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Equinor exits Barents Blue and Polaris
Norwegian state-owned company walks away from ammonia and associated CCS projects after cooperation agreement expires
Equinor backs Beccs in joint Nordic initiative
Norwegian energy firm launches Njord Carbon project to scale up carbon-removal technology together with Sodra and Verdane
Shell to test new CCS technology
Tests will be carried on industrial flue-gas sources from Equinor’s refinery at Mongstad
Equinor and Wintershall launch major CCS project
Open access pipeline will link north German CO₂ collection hub with offshore storage sites on Norwegian continental shelf
European majors to spend over a third of capex on low carbon by 2025
Six of the largest European oil and gas firms have set 2025 targets for low-carbon investment as part of their climate transition plans, with goals to increase spending by 2030
Equinor buys US battery storage developer East Point Energy
Norwegian energy company to use flexible storage to boost returns from its renewables portfolio
Equinor and Fluxys study CO₂ pipeline project
Project would pump CO₂ from multiple emitters in northwest Europe to storage sites under Norwegian continental shelf
Floating offshore wind pipeline grows to 85GW
Deployment will take off first in the UK, France, South Korea, Japan and Norway, report says
Equinor and SSE award Keadby 3 CCS Feed contract
Facility could be the first power station in the UK to be fitted with carbon-capture technology
BP and Equinor granted UK carbon storage licences
East Coast Cluster reaches milestone as licences granted for four more sites in Southern North Sea
Equinor will announce further plans on 15 June
Equinor
Stuart Penson
20 April 2021
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Equinor puts transition plan to shareholders

Firm aims to make global operations carbon-neutral by 2030

Norwegian state-owned Equinor will submit its energy transition plan to shareholders for an advisory vote at its next annual general meeting in May, and then subsequently once every three years. The firm’s management will give a progress report to shareholders annually on the plan to reach net-zero scope one, two and three emissions by 2050. It will announce short- and medium-term plans for achieving its net-zero ambitions at a capital markets day on 15 June. 4-6GW – Targeted renewable energy capacity by 2026 Equinor’s move comes after Shell submitted its plan to achieve net-zero emissions by 2050 to shareholders, who will vote on the strategy next month. Equinor has pledged to make

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