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

Green Car Congress

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

Green Car Congress

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. Renewable energy.

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Norway to start seismic surveys in the Barents Sea; “High North” strategy

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Norway Prime Minister Jens Stoltenberg announced that the Norwegian Government intends to start additional seismic surveys further north in the area of the Barents Sea previously disputed with Russia. The survey will provide us with important knowledge about possible oil and gas resources in the area.

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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 targeting average 70% recovery oil in Johan Sverdrup field in Norwegian continental shelf

Green Car Congress

Statoil executive vice president for its North American operations Bill Maloney said that the company has set a goal of recovering an average of 70% of the oil in its Johan Sverdrup field in the Norwegian continental shelf. We’ve set a very large goal for oil recovery for Johan Sverdrup.

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Statoil confirms connection between Aldous and Avaldsnes oil fields; possibly one of 10 largest oil finds ever on the Norwegian Continental Shelf

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Statoil has confirmed communication between the Aldous and Avaldsnes oil discoveries in the North Sea. In combination these discoveries may represent an oil structure of between 500 million and 1.2 billion barrels of recoverable oil equivalent. Norway has not seen a similar oil discovery since the mid-eighties.

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Bio Architecture Lab and Statoil Partner to Commercialize Macroalgae-to-Ethanol Process in Norway

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Under terms of the agreement, Statoil will fund BAL’s research and development and demonstration projects, and if successful, will also fund the commercialization of BAL’s technology in Norway and elsewhere in Europe. —Daniel Trunfio, CEO of Bio Architecture Lab.

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