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Equinor and RWE to develop hydrogen-fired power plants in Germany, Norway-to-Germany hydrogen pipeline

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The partners aim to replace coal-fired power plants with hydrogen-ready gas-fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that will be exported through pipeline to Germany. Building production facilities in Norway to produce low carbon hydrogen from natural gas with CCS.

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Enova pledges $259M for Hydro’s pilot aluminum plant in Norway; next-gen electrolysis

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billion (US$259 million) in investment backing for Hydro’s full scale next-generation electrolysis pilot project at Karmøy, on the west coast of Norway. This makes it crucial for production to be based on the lowest possible energy consumption and the lowest possible greenhouse gas emissions. —Enova CEO Nils Kristian Nakstad.

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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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DOE awarding ~$44M to seven carbon capture projects

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capture system at an existing coal-fueled generating unit. MTR) will scale up next-generation Polaris membranes and modules to a final form for commercial use and validate their potential in an engineering-scale field test at the Technology Centre Mongstad in Norway. DOE Funding: $7,427,258 Non-DOE: $2,400,000 Total Value: $9,827,258.

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Technoking of Tesla Elon Musk to speak at ONS Conference

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The nonprofit says that it believes that the “the sustainable energy future must be built on the shoulders of the oil and gas industry.” In contrast to general wishes and political aspirations, the consumption of oil, gas, and coal is still growing, while unrest also excludes more energy from the market.

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Technology Centre Mongstad carbon capture testing facility officially opens

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Located at the Mongstad oil refinery northeast of Bergen, Norway, the technology center will have access to flue gas from the natural gas combined heat and power plant and the flue gas from the refinery cracker. Both technologies are post-combustion capture and utilize a solvent for absorbing the CO 2 from the flue gas.

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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

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Japan-based INPEX Corporation and its joint venture partner Total have made the final investment decision (FID) for the Ichthys liquefied natural gas (LNG) project in Australia, representing an investment of US$34 billion dollars. Total Gas & Power Limited, the gas trading subsidiary of Total, will also purchase 0.9

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