Carbon Capture and Storage (CCS) presents interesting challenges for the oil and gas industry. Putting aside for the moment fiercely held views on whether carbon dioxide is actually harming the climate, on the one hand it is clear that much of the expertise that would be required to implement Carbon Storage is to be found in the oil & gas industry. On the other hand, is there a potential new business angle for the industry and its experts, given that CCS comes with an initial price tag estimated by some as a 25 per cent premium on the cost of electricity - some radical views suggest the cost could double - and also requiring much more coal to be burned, increasing the risk exposure of mining?

At our half day CCS forum, we present the latest thinking on how carbon concerns can affect (help or hinder) the oil and gas industry, current and anticipated carbon capture projects, and the latest knowledge about how carbon dioxide can safely and cost effectively be sequestered and its secure storage be monitored. Above all, we consider whether there is any sort of business in CCS that makes sense !