World’s first oil sands CCS project

The world’s first carbon capture and storage (CCS) project for an oil sands operation is set to be built in Canada. The ‘Quest’ project by Shell will be built on behalf of the Athabasca Oil Sands project which is linked to the company’s Scotford Upgrader near Alberta. The Athabasca oil sands contains black, oily material […]

Clean energy fund closes at £360m

French bank BNP Paribas’ Clean Energy Fund has closed at €427m (£360m) – exceeding its target figure. And the bank has stated that around half of investors are taking their first steps into renewables. Joost Bergsma, chief executive of BNP Paribas Clean Energy Partners, was reported as saying: “Investors, particularly in the insurance sector, have […]