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Climate Change

The IEA in 2024: Reviewing the Year

Energy Transition

The IEA in 2024: Reviewing the Year

CCS
28-05-2025

Eni in Exclusive Talks Over Stake Sale in CCUS Business
Italian energy company Eni has entered into an exclusivity agreement with Global Infrastructure Partners (GIP), an infrastructure investor managed by BlackRock, to explore the potential sale of a 49.99% co-control stake in Eni CCUS Holding, its carbon cap
Carbon Emissions
27-05-2025

US EPA Drafting Proposal to Scrap Greenhouse Gas Limits
The U.S. Environmental Protection Agency (EPA) is preparing a proposal to remove all restrictions on greenhouse gas emissions from coal and gas-fired power plants. The draft, which awaits interagency review before publication, responds to concerns that pr
Carbon Emissions
26-05-2025

US EPA Drafting Plan to Erase Greenhouse Gas Limits on Coal and Gas-Fired Power Plants
The U.S. Environmental Protection Agency (EPA) announced on Saturday its development of a draft plan to remove all greenhouse gas emission limits for coal and gas-fired power plants across the United States. The proposal, which will undergo interagency re
CCS
22-05-2025

China’s First Offshore Carbon Capture, Utilization and Storage Project Put Into Operation
China’s first offshore carbon capture, utilization, and storage (CCUS) project has officially commenced operations in the Pearl River Mouth Basin, according to the China National Offshore Oil Corporation (CNOOC), the country’s largest
Net Zero
22-05-2025

£40 Billion Scottish Net Zero Financing Initiative Unveiled
Transition Finance Scotland (TFS), in collaboration with the Green Finance Institute (GFI), has been established to attract up to £40 billion yearly for sustainable projects across Scotland, focusing on decarbonization and private capital mobili
Decarbonization
21-05-2025

Japan Unveils Ports Decarbonisation Plan
Japan’s Ports and Harbours Bureau, under the Ministry of Land, Infrastructure, Transport and Tourism (MLIT), has introduced a new Carbon Neutral Ports (CNP) initiative aimed at achieving carbon net zero at all Japanese ports by 2050. This effort
Carbon Capture
20-05-2025

EEW and GEA Launch Strategic Partnership for CO2 Capture
EEW Energy from Waste (EEW), based in Helmstedt, Germany, and GEA Group AG, a machine and plant manufacturer from Duesseldorf, Germany, have formed a strategic partnership to advance CO₂ capture technologies. Their collaboration focuses on testing and ref
CCS
19-05-2025

10 Companies Shortlisted to Vie for Denmark’s C02 Storage Funding
The Danish Energy Agency has selected ten companies to compete for funding under its carbon capture and storage (CCS) initiative, aimed at supporting Denmark’s climate objectives. The DKK 28.7 billion ($4.31 billion) fund is projected to reduce
Carbon Capture
16-05-2025

Svante Launches Commercial Gigafactory for Carbon Capture Filters
Svante Technologies Inc., based in Burnaby, B.C., Canada, has officially completed the commissioning of its Centre of Excellence for Carbon Capture and Removal – Redwood manufacturing facility. This marks the launch of the world's first
Net Zero
18-05-2025

Prospective North Sea CCS Sites Sought to ‘Turbocharge’ UK’s Path to Net Zero
The North Sea Transition Authority (NSTA), a UK regulator, has invited companies to submit proposals for potential carbon storage sites in the North Sea by July 31, 2025. This follows the issuance of a carbon storage license to the Northern Endurance Part
Carbon Emissions
16-05-2025

China’s Quarterly CO2 Emissions Fall on the Back of a Renewable Energy Surge
In the first quarter of 2025, China achieved a 1.6% year-on-year reduction in carbon dioxide (CO2) emissions, despite a 2.5% increase in national electricity demand, according to an analysis by Carbon Brief. This decline was driven by significant growth i
Carbon Capture
15-05-2025

Carbon Capture Pilot Starts Operating at Kepco’s Himeji 2 Power Plant
Mitsubishi Heavy Industries (MHI) has announced the commencement of a new carbon capture pilot project at KEPCO’s Himeji No.2 power plant, located in Hyogo Prefecture, Japan. The Himeji No.2 thermal power plant, which operates on liquefied natur
CCS
15-05-2025

Drilling Ops Yield Fertile Ground for Carbon Storage in North Sea
Equinor Low Carbon Solutions has drilled two appraisal wells, 32/7-1 and 32/4-4, in the Norwegian North Sea, 20 kilometers east of Troll A and 70 kilometers west of Bergen, confirming their suitability for CO2 storage. Drilled with Odfjell Drilling&rs
CCS
14-05-2025

‘First European-Built’ Offshore CO2 Carrier Set for Launch
Greensand Future announced that the first European-built offshore CO2 carrier for carbon capture and storage (CCS) will be launched at the Royal Niestern Sander shipyard in the Netherlands on Wednesday, 14 May 2025. The vessel supports Project Greensand&a
Carbon Capture
12-05-2025

500 Million Dollar Joint Venture to Boost U.S. Carbon Capture Infrastructure
BKV Corporation has entered a strategic joint venture with Copenhagen Infrastructure Partners (CIP), representing its Energy Transition Fund I, to advance carbon capture, utilization, and sequestration (CCUS) projects across the United States. The partner
CCS
12-05-2025

Allseas on Offshore Pipelay Duty as Porthos Takes Over North Sea Gas Assets for CCS Revamp
Switzerland-based Allseas, a contractor specializing in offshore pipeline installation and subsea construction, has begun work on the Porthos project, a carbon capture and storage (CCS) initiative in the Dutch North Sea. The project, a joint venture betwe
CCS
09-05-2025

Noble Tucks CCS Rig Tech Milestone Under Its Belt
Noble Corporation, a U.S.-based offshore drilling company, has received a technical qualification (TQ) certificate from DNV, an energy and assurance provider, for its advancements in carbon capture and storage (CCS) rig technology. The certificate, presen
Carbon Capture
08-05-2025

Wärtsilä’s Carbon Capture Technology Ready to Hit the Market
Finnish technology group Wärtsilä has developed a carbon capture solution (CCS) that is nearly ready for commercial use, following extensive development since 2019. Based in Helsinki, the company reports that the system can reduce carbon
CCS
07-05-2025

Aker Solutions Turns to Norwegian Firm for Personnel on Northern Lights Expansion Project
Norway-based Aker Solutions has engaged Multiconsult Norge to provide specialized personnel for the second phase of the Northern Lights project, a key component of the Longship carbon capture and storage (CCS) initiative. Multiconsult’s team wil
Decarbonization
07-05-2025

HD Hyundai, Maersk to Explore Joint Pathways for Maritime Decarbonization
South Korea’s HD Hyundai and Denmark’s A.P. Møller – Maersk have signed a memorandum of understanding (MoU) to collaborate on sustainable maritime technologies and enhance global logistics services. The agreement,
CCS
29-04-2025

Saipem Scores €520 Million Gig on Eni’s Irish Sea CCS Project
Italian energy company Eni has awarded a €520 million contract to Saipem, an Italian engineering and construction firm, for a carbon capture and storage (CCS) project in northern England. The Liverpool Bay CCS project, set to span three years, wi
CCS
28-04-2025

Calpine Strikes New Agreement for Texas Power Generation CCS Project
Exxon Mobil has entered into an agreement with Calpine to transport and permanently store up to 2 million metric tons of CO2 annually from Calpine’s Baytown Energy Center, a natural gas combined cycle facility located near Houston, Texas. The ag
Decarbonization
04-05-2025

Wärtsilä Signs Deal to Decarbonise Caribbean Island of Curaçao
Wärtsilä, a global technology group, has entered into a five-year services agreement with Aqualectra, the energy utility company of the Caribbean island of Curaçao. The partnership aims to optimise power generation and reduce
Carbon Emissions
25-04-2025

Japan’s FY 2023 Greenhouse Gas Emissions Hit Record Low for 2nd Year
Japan’s greenhouse gas emissions reached a record low in fiscal year 2023, marking the second consecutive year of decline, according to a government report released on Friday. Total emissions for the year ending March 2024 amounted to 1.07 billi
Carbon Emissions
25-04-2025

Japan’s Greenhouse Gas Emissions Fall 4% in FY23/24 to Record Low
Japan’s greenhouse gas emissions decreased by 4% in the fiscal year ending March 2024, reaching a record low of 1.071 billion metric tons of carbon dioxide equivalent, down from 1.116 billion tons the previous year, according to data released by

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