Major energy companies team up on bold initiative with worldwide stakes: 'We have a lot of potential'

Major energy companies team up on bold initiative with worldwide stakes: 'We have a lot of potential'

Two of Europe's largest energy companies have partnered on new projects with the potential to curb harmful carbon pollution. Reuters reported on the agreement signed between Orlen, Poland's largest refiner, and Equinor, the largest operator on the Norwegian continental shelf, to develop carbon capture and storage projects. The projects have the promising potential to reduce the amount of harmful carbon pollution released into the atmosphere and …

Commercial undersea CO2 storage service in Norway to expand capacity

Northern Lights, the first commercial service offering CO2 storage off the coast of Norway, is set to more than triple its capacity to over 5 million tonnes of CO2 per year, the operator said on Thursday.

Should Equinor abandon its own green initiatives and instead be used as a cash cow for the green shift? No, according to a number of parties.

Minister of Energy Terje Aasland invites to a press conference to mark the submission of the Plan for Development and Operation (PDO) for the next phase of the project. This expansion will increase the transport and storage capacity for CO2 from 1.5 million tonnes to a minimum of 5 million tonnes per year.

Energy Titans Invest $714M to Triple CO2 Storage Capacity

In a bold move that underscores the growing commitment to carbon capture and storage (CCS) as a critical tool in the fight against climate change, energy giants TotalEnergies, Equinor, and Shell have announced a substantial investment to expand the Northern Lights project in Norway. The trio will pump NOK 7.5 billion (USD$714 million) into the venture, more than tripling its capacity to transport… Source

Undersea CO2 storage service in Norway to be expanded

Oslo (AFP) Mar 27, 2025 Northern Lights, the first commercial service offering CO2 storage off the coast of Norway, is set to more than triple its capacity to over 5 million tonnes of CO2 per year, the operator said Thursday. A joint venture grouping oil giants Equinor of Norway, Anglo-Dutch Shell and TotalEnergies of France, the project plans to take CO2 captured at factory smokestacks in Europe and inject them i