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Watch live as INEOS opens the first full-scale CO₂ storage site in the EU

INEOS latest news RSS Authoritative source Published 18th September 2026 United Kingdom

What the source reported

Source-reported

<p>The project, which is led by INEOS Energy alongside Harbour Energy and Nords&oslash;fonden, demonstrates that carbon capture and storage is no longer a future ambition. It is now a reality.<br />&nbsp;<br />INEOS will source CO₂ primarily from Danish biomethane plants. This enables the full CCS value chain to be established and operated using CO₂ volumes that are readily available, while capture projects across industry continue to develop and scale. Once captured, CO₂ is liquefied, delivered by truck to a dedicated CO₂ terminal at Port Esbjerg, shipped aboard Carbon Destroyer 1 - the EU's first purpose-built CO₂ carrier - and injected into the Nini West reservoir, a depleted oil field some 250 kilometres offshore, approximately 1,800 metres beneath the seabed.</p> <p>In this first commercial phase, Greensand can store up to 400,000 tonnes of CO₂ annually. The site has been designed to expand significantly, with the potential to store up to 4-8 million tonnes each year as demand grows.</p> <p><a href="http://www.ineos.com/link/ea4d4625441e4f38ac3abfb7f246eea1.aspx">Read full press release here</a></p> <p><a href="https://m.youtube.com/watch?v=g_GP9e0G7is" target="_blank" rel="noopener">Watch on mobile</a></p> <p style="text-align: center;"><iframe title="YouTube video player" src="https://www.youtube.com/embed/g_GP9e0G7is?si=qoDaITtlAwJmN4lB" width="500" height="315" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="allowfullscreen" referrerpolicy="strict-origin-when-cross-origin"></iframe></p>

Publication
INEOS latest news RSS · Commodity/Energy Organisation
Published
18th September 2026
Original report
ineos.com

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.

What ProcIntel recorded

ProcIntel-derived
Category
Supplier & Corporate Risk
Geography
United Kingdom
Organisations
None identified
Collected
29th September 2026 · 19:51

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Significance 2 · Moderate
Confidence 3 · Moderate

Initial Significance Moderate (26.0/100). Strongest contributor: Procurement Impact (18.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Moderate (47.0/100, data sufficiency: Partial). Strongest contributor: Source Authority (28.0/40 points). Limiting factor: Extraction Quality (3.0/15 points).

Strongest contributor
Procurement Impact
Limiting factor
Geographic Breadth
Possibly the same underlying story as INEOS Opens EU's First Full-Scale Carbon Storage Site in Denmark — flagged automatically, never merged automatically.