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The CCS initiatives include gathering, transporting, and securely injecting CO2 for permanent storage in subsea reservoirs.

Despite Western sanctions against Russia, the country may become closer energy partners  with India after the two governments recently discussed the

Basics Carbon capture, utilisation and storage (CCUS) may be defined as the capture, use, and secure storage of carbon that would otherwise be emitted into or remain in the atmosphere. The rationale for carbon capture and storage is to enable the use of fossil fuels while reducing the emissions of carbon dioxide (CO2) into the atmosphere, and thereby, mitigating global climate change. The storage period for CO2 exceeds the estimated peak periods of fossil fuel exploitation, so that if CO2 re-emerges into the atmosphere, it will occur after the predicted peak in atmospheric CO2 concentrations....

Natural gas prices in Europe and Asia are moving higher as the market has continued to tighten in a trend that’s setting the stage for a  bullish summer for liquefied natural gas (LNG) exports.  Both the prompt Title Transfer Facility (TTF) and National Balancing Point contracts jumped above $7/MMBtu last week, while Japan-Korea Marker (JKM) futures shot above $8. The strength has spilled into this week as buying remains strong in both regions. All three benchmarks closed higher on Monday and Tuesday.   “The writing is on the wall, the global gas market is incredibly tight right now, ...

The FSRU terminal will allow for the replacement of coal consumption with natural gas at a scale which reduces carbon dioxide emissions with up to approximately 120 million tonnes, nitrous oxide emissions with approximately 97% and sulphur oxide emissions with approximately 99% over the 10-year period lease term, assuming average imports of 3 million tonnes per annum. Hoegh Giant will be the first FSRU operating in India and will deliver natural gas to the 57-kilometre Jaigarh-Dabhol pipeline connecting the LNG import terminal to the national gas grid. The facility will also deliver LNG for ...