Malcom Wicks is back at the post of U.K. Minister of State for Energy on the appointment of U.K. Business, Enterprise and Regulatory Reform Minister John Hutton, the government declared Tuesday. 
Statoil and Shell are pulling out of their large-scale carbon-dioxide injecton plan for the Draugen and Heidrun offshore fields offshore Norway, saying it’ll cost too much to capture and transport the globe-heating gas. 
Opinion appears to differ on where to deploy and concentrate technology to curtail global warming and begin earning from the trade in carbon, judging by a week of declarations on carbon capture and storage, or CCS, from the North Sea. 
Business and industry, climate experts and the authorities gather in Oslo today, 22 June, to discuss and share experiences about carbon capture and storage. Statoil is the seminar's co-organiser. 
The United Kingdom will invite six consortia to bid in a November tender aimed at drawing the U.K. companies best able to make the mass capture, transport and storage of carbon offshore a reality. 
ABB in Norway has won a NOK430-million ($72-million) contract to electrify Statoil’s Gjoa platform by sub-sea cable from gas-fired power plant at Mongstad, it was announced late Friday. 
BP has pulled out the Peterhead carbon storage and power project that would have used the fast-emptying Miller field as storage for carbon-dioxide separated from a coastal power-plant’s hydrogen. 
The new Democratic speaker of the U.S. House of Representatives, Nancy Pelosi, said late Tuesday that energy independence in the U.S. will lead to cheaper gasoline prices. 
Norway’s offshore sector will never allow the Nordic country an overall lowering of carbon-dioxide emissions, unless electricity supplied from land is zero-emissions, according to the head of the Norwegian Petroleum Directorate. 
For the next three years, Statoil will invest NOK 1 billion in environmental technology at the Mongstad refinery north of Bergen. |
||||||||
Origin Energy has launched a new Carbon Reduction Scheme offering Australian businesses an effective, efficient and flexible approach to reduce their carbon footprint. The company sees this scheme as a proactive way of helping companies to focus on and effectively manage the reduction and offset of greenhouse gas emissions. 
The U.S. Minerals Management Service is seeking to simplify the way oil and gas production is reported, in a complete rewrite of regulations for offshore operations, it was learned this week. 
A Norwegian environmental crusader and four Statoil carbon-dioxide managers will help direct the European Union’s drive to 20 percent less of the greenhouse gas from 1990 levels by 2020.
Statoil and Pemex sign deal to reduce carbon emissions Mar 6, 2007
Statoil and the Mexican state oil company Petróleos Mexicanos (Pemex) have signed a deal to reduce carbon emissions from the Tres Hermanos oil field in Mexico. 
U.S. Governors have given the indusry a foretaste of American energy policy to come in a volley of stinging criticism levelled at President George W. Bush at the weekend. 
At least one Canadian oil company has come out to tell the Canadian government that without clear stance on Kyoto, it could not calculate the cost of climate-change policy on its business. 
Showing his seriousness carbon-matters, the U.K. Science and Innovation Minister is in the Antarctic for the nest four days visiting the scientists who discovered the world’s polar ozone holes. 
The second anniversary of the Kyoto accord dawned on Friday with a new commitment from G8 ministers and developing world leaders to expand Kyoto carbon-trade from Europe to the world. Only pipeline ownership proved divisive. 
American investors wielding over $200 billion in managed assets — pension funds, foundations and institutional investors — resolved late Tuesday to try voting ExxonMobil and ConocoPhillips into making money on climate-saving technology. 
Total announces the launch of a pilot CO2 capture and sequestration project in the Lacq basin in southwestern France. The project, which leverages a technique considered among the most promising in the fight against climate change, calls for up to 150,000 metric tons of CO2 to be injected into a depleted natural gas field in Rousse (Pyrenees) over a period of two years as from end-2008. |
||||||||
|
