The European Union has reached a provisional deal to raise the share of renewables in its final energy consumption to 42.5% by 2030, under the revision of the Renewable Energy Directive (RED).
The Norwegian Ministry of Petroleum and Energy has awarded two new exploration licenses for CO2 storage on the Norwegian continental shelf in the North Sea to four companies. The two exploration licenses are located in the southern part of the North Sea. The eastern license is offered to Aker BP and
