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Northern Lights and Yara will transport CO2 captured from an ammonia and fertiliser plant in the Netherlands and permanently store it under the seabed off the coast of Norway
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The two companies plan to launch joint working groups to assess opportunities from the technical, commercial and safety perspectives
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bp, Shell and Equinor’s climate scenarios don’t keep temperature rises to 1.5°C, researchers claim
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They intend to agree on a supply contract of up to 1.8m metric tons of SAF over seven years, starting in 2024
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The funding has been given to companies including Shell, RWE and Air Liquide
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This is with the help of green hydrogen and carbon capture technology
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The 200MW electrolyser will produce 60,000kg of green hydrogen each day
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Joining companies can use the platform to purchase SAF and cut business travel emissions
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Located around 65 kilometres west of Bergen in the Troll and Oseberg fields, Trollvind would supply around 4.3TWh of electricity a year to the offshore fields through on onshore connection point
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It has now committed to 100k installations by the end of the decade
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It has agreed to pay $1.55bn for Sprng Energy
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New analysis has uncovered how spending may look for these companies in the next decade
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