Latest news
UK to allocate up to £60 million to speed up the CCS technology in emerging markets
In order to stimulate the development of Carbon Capture and Storage (CCS) technology in emerging markets, Climate Change Minister, Greg Barker has announced the allocation of up to £60 million ($96m).
read more... 26/04/2012
National Grid and Petrofac to build a £1bn carbon capture and storage plant in UK
The British energy network National Grid and oil Services Company Petrofac have entered in an agreement with Summit Power Group, a Seattle-based developer of low-carbon electric power projects to seek funding for the development of a carbon capture and storage (CCS) project in the United Kingdom.
read more... 21/03/2012
UK government is launching a £20 million competition for innovations in CCS technology
The UK energy secretary Ed Davey announced a competition worth up to £20 million to fund the development of innovations in Carbon Capture and Storage (CCS) technology.
read more... 14/03/2012
Gazprom to extend its underground gas storages to unfreeze Europe
Gazprom, Europe’s main supplier of natural gas is planning to invest between 200 million and 300 million euros to double its underground natural gas storage in order to make sure the Siberian cold doesn’t freeze up pipelines, Gazprom Deputy CEO Alexander Medvedev said on Wednesday.
read more... 17/02/2012
European gas market copes with the cold snap
Despite the cold weather at the moment, in most parts of Europe gas storage levels are high because much of the continent has so far seen a mild winter. Europe's gas storage sites were two-thirds full on average versus levels of less than 50 percent at this point last year, data from Gas Infrastructure Europe showed lately.
read more... 15/02/2012