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ATCO EnPower to Proceed with Atlas Carbon Storage Hub

July 10, 2024

BY ATCO EnPower

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Shell Increases Interest in Scotford Upgrader and Quest CCS Facility and Fully Exits Oil Sands

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By Shell

February 05, 2025

Capture Storage 

Shell Canada Limited and affiliates and Canadian Natural Resources Limited had agreed to a provision in the 2017 Athabasca Oil Sands Project transaction, where Shell will swap its remaining 10 per cent interest in the Albian mines in exchange for an additional 10 per cent interest in the Scotford upgrader and Quest Carbon Capture and Storage (CCS) facility.

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Engine No. 1 and Chevron U.S.A. Inc. announced the formation of a partnership to build a new company to develop scalable, reliable power solutions for United States based data centers running on U.S. natural gas. The joint development, in conjunction with GE Vernova (NYSE: GEV), aims to establish the first multi gigawatt-scale co-located power plant and data center during President Trump’s second term.

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Stockholm Exergi has been awarded support in the Swedish Energy Agency's reverse auction for BECCS. The approved support amounts to just over 20 billion SEK and will be disbursed continuously over a maximum of 15 years, starting from the commencement of geological storage. The support is an important part of the funding to enable the permanent removal of 800,000 tons of carbon dioxide per year, which is more than Stockholm's road traffic emits during the same period.

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Aker Solutions and SLB Capturi have been awarded a contract for the carbon capture and storage solution at Hafslund Celsio’s waste-to-energy plant in Oslo, Norway. The contract will deliver a carbon capture plant, a liquefaction system, temporary storage, and loading facility at the waste incineration site. It also includes an intermediate CO2 storage and ship loading system at Oslo harbour.

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Copenhagen Infrastructure Partners, through its Energy Transition Fund I (CI ETF I), in partnership with Vestforbrænding, has entered into an investment agreement and a joint venture agreement to establish a joint venture aimed at jointly developing, building, and operating a carbon capture facility in Glostrup, Denmark. CI ETF I will hold a majority stake in the joint venture in the construction and operational phase.

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