
ONE‑Dyas’s N05‑A wins MiQ Grade A, establishes new low‑methane benchmark in the North Sea
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Denmark's North Sea oilfield is being repurposed to store millions of tonnes of CO2
A consortium led by Ineos Energy is converting an exhausted North Sea oilfield into an offshore carbon storage hub under the Greensand Future project, with initial injections scheduled this year. The facility aims to scale from roughly 400,000 tonnes of CO2 stored in the near term to a potential annual capacity of about eight million tonnes by 2030, offering a major contribution to Danish emissions targets while drawing scrutiny from environmental groups and cost critics.

Ten Nations Sign Pact to Turn North Sea into 100 GW Offshore Wind Hub
On 26 January 2026, ten countries convened in Hamburg to sign a coordinated investment pact aimed at delivering a 100 GW offshore wind network in the North Sea and aligning standards to lower costs. The agreement commits initial public and industry funding of roughly $11 billion and targets supply-chain, permitting and auction reforms to cut project costs by about 30%.
Vitol and TotalEnergies accelerate North Sea asset buys, moving at record speed
Two major energy buyers have been buying producing North Sea assets far faster than the basin has seen before, concentrating on mature fields that offer immediate output. The wave of transactions shifts risk and value toward well-funded buyers while raising questions about long-term returns, decommissioning costs and regulatory oversight.

S2000 airborne wind system achieves grid-delivery milestone in China
Beijing Lanyi Yunchuan’s S2000 aerostat-mounted turbine completed a flight test that generated electricity at altitude and synchronized output with the local grid. The demonstration produced about 385 kWh during a short window, proving power-conditioning and control systems can link high-altitude generation to terrestrial infrastructure, but long-term performance and economics remain unverified.

Vema’s subsurface hydrogen pilot in Canada could reshape where North American data centers locate
A startup has completed a pilot that harvests hydrogen generated in iron-rich bedrock and plans commercial wells next year, claiming production costs below established clean-hydrogen benchmarks. If delivered at scale and price, this local, low-carbon supply could alter power sourcing and site-selection for data centers and heavy industry across regions with suitable geology.

StormFisher and CarbonLeap link e‑methanol supply and demand to cut transatlantic shipping Scope 3 emissions
Canadian e‑fuel producer StormFisher has partnered with Netherlands-based CarbonLeap to offer cargo owners a way to claim verified upstream emissions reductions on transatlantic routes. The agreement pairs StormFisher’s RFNBO-compliant e‑methanol supply with CarbonLeap’s demand aggregation and book‑and‑claim financing to lower reported Scope 3 transport emissions while sharing fuel-cost burdens between shippers and carriers.

Qatar and Japan’s JERA Near Agreement on New LNG Sales Pact
Qatar is poised to finalize a new liquefied natural gas sales contract with Japanese utility JERA, reinforcing long-term fuel supply for Japan and securing additional export commitments for Qatar. The arrangement will reverberate through regional LNG markets by shaping contract volumes, off‑take timing and pricing dynamics for Asian buyers.
EMP Metals starts re-entry of brackish well to feed Project Aurora demo plant
EMP Metals has mobilized a service rig and begun operations to re-enter a nearby brackish water well as a potential low-salinity feed for its Project Aurora demonstration facility. The roughly ten-day field campaign will gather fluid samples and performance data that will guide Saltworks’ full-scale design for a modular lithium refinery of about 3,000 tonnes per year.