Exxon Mobil Corp has created a division to commercialize its technology that helps reduce carbon emissions, as the U.S. oil major looks to step up efforts against climate change amid rising pressure from investors and activists.The move comes…
Norwegian oil and gas firm Equinor has awarded contracts to Subsea 7 and Aibel in support of the realization of the Northern Lights carbon capture project in Norway.The Northern Lights project is part of the Norwegian full-scale carbon capture and storage (CCS) project “Langskip” (Longship)…
Inpex Corp, Japan's biggest oil and gas producer, said on Wednesday it is targeting net-zero carbon emissions by 2050 through the expansion of renewable and hydrogen energy as well as the use of carbon capture technology.The move comes after…
A study published Wednesday by the Belgian hydrogen import coalition – a collaboration between DEME, ENGIE, Exmar, Fluxys, Port of Antwerp, Port of Zeebrugge, and WaterstofNet – has found that importing green hydrogen from abroad is is both…
DNV GL said Tuesday it would combine its current Oil & Gas and Power & Renewables businesses into one new business area called Energy Systems.The quality assurance and classification firm which, among others, provides advisory services to the power…
UK-based consultancy Mott MacDonald has been appointed as the technical integration and optimization contractor for the NortH2 project, dubbed the largest green hydrogen project in Europe.The contract was awarded to Mott MacDonald by the NortH2 Consortium…
Danish offshore wind farm developer Ørsted has taken a final investment decision on the renewable hydrogen demonstration project at Avedøre Holme in Copenhagen, which will use offshore wind energy to produce green hydrogen.The project is expected…
A consortium that includes oil majors Royal Dutch Shell and ExxonMobil has requested a total of 2.1 billion euros ($2.55 billion) in subsidies for a project to store CO2 gasses in empty Dutch gas fields in the North Sea, the Dutch Economy ministry said on Thursday…
Siemens Gamesa and Siemens Energy have this week announced they'd work together on wind-to-hydrogen projects to help decarbonize the economy 'to solve the climate crisis.'The companies said they were contributing with their developments to an…
Norway plans to more than triple its national tax on carbon dioxide (CO2) emissions by 2030 to help it reach its climate goals, the government said on Friday, drawing criticism from the country's powerful oil lobby.The cost of emissions will be raised to 2…
Norwegian carbon capture company Aker Carbon Capture has appointed Egil Fagerland as its CFO, with effect from April 1, 2021.Fagerland joins the company from DeepOcean, where he was head of ERP and Business Systems. He previously held various…
Aker Solutions has secured a contract from Aker Carbon Capture for engineering, procurement, and management assistance to realize the CO2 capture plant at Norcem’s cement factory in Brevik, Norway.The project, part of Norway's Longship project…
UK's Oil & Gas Authority on Wednesday submitted a revised strategy for laying before the UK Parliament featuring for the first time an obligation on the oil and gas industry to support the UK’s net-zero target.'The revised Strategy reflects the ongoing global energy transition…
Equinor has awarded key contracts for the Northern Lights carbon capture and storage project in Norway to Aker Solutions. The contract awards come just days after the Norwegian Government announced its funding decision for the Northern Lights project…
SJI, a Folsom, New Jersey-based energy services holding company has entered a partnership with offshore wind developer Atlantic Shores Offshore Wind to collaborate on a green hydrogen pilot program.The collaboration will research, monitor, and…
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