SEOUL, Sept.10 (Korea Bizwire) — South Korea’s sweeping government reorganization to expand the Ministry of Environment into a new Ministry of Climate, Energy and Environment is drawing sharp criticism from energy experts, who warn that dividing authority over fossil fuels and renewables could weaken policy coherence and threaten energy security. Under the plan, the Environment [...]
SEOUL, July 14 (Korea Bizwire) — South Korea’s state-run oil company has initiated a project to capture and confine carbon dioxide within the depleted gas field in the East Sea. The Korea National Oil Corp. (KNOC) said Thursday it has signed a preliminary FEED (front end engineering and design) contract with Hyundai Engineering & Construction [...]
SEOUL, May 10 (Korea Bizwire) — SK E&S Co., an energy unit of South Korean conglomerate SK Group, said Tuesday it is investing US$110 million in a U.S. carbon capture and storage (CCS) project as it ramps up its push for its renewable energy business. The project, joined by other American energy firms, aims to [...]
SEOUL, March. 11 (Korea Bizwire) — SK E&S Co., the energy unit of South Korean conglomerate SK Group, has taken its first step in a carbon capture and storage (CCS) project that aims to transform a gas field that is soon to terminate production into a carbon storage space. The company announced on Thursday that [...]
SEOUL, Nov. 18 (Korea Bizwire) — South Korea will push for a project to install the country’s first commercial-scale carbon capture storage facilities in a gas field in the East Sea as part of efforts to achieve its carbon neutrality goal, the industry ministry said Thursday. The project is meant to capture carbon dioxide from [...]
SEOUL, June 17 (Korea Bizwire) — SK E&S Co., a leading South Korean gas provider, is pushing forward with efforts to develop carbon dioxide capture technology, which is emerging as a core technology in the realization of carbon neutral goals. On Wednesday, the company signed a partnership agreement with the state-run Korea Institute of Energy [...]
The following commentary by Brent Jacobs, P.Eng. is a statement on behalf of the International CCS Knowledge Centre. It takes courage to be first. And now with SaskPower’s ground-breaking Boundary Dam 3 CCS Facility (BD3) having captured and prevented four million tonnes (4Mt) of CO2 from entering the atmosphere, it is a milestone worth celebrating. REGINA, [...]
EDMONTON, Alberta, Jan. 21 (Korea Bizwire) — A low carbon future for cement is advancing through a unique feasibility study to see carbon capture and storage (CCS) on Lehigh Cement’s plant in Edmonton, Alberta. Recognizing the substantial role that large-scale CCS has in reducing greenhouse (GHG) emissions, Lehigh Cement, the International CCS Knowledge Centre (Knowledge [...]
SEOUL, August 7 (Korea Bizwire) – To cut carbon emissions that affect climate change, the Korean government will spur the development of core technologies including carbon capture and sequestration (CCS), solar cells and fuel cells. The Ministry of Science, ICT and Future Planning (MSIP) announced on August 6 that it would invest 51.6 billion won to [...]