How Norway Can Expand Its Oil Industry And Reduce Emissions

How Norway Can Expand Its Oil Industry And Reduce Emissions

OilPrice.com

Published

Oil-rich Norway has long been heralding its big green revolution, pumping funds into making the country run on renewables. But this doesn’t mean it will be giving up on its oil potential, with several new fossil fuel projects in the pipeline.  Although Norwegian oil major Equinor is developing several low-carbon oil operations, it seems that Norway may have to halt production at some of its older oil and gas fields early if it hopes to achieve its climate goals by 2030. The only alternative would be to incorporate large-scale carbon…

Full Article