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Energy

Equinor to start exiting from Joint Ventures in Russia

Category: Business News

Equinor’s (OSE: EQNR, NYSE: EQNR) Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures. “We are all deeply troubled by the invasion of Ukraine, which represents a terrible setback for the world, and we are thinking of all those who are suffering […]

Source: Equinor


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Optimism surging as global energy industry fully-focuses on transition, new DNV research reveals

Category: Business News

OSLO, Norway, 23 February 2022 – Energy industry leaders say the energy transition is accelerating faster than ever, and that 2022 is set to be a strong year for industry growth, as set out in a new global report from DNV analysing the views of more than 1,000 senior energy professionals. Senior industry players from across […]

Source: DNV


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ExxonMobil makes first commercial sale of certified circular polymers

Category: Business News

IRVING, Texas – ExxonMobil has completed its first commercial sale of certified circular polymers, using its Exxtend™ technology for advanced recycling of plastic waste. The purchaser is Berry Global, a leading provider of innovative packaging and engineered products, which will use the circular polymers to manufacture containers for high-performance food-grade packaging on a mass balance […]

Source: ExxonMobil


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Norway to launch 1.5 gigawatt offshore wind tender

Category: Business News

  OSLO, Feb 9 (Reuters) – Norway will launch later this year its first tender for bottom-fixed offshore wind turbines in the southern North Sea, planning to develop 1.5 gigawatt of electricity that will supply the Norwegian mainland, the country’s government said on Wednesday. Offshore wind is seen as a key new industry offering a […]

Source: Reuters


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Honeywell and FREYR collaborate to deploy Energy Storage Solutions via Next-Generation battery cells

Category: Business News

Houston, TX. and Oslo, NORW., January 19, 2021 – Honeywell (NASDAQ: HON) and FREYR Battery (NYSE: FREY) today announced they have signed an agreement pursuant to which FREYR will, subject to viability, leverage Honeywell’s leading technology offerings, including integrated automation, field instrumentation and security integration solutions in their manufacturing process. As part of the collaboration, Honeywell will purchase 19 GWh of battery […]

Source: FREYR


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