Equinor, Shell, and TotalEnergies invest $714M to boost CO₂ storage capacity

In a groundbreaking commitment to carbon reduction, Shell, Equinor, and TotalEnergies have pledged $710 million to expand the Northern Lights carbon storage project in Norway. This investment will more than triple its CO₂ injection capacity, targeting five million tonnes annually by 2028—10% of Norway’s emissions. The expansion is pivotal for the global carbon capture and storage (CCS) movement, positioning Norway as a leader in this critical climate technology.

Discover the full scope of this transformative project and its long-term impact on carbon capture in the full article.