IEA: For heavy industry CCUS is inescapable

After years of slow progress, technologies to capture carbon emissions and store or reuse them are gaining momentum. A trend that will need to accelerate significantly for the world to achieve its energy and climate goals. According to a new special report released by the IEA today. foto: Pexels The report, CCUS in Clean Energy […]

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BP and Microsoft join forces in energy transition

Bp and Microsoft announce to work together as strategic partners to promote the digital transformation in energy systems. The companies link their joint ambitions to completely eliminate CO2 emissions by 2050.  Earlier this year, bp announced its ambition to become a net zero emissions company by 2050 or earlier. And help the world achieve net […]

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Europe makes shipping also responsible for climate

Like aviation and land transport, also shipping must drastically reduce CO2 emissions. If it were up to the European Parliament, the maritime transport sector would have to produce at least forty percent fewer emissions annually by 2030. There will also be a special ‘Ocean Fund’ to make ships more energy efficient and to invest in […]

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BP and Equinor develop offshore wind energy in US

Bp and Equinor announced the formation of a new strategic partnership to develop offshore wind projects in the US. This includes the development of existing offshore wind leases on the US East coast. And jointly pursuing further opportunities for offshore wind in the US. As well as forming the new strategic partnership, bp will purchase […]

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Swedish fossil free steel making starts now

SSAB, LKAB and Vattenfall are taking a decisive step toward fossil-free steelmaking with the start-up of Hybrit’s pilot plant for the production of fossil-free sponge iron. At the plant, Hybrit will perform tests in several stages in the use of hydrogen in the direct reduction of iron ore. Swedish Prime Minister Stefan Löfven started up […]

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