Published by Todd Bush on July 19, 2024
An international oil and gas company is to hold a series of public consultations on its plans to create a new carbon dioxide (CO2) pipeline.
Exxon Mobil is seeking approval for the Solent CO2 Pipeline Project, which would see a pipe running from its Fawley oil refinery near Southampton to a CO2 storage site under the English Channel.
According to government data, the site the Solent pipeline will lead to is the only one suitable in the English Channel
>> In Other News: Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects
The company says it is critical for introducing Carbon Capture and Storage (CCS) to the Solent area which would help to reduce carbon emissions.
The consultations will be held across Hampshire and the Isle of Wight from 7 August until 5 September.
According to government data, the site the Solent pipeline will lead to is the only one suitable in the English Channel.
Exxon Mobil claim the pipe from the Fawley Petrochemical Complex would lead to a carbon reduction equivalent to removing five million cars from the roads each year.
Michael Foley, UK low carbon solutions venture executive at the company, said the pipeline would remove "millions of tonnes" of CO2 annually.
He added: “The UK Climate Change Committee acknowledge CCS technology as a game-changer, describing it as a ‘necessity not an option’, and we are proud of the work we are doing to bring it to the Solent, one of the most industrially significant areas in the UK.
“Many industrial sectors in the Solent are essential yet challenging to decarbonise, like those at our Fawley Petrochemical Complex which produces a diverse range of essential products, like fuels and rubber products.
“This pipeline, and CCS technology, will not only support the regional economy and maintain high-skilled jobs but will also contribute to the government’s goal of achieving net zero by 2050."
CCS facilities aim to prevent CO2 produced from industrial processes and power stations from being released into the atmosphere.
CO2 from burning fossil fuels is captured, transported via a pipeline, and then stored deep underground.
Most of the UK's potential storage is located in the North Sea but according to government data, the site the Solent pipeline will lead to is the only one in the English Channel.
The Victoria Pavilion, Newport, Isle of Wight, 7 August
Boldre War Memorial Hall, Boldre, Hampshire, 14 August
Macdonald Elmers Court Hotel & Resort, Lymington, Hampshire, 16 August
Shalfleet Village Hall, Newport, Isle of Wight, 22 August
Phoenix Knights Centre, Cowes, Isle of Wight, 23 August and 3 September
Niton Village Hall, Ventnor, Isle of Wight, 24 August
The Bridge Community Centre, Milford on Sea, Hampshire, 30 August
Calshot Activity Centre, Calshot, Hampshire, 4 September
Jubilee Hall, Fawley, Hampshire, 5 September
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🛢️ Baker Hughes and Frontier Infrastructure Enter Carbon Capture Partnership 🏜️ Desert Mountain Energy Enters Into Licensing Agreement With Hethos Ltd. 🌬️ The Companies Leading t...
Inside This Issue 📉 BP Revises Strategy, Maintains Selective Investment in Hydrogen Amid Broader Cuts to Green Energy Spending 💰 Frontier Backs Phlair’s Next-Gen Direct Air Capture with $30.6M Inv...
Inside This Issue 🏭 Oxy's STRATOS Update: The Future of Direct Air Capture Nears Completion ✈️ United Sustainable Flight Fund Invests in Heirloom to Scale Direct Air Capture ⚡ Fidelis and B&W ...
Watershed's Bold Move: A 1-Megaton Carbon Removal Initiative
Watershed, a leader in corporate climate action, has announced a groundbreaking request for proposals (RFP) to acquire 1 megaton of carbon removal credits. This ambitious move aims to bolster its d...
Taylor-Wharton and GenH2 Partner to Deliver Zero-Loss Liquid Hydrogen Storage Systems
Revolutionizing Hydrogen Refueling by Eliminating Losses During Transfer, Storage and Dispensing Taylor-Wharton, a subsidiary of Air Water America Inc., a global leader in cryogenic equipment, has...
Carbon TerraVault and National Cement Sign MOU for California’s First Net Zero Cement Facility
Carbon TerraVault Expects to Transport and Sequester up to 1 Million Metric Tons of CO2 Emissions Annually LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) – California Resources Corporation (N...
Capito Gives Update on Hydrogen Hub Project
Washington D.C. (WTRF) – The Trump Administration has repeatedly stated that it wants to make America the world’s premiere producer and supplier of energy. While West Virginia is typically known f...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.