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Equinor Sets Ambition to Become a Net-Zero Energy Company by 2050

Equinor has announced its ambition to become a net-zero energy company by 2050. The ambition includes emissions from production and final consumption of energy. It sets a clear strategic direction and demonstrates Equinor’s continued commitment to long-term value creation in support of the Paris Agreement.

Business Network Applauds New Multi-State OSW Partnership

The governors of Maryland, North Carolina, and Virginia announces the formation of the Southeast and Mid-Atlantic Regional Transformative Partnership for Offshore Wind Energy Resources (SMART-POWER) amongst the three states. The partnership is designed to advance offshore wind projects in the region and promote the Southeast and Mid-Atlantic area as a hub for offshore wind energy as well as its supply chain. Regional cooperation like this will be vital as offshore wind energy expands in the United States.

Total Makes Second Gas Condensate Discovery Offshore South Africa

Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa. This discovery follows the adjacent play opening Brulpadda discovery in 2019, which proved a significant new petroleum province in the region.

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