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Total (NYSE: TOT) and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction.
Total (NYSE: TOT) and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction, Total revealed Tuesday.
The collaboration will focus on natural gas liquefaction facilities and associated power generation, according to Total, which noted that each partner will bring together their best-in-class technologies and combine their know-how to deliver industrial-stage solutions.
“This collaboration with Siemens Energy, a major player in the energy technology sector, brings many opportunities to further reduce the carbon footprint of our activities, especially in our strategic LNG business,” Arnaud Breuillac, the president of exploration and production at Total, said in a company statement.
The former head of a major U.S. shale driller is eyeing more investments in the energy transition.
(Bloomberg) The former head of a major U.S. shale driller is eyeing more investments in the energy transition after his first blank-check company announced a deal to create a $1.15 billion renewable natural gas business.
Daniel Rice IV’s Rice Acquisition II special-purpose acquisition company, which filed for a $250 million initial public offering last month, will focus on sustainability and the movement away from fossil fuels. Its predecessor, Rice Acquisition Corp., last week agreed to merge with two other companies to form a venture, Archaea Energy, to harness gas seeping out of landfills.
The U.K. government is still undecided on whether it will allow Royal Dutch Shell Plc to leave in the sea the giant concrete legs that once supported the iconic Brent oil platforms.
(Bloomberg) The U.K. government is still undecided on whether it will allow Royal Dutch Shell Plc to leave in the sea the giant concrete legs that once supported the iconic Brent oil platforms.
Shell has asked for permission to leave the columns each almost as tall as the Eiffel Tower and together weighing around 1 million tons jutting from the water because it says removing them would pose a greater environmental risk. A government decision on the matter, which was last due in September, has dragged.