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Equinor, RWE join Europe’s biggest green hydrogen project: NortH2-project

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Equinor and RWE have joined the NortH2 project, which aims to produce green hydrogen using renewable electricity from offshore wind off the coast of Netherlands of about 4 gigawatts by 2030, and 10+ gigawatts by 2040, kickstarting the hydrogen economy in Northwest Europe.

Hydrogen 332
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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

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Despite relatively low investment, EIA expects increases in drilling productivity and associated natural gas takeaway capacity from the Permian region will result in record annual US crude oil production in 2023 and 2024. EIA expects US natural gas prices to decrease, on average, through 2023 and 2024 as domestic production continues to grow.

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Canada and Norway to cooperate in energy resource development

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The statement notes that both countries are significant producers and exporters of petroleum and significant producers of electricity produced from hydro power; are Arctic countries; and are emphasizing the need to develop commercially viable carbon capture and storage (CCS) technology to help mitigate climate change. . Oil and gas.

Norway 199
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European project HARARE seeks to produce iron and non-ferrous metals from waste using hydrogen as reductant

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Norway-based research organization SINTEF is currently heading a major EU-funded project called HARARE , which aims to use hydrogen to recover copper and aluminum from copper slag and bauxite residues (red muds), respectively. HARARE stands for “Hydrogen As the Reducing Agent in the REcovery of metals and minerals from metallurgical waste”.

Waste 243
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FREYR and 24M sign licensing and services agreement for mass production of Li-ion battery cells; Glencore for raw materials

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FREYR AS and 24M Technologies signed a definitive License and Services Agreement to use 24M’s SemiSolid lithium-ion battery platform technology ( earlier post ) in FREYR’s planned facilities in Mo i Rana, Norway.

Li-ion 350
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Bosch study highlights potential of e-fuels to reduce CO2 emissions

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According to a new study by Bosch, the use of e-fuels—synthetic fuels based on renewable energy—in Europe by 2050 as a scheduled supplement to electrification could save up to 2.8 Even if all cars were to drive electrically one day, aircraft, ships, and even trucks will still run mainly on fuel. Earlier post.)

Emissions 210
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War in Ukraine: We Need to Talk About Fossil Fuels

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For natural gas, it is the world’s second largest producer , behind the United States and ahead of Iran, and its largest exporter. Such an economy could be largely self contained—the technical term is autarkic —as indeed it was during the Soviet era. But Russia now has a huge ally in the world’s largest economy, China.

Ukraine 113