Tag Archives: Equinor (Statoil)

The Net Zero Teesside project aims to decarbonise local industry by building a transportation and storage system to gather industrial carbon dioxide. compress it and store it safely in reservoirs under the sea.

Over recent years. the South Pars Phase 11 (SP11) development project has been one of the most controversial projects in Iran.

Exxon and Chevron both agree with the goals of the Paris Agreement.

It notes ``changes in the scale and composition of the oil and gas portfolio`` will be vital in reaching the target.

Its Viking Energy vessel will be part of a research project to develop. install and test whether ammonia fuel cells can deliver 100% carbon-free power over long distances.

BP was the first oil major to commit significant capital to renewable projects. such as wind and solar. from 1980 onwards.

The Norwegian energy firm recently invested £64mto buy an additional 6.5m shares in the solar firm.

It has also set near term goals to cut emissions in Norway by 40% by 2030 and 70% by 2040.

Norwegian state oil company Equinor and Russia'.s Rosneft will invest in the first stage of the development of North Komsomolskoy.

Drone makers are cooperating with oil and gas firms to develop custom drones equipped with data collection technology to obtain real-time insights.