Net-zero emissions | Egypt Oil & Gas

Equinor, bp, TotalEnergies Finalize Deal in UK’s First CCS Projects

Equinor, in partnership with bp and TotalEnergies, have reached the final investment on two of the UK’s first carbon capture and storage (CCS) projects in Teesside; the Northern Endurance Partnership (NEP) and Net Zer...

Azerbaijan’s SOCAR to Achieve Net-Zero Emissions in Extraction Activities by 2022

SOCAR, Azerbaijan’s state energy firm, declared that it aims to achieve net-zero carbon emissions in its oil and gas extraction activities at its own sites by early 2022, a company official told Reuters. This an...

ExxonMobil Eyes Net Zero Emissions in Permian Basin By 2030

ExxonMobil plans to achieve net zero greenhouse gas (GHG) emissions from operated assets in the U.S. Permian Basin by 2030, announced the company. This is considered a step towards accelerating and expanding its emiss...

Saudi Arabia Pushes for Net Zero Carbon Emissions by 2060

Saudi Minister of Energy Abdulaziz bin Salman bin Abdulaziz disclosed that the kingdom set a goal to reach net zero carbon emissions by 2060, Saudi Press Agency reported. This announcement was made during the first pa...

SSE Sells Gas E&P Assets for EUR 120 MM

SSE plc has agreed to sell its gas exploration and production (E&P) assets to Viaro Energy for EUR 120 million. Per the agreement, SSE will sell its non-operational equity shares across 15 producing fields in thre...

Equinor Aims For Net-Zero Emissions by 2050

Equinor has announced its ambition to become a net-zero energy company by 2050, according to a press release. Anders Opedal, CEO of Equinor, said in a statement: “Equinor is committed to being a leader in the energy t...

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