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Oil sands company Suncor Energy strengthens its focus on hydrogen and renewable fuels, divesting wind and solar

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Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Suncor also plans to divest its wind and solar assets.

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Canada and Norway to cooperate in energy resource development

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Joe Oliver, Canada’s Minister of Natural Resources, and Ola Borten Moe, Norwegian Minister of Petroleum and Energy, signed a joint statement on cooperation in the energy sector. The statement outlines four main priorities for cooperation between Norway and Canada in the energy sector: General. Oil and gas.

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Tesla’s Elon Musk en route to Norway to speak at 2022 Offshore Northern Shore conference

Teslarati

Elon Musk is poised to speak at the 2022 Offshore Northern Shore (ONS) conference in Stavanger, Norway, which will be held from August 29 to September 1, 2022. Musk is now en route to Norway. Going to Sola, Rogaland, Norway (ENZV, Stavanger Airport) — ElonJet (@ElonJet) August 28, 2022.

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Statoil to build the world’s first floating wind farm: Hywind Scotland

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The decision triggers investments of around NOK 2 billion (US$238 million), realizing a 60-70% cost reduction per MW from the Hywind demo project in Norway. The onshore operation and maintenance base will be located in Peterhead, also drawing on resources from Statoil’s existing office in Aberdeen. million UK homes.

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Norway-US Project Developing Diesel/Biodiesel, Cool Flame Reformer and Solid-Acid Fuel Cell APU

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Norway’s Nordic Power Systems (NPS) and California-based SAFCell Inc., in collaboration with Caltech, are testing the combination of a cool flame fuel reformer and a solid-acid fuel cell (SAFC) as the core components of a new electric auxiliary power unit (APU). SAFCell Inc., SAFCell Inc., million (US$2 million), with NOK 5.9

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Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

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Policies to entice consumers away from fossil-fuel powered vehicles and normalize low carbon, alternative-fuel alternatives, such as electric vehicles, are vital if the world is to significantly reduce transport sector carbon pure-emissions, according to a new study. Share of EDVs in 2050. —David McCollum.

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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

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A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

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