BP, Eni, Equinor, Shell and Total form consortium to develop the Net Zero Teesside project and accelerate potential of UK’s first zero-carbon cluster

Net Zero Teesside to announce MoUs with 3 existing industrial partners to decarbonise local industry at the official launch event held in Middlesbrough. An extensive impact assessment on the construction phase of the project estimates an annual gross benefit of up to £450 million for the Teesside region and the support of up to 5,500 direct jobs .

Oil and Gas Climate Initiative and key governments crystallise commitment to develop a commercial CCUS industry worldwide

The members of the Oil and Gas Climate Initiative (OGCI) meet senior government representatives from Clean Energy Ministerial Carbon Capture, Utilization and Storage Initiative countries (CEM CCUS Initiative), to reaffirm their intent to catalyse and facilitate the launch of an economically viable, environmentally responsible and safe CCUS industry worldwide.