Monday, January 27, 2025
INEOS-led Greensand to become first full-scale carbon storage facility in EU- oil and gas 360

INEOS-led Greensand to become first full-scale carbon storage facility in EU

(World Oil) – INEOS with its partners Harbour Energy and Nordsøfonden, has made a Final Investment Decision (FID) on the first commercial phase of Project Greensand, with storage operations set to begin at the end of 2025/early 2026. This decision paves the way for expected investments of more than $150 million across the Greensand CCS value chain. As the first

Exclusive-Harbour Energy joins North Sea producers' retreat ahead of tax hikes- oil and gas 360

Exclusive-Harbour Energy joins North Sea producers’ retreat ahead of tax hikes

(Yahoo Finance) – LONDON – Top British North Sea producer Harbour Energy wants to sell stakes in North Sea oilfields and is reviving plans for a U.S. listing, sources said, as more firms scale back investments ahead of new tax increases on the sector. The Labour government, which was elected in July, wants to use the revenue from oil and gas