NEWS

Reuters: ConocoPhillips discovers gas offshore Norway

Category: Business News

Nov 11 (Reuters) – ConocoPhillips said on Wednesday it has discovered gas condensate offshore Norway, sending the oil producer’s shares up 2% in premarket trade. The discovery was made northwest of the Heidrun oil and gas field and 150 miles (241.4 km) from the coast of Norway in the Norwegian Sea. The company said preliminary […]

Source: Reuters

Published: November 11, 2020

PitchBook: Baker Hughes Does Carbon-Capture Deal with Norwegian Company Compact Carbon Capture

Category: Business News

Oilfield services powerhouse Baker Hughes has purchased Compact Carbon Capture, a Norwegian company developing novel techniques for capturing carbon dioxide emissions from the atmosphere. Compact Carbon Capture went through the Repsol Foundation Accelerator program last year. Read entire details here

Source: PitchBook

Published: November 5, 2020

With Big Oil Declining, Carbon Removal Could Take Its Place

Category: Business News

A new study shows that revenues in the fledgling industry could soon come to rival those of today’s oil and gas giants. Transitioning away from fossil fuels won’t be enough to slow climate change. The world has delayed the task of cutting emissions for so long that we likely will have to also deploy solutions […]

Source: Bloomberg

E24: ConocoPhillips krever at ansatte bruker munnbind på kontoret

Category: Business News

Oljeselskapet dobler antallet ansatte på kontoret, men setter inn nye tiltak for å hindre koronasmitte. Tirsdag 20. oktober økte ConocoPhillips bemanningen ved sitt norske hovedkontor i Risavika fra i underkant av 300 til 600. Samtidig ble det innført krav om bruk av munnbind i fellesområdene på kontoret. – Vi vet at bruk av munnbind gir […]

Source:

Business Wire: Equinor Ready to Expand Offshore Wind in New York, Invest Locally

Category: Business News

NEW YORK–(BUSINESS WIRE)–Today, Equinor submitted bids into New York’s second offshore wind solicitation, building on its strong commitment to deliver renewable energy to the Empire State. In keeping with New York’s commitment to a just energy transition Equinor would provide large investments in economically disadvantaged communities. Equinor submitted its proposals to the New York State […]

Source: Business Wire