Statoil striving for big cut in oilsands CO2

Reuters: Statoil has pledged to cut carbon dioxide emissions from its Canadian oilsands production by 40 per cent in 15 years, a top executive said Monday, as the Norwegian company faces pressure at home to burnish its environmental reputation. Lars Christian Bacher, president of the oil and gas company's Canadian arm, said it will cut carbon dioxide emissions from its planned oilsands projects by 25 per cent by 2020 and 40 per cent five years after that. Bacher said the technologies to ......

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