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Will Big Oil's Huge Carbon Capture Bet Pay Off?

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Will Big Oil’s Huge Carbon Capture Bet Pay Off?
By Tsvetana Paraskova - Apr 21, 2021, 1:00 PM CDT
“We’re sending carbon back where it came from,” Norway’s energy giant Equinor says, describing its efforts to make carbon capture and storage (CCS) commercially viable in a future decarbonized energy system.
Equinor is a joint venture partner with two other oil majors, Shell and Total, in developing the Northern Lights project in Norway, which is planned to deliver carbon storage as a service to help third-party industries to reduce emissions.
Big Oil has been using CCS as a means to cut emissions from its own operations. Now the world’s largest international oil companies see carbon capture and storage as a potential new revenue stream in the energy transition. ....

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How many Shell jobs will be lost in restructure

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Global energy giant Shell has announced it is slashing between 7000 and 9000 jobs worldwide, including a number of its about 1200-strong Queensland workforce.
Speculation 181 jobs will be cut from Shell QGC operations at Gladstone and around the state are inaccurate, according to a Shell spokeswoman.
The news comes as worldwide demand for LNG throughout remains solid, increasing from 358 million tonnes in 2019, to 360 million tonnes in 2020, according to Shell’s annual LNG outlook.
Prices of LNG globally hit a record low early in the year but ended the 12-month period at a six-year high as demand in parts of Asia recovered and winter buying increased against tightened supply. ....

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How many Shell jobs will be lost in restructure

How many Shell jobs will be lost in restructure
cqnews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cqnews.com.au Daily Mail and Mail on Sunday newspapers.

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How many Shell jobs will be lost in restructure

How many Shell jobs will be lost in restructure
gladstoneobserver.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gladstoneobserver.com.au Daily Mail and Mail on Sunday newspapers.

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Shell: LNG set for global growth

According to Shell’s latest annual LNG Outlook, net-zero ambitions will be one of the driving factors for LNG market growth. ....

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