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UK universities to partner in Global Centers for researching net zero innovations

A COLLABORATION involving partners in the US, Canada, UK, and Australia, will see a string of UK universities play key roles in the establishment of four Global Centers aimed at accelerating clean energy innovation.

Type: News

Shell prepared for continued low oil price

SHELL CEO Ben van Beurden says that the company is adopting a “lower forever” mindset as it seeks to adapt to the continued low oil price, which is currently below US$50/bbl.

Type: News

Back to the Future

Andrew Coe and James Paterson explain developments on part of the solution to the dual energy challenge using an almost century-old reaction

Type: Feature

Reflections on Banqiao

On the anniversary of the Banqiao Dam disaster of 1975, Fiona Macleod reflects on a visit to the area where an estimated 230,000 people drowned

Type: Feature

Fine investment: coal miner and oil trader invest in novel coal-to-fuel developer

VITOL and Peabody Energy have invested US$20m in a firm that has developed technology that it says will offer a cost-effective way of upgrading coal waste into oil and then blending it into fuels without using expensive liquefaction.

Type: News

UK partners to advance inertial confinement fusion

FOLLOWING the US’s major fusion breakthrough with inertial confinement technology, a UK partnership has announced that it will design and construct a demonstrator for a similar approach at the UK Atomic Energy Authority’s Culham Campus in Oxfordshire, UK.

Type: News

UK invests £22bn in CCS clusters and hydrogen projects

THE UK is investing almost £22bn (US$28.8bn) in carbon capture and storage and hydrogen projects as the government seeks to take a lead in greener technologies.

Type: News

EU calls for proposals for €1bn clean technology fund

THE EU Commission has launched a call for proposals for its €1bn (US$1.1bn) Innovation Fund for large-scale low-carbon technologies, including energy storage and carbon capture.

Type: News

Wood secures Equinor contract

WOOD has secured a US$42m contract from Equinor to provide engineering, procurement, construction, and installation (EPCI) services at the Kollsnes gas processing plant in Øygarden, Norway.

Type: News

Offer to create world’s largest gold miner descends into spat

A WAR of words has broken out between the leaders of Barrick Gold and Newmont Mining after the latter rejected a US$18bn hostile offer to create the world’s largest gold miner.

Type: News

Stabilising coal ash ponds using ‘biocement’

RESEARCHERS at North Carolina State University (NCSU), US have developed a technique that adds bacteria to coal ash ponds, to make coal ash easier to store and reduce the risk of coal ash spills into surface water.

Type: News

Wabash Valley Resources closes investment for CCS project

WABASH Valley Resources (WVR) has closed an investment from Oil and Gas Climate Initiative (OGCI) for what is expected to be the US’ largest carbon capture and sequestration (CCS) project to date.

Type: News

Ithaca Energy acquires North Sea oil and gas fields

OIL and gas company Ithaca Energy is to acquire ten of Chevron’s UK North Sea producing fields for US$2bn. The acquisition will make Ithaca the second largest oil and gas producer in the region.

Type: News

Shell delays several major projects

FOLLOWING a decision last month to reduce capital spending by 20%, Shell has postponed a number of projects, including a natural gas development in the North Sea estimated to have a value of around US$1bn.

Type: News

Ithaca Energy acquisition reawakens Cambo project plans

OIL and gas company Ithaca Energy is acquiring Siccar Point Energy in a deal worth up to US$1.46bn, which could see the development of the UK’s controversial Cambo oilfield.

Type: News

Teesside SAF plant selects joint Johnson Matthey and bp production process

US-BASED manufacturer Willis Sustainable Fuels (WSF) has chosen a production process co-developed by Johnson Matthey (JM) and bp to produce sustainable aviation fuel (SAF) at its planned plant in Teesside, UK.

Type: News

BASF agrees to buy Bayer’s vegetable seeds business for €1.7bn

BAYER has agreed to sell its entire vegetable seeds business to BASF for €1.7bn (US$2bn), as it seeks to address anti-competition concerns related to its buyout of agriculture firm Monsanto.

Type: News

RAEng and Lloyd’s Register launch £15m safety initiative and call on others to join

THE UK’s Royal Academy of Engineering and Lloyd’s Register Foundation have announced a £15m (US$19.5m) partnership seeking to advance engineering safety around the world.

Type: News

Partners announce FID for Moomba CCS

SANTOS and joint-venture partner Beach Energy have announced a final investment decision on the A$220m (US$164.1m) Moomba carbon capture and storage (CCS) project in South Australia.

Type: News

Trump declares national emergency over threat to power system

US President Donald Trump has declared a national emergency over threats to the country’s power system and ordered the government to ban equipment from foreign adversaries and audit equipment already installed.

Type: News