India commits ₹20,000 crore to five-year CCUS push

The Government of India has announced a major fiscal commitment to accelerate carbon capture, utilisation and storage (CCUS) technologies by allocating ₹20,000 crore (about US$2.2 billion) over the next five years as part of the Union Budget 2026-27. The move signals one of the largest industry‑level climate investments in the country and aims to help […]
TotalEnergies, Mitsui and Nordsøfonden pick up CO2 storage exploration permit in North Sea

The Danish Energy Agency has granted its eighth permit for the exploration and possible storage of CO2 in Denmark to a consortium consisting of TotalEnergies, Mitsui and Nordsøfonden. The permit covers the coastal Inez area, located around 50 kilometres offshore from Thyborøn, and allows the consortium to carry out exploration activities to determine whether the […]
Flue2Chem recognised as leading Net-Zero project

Flue2Chem has been named the UK National Winner of the 2025 Net-Zero Industries Award, announced at COP30 in Brazil, for its work demonstrating the feasibility of a circular carbon supply chain. The judging team recognised the ground-breaking project for its unique industry-to-industry collaborative approach, which assisted the development of new technologies to repurpose CO2 emissions, […]
InCapture and G-15-AP CCS Joint Venture Award Development Concept Engineering Contract to Wood

InCapture Pty Ltd (InCapture), operator of the GHG Assessment Permit G-15-AP, together with Joint Venture Partners SK earthon Australia Pty Ltd (SK earthon) and Carbon CQ Pty Ltd (CarbonCQ), has awarded the Development Concept Engineering phase of the G-15-AP Technical Assessment for Declaration of Storage Formation to Wood, a global leader in consulting and engineering […]
UK launches second carbon storage licensing round for 14 sites

The UK North Sea Transition Authority (NSTA) has on 9 December 2025 opened a carbon storage licensing round offering 14 locations in Scottish and English waters for exploration and appraisal. Application deadline is 24 March 2026, and licences are expected to be awarded in early 2027. The areas fall into two broad categories – depleted […]
TGS and Equinor collaborate to drive digital transformation in CCS operations

TGS has entered a close collaboration with Equinor, advancing the digitalisation of carbon capture and storage operations. This agreement strengthens TGS’ ongoing cooperation with Equinor by integrating cutting-edge technology to optimise field operations. Northern Lights will integrate TGS’ Prediktor Data Gateway into its digital system to enhance management of the full CO2 value chain, from the […]
Bonaparte CCS project awarded Major Project Status in Australia

The Australian Government has granted Major Project Status to the Bonaparte CCS Project, marking it as the country’s first offshore carbon capture and storage project to achieve this designation. Operated by Inpex subsidiary Inpex Browse E&P (53%), with partners TotalEnergies (26%) and Woodside (21%), the project aims to store over 10 million tonnes of CO2 […]
DNV launches CCUS certification service

DNV has launched a service specification for the verification and certification of carbon capture, utilisation, and storage (CCUS) facilities. DNV-SE-0696 provides a structured methodology to derisk CCUS projects across design, construction, and operation, said DNV. With CCS projected to grow from 41 MtCO2/yr today to 1300 MtCO2/yr in 2050, mitigating 6% of global CO2 emissions […]
UK commits £200 million to Scotland’s Acorn carbon capture project

The UK government has announced a £200 million investment in the Acorn carbon capture and storage (CCS) project in St Fergus, Scotland, marking a major step forward in its strategy to reach net-zero greenhouse gas emissions by 2050. The investment, unveiled during a government spending review, reinforces the UK’s backing of carbon capture as a […]
DNV signals turning point for global CCS deployment

DNV’s newly released Energy Transition Outlook: CCS to 2050 highlights a pivotal shift in the global deployment of carbon capture and storage (CCS), forecasting that global investment in the sector will reach $80 billion within the next five years. The report reveals that CCS capture and storage capacity is expected to quadruple by 2030, driven […]