US, EU and Japan Lead in Carbon Capture and Storage Usage: Report Updated On Wed, Nov 1st, 2023 by Saurenergy The European Union (EU) released a report sharing an ongoing trend in the usage of CCUS (Carbon Capture Utilization and Storage). The report gives an assessment of 2022 global industry. The report states that the CCUS industry witnessed an increase in storage capacity by 44% over the year. However, the report anticipates that the cost […] Read more
SaurEnergy Explains – CCS and CCUS: Promise or Pipe Dream in the Oil and Gas Industry? Updated On Thu, Aug 3rd, 2023 by Saurenergy Oil and gas companies have been leaders in CCUS (Carbon Capture, Utilisation & Storage) development. They operate five of the eight dedicated CO2 storage projects in operation and most of the existing CO2 pipelines. It’s marketed that the practice of capturing and storing carbon dioxide, rather than tackling the causes of the emissions themselves, could […] Read more
IFESTOS- Large Carbon Capture Capture Project in Greece Gets EU Commission Grant Updated On Tue, Jul 18th, 2023 by Saurenergy The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable various firms to bring innovative technologies to the market. The grants are from […] Read more
IOC Sets Sights on RE Capacity Addition, EV Charging Among Others in Restructuring Spree Updated On Mon, Feb 27th, 2023 by Saurenergy The Chairman of Indian Oil Corporation (IOC) Shrikant Madhav Vaidya has said that the CPSU has set its sights on green hydrogen plants at all its refineries. The timeline for this goal has been set for 2047. The announcement comes as part of the Rs 2 lakh crore planned for green transition towards net-zero emissions. […] Read more
