Norwegian Equinor Will Increase Investments in Renewable Energy, According to New Company President

Written by Roberta Souza

Published on 03/11/2020 at 14:39

Energia renovável Equinor

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According to Anders Opedal, New CEO of Equinor, the Company Will Reduce Investments in Oil and Increase in Renewable Energy

The multinational Equinor announced its ambition to become a company with net-zero emissions by 2050. The company is preparing to gradually reduce global demand for oil and natural gas starting around 2030. To develop Equinor as a company, renewable energies will be a significant area of growth. The company has already set profitable growth targets in the sector and will consequently reduce investments in oil and increase in the renewable sector.

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Anders Opedal, new Chief Executive Officer (CEO) and President of Equinor, said that “Equinor is committed to being a leader in the energy transition. It is a solid business strategy to ensure long-term competitiveness during a period of profound changes in energy systems as society demands net-zero emissions. In the coming months, we will update our strategy to continue creating value for our shareholders and to achieve this goal.”

Equinor envisions a values-based strategy for significant growth in renewable energy and a new target for net carbon intensity. To meet this target, achieving net-zero emissions is essential.

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Norwegian Equinor Will Increase Investments in Renewable Energy, According to New Company President

According to Anders Opedal, New CEO of Equinor, the Company Will Reduce Investments in Oil and Increase in Renewable Energy

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Norwegian Equinor Will Increase Investments in Renewable Energy, According to New Company President

According to Anders Opedal, New CEO of Equinor, the Company Will Reduce Investments in Oil and Increase in Renewable Energy

See Also Other News of the Day:

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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