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3 Oil Majors That Bet Big On Renewables

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Further, Equinor plans to reduce its net carbon intensity by at least 50% by 2050 by deploying CCUS (Carbon Capture, Utilization, and Storage) and hydrogen technologies. #2 For instance, Total has lined up an 800 megawatt (MW) solar project in Qatar where it will own a 49% stake in the project when it is completed in 2021.

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