to reduce greenhouse gas (GHG) emissions to net zero by 2050. While several technologies are being developed, the first seagoing zero emission ship of any significant size is yet to be built. However, onboard carbon capture (OCC) could facilitate swift emissions reductions and reduce dependencies on nascent sustainable fuels, write Joan van den Akker from shipping company Conoship International and Richard L Stevenson from Scottish Carbon Capture & Storage.

Carbon capture and storage

Close up of ADNOC’s Al Reyadah CCS facility in Abu Dhabi

23/3/2022 News

CCS service spending to total more than $50bn globally by 2025

Service sector spending on carbon capture and storage (CCS) developments is set to skyrocket this decade, quadrupling from 2022 to 2025, with cumulative global expenditure over the next three years topping $50bn, according to the latest analysis from Rystad Energy.

Carbon emissions

Head and shoulders photo of Jennifer Holmgreen FEI, CEO of LanzaTech

15/11/2023 Comment / Jennifer Holmgren

Why carbon isn’t totally going away

Even in a net zero economy, we will still need carbon for many vital everyday products. Jennifer Holmgren HonFEI, CEO of LanzaTech, believes we can reduce emissions and create a circular economy by capturing carbon at source. Here she explains how and where sufficient finance may be found to reach commercial scale.

New Energy World™

Search results:

New DNV survey highlights an oil and gas sector paradox

No new oil and gas licences, but more wind and hydrogen: UK government unveils new North Sea vision

Installed global CCS capacity on track to double once projects being constructed begin operations

‘World’s first’ trial begins to recycle CO₂ captured at steel plant in Belgium

Dealing with the bacteria that can make a well go sour

The case for waste carbon fuels for the future of aviation

UK government unveils new hydrogen, nuclear and CCS investment

Onboard carbon capture: a feasible pathway to net zero emissions for shipping

CCS service spending to total more than $50bn globally by 2025

Why carbon isn’t totally going away